The Financing Institutions, Venture Capital Companies, Microfinance Institutions, and Other Financial Service Companies Supervision regulates and supervises the Financing Institutions, Venture Capital Companies, Microfinance Institutions, and Other Financial Service Companies Sector as an integration of the entire financial services sector activities.
In carrying out its functions, Financing Institutions, Venture Capital Companies, Microfinance Institutions, and Other Financial Service Companies Supervision has several main duties:
Developing initiatives to support the Financing Institutions, Venture Capital Companies, Microfinance Institutions, and Other Financial Service Companies Sector (including sharia Financing Institutions, Venture Capital Companies, Microfinance Institutions, and Other Financial Service Companies);
Drafting Financing Institutions, Venture Capital Companies, Microfinance Institutions, and Other Financial Service Companies Sector regulations;
Developing Financing Institutions, Venture Capital Companies, Microfinance Institutions, and Other Financial Service Companies Supervision system, including standards, norms, guidelines, criteria and procedures;
Guiding, supervising, and inspecting entities with business licenses, approvals, or registrations in the Financing Institutions, Venture Capital Companies, Microfinance Institutions, and Other Financial Service Companies sectors;
Conducting special supervision on the Financing Institutions, Venture Capital Companies, Microfinance Institutions, and Other Financial Service Companies Sector;
Providing written instructions, appointing, and/or determining statute manager uses on financial services parties/institutions engaging in the Financing Institutions, Venture Capital Companies, Microfinance Institutions, and Other Financial Service Companies Sector to prevent consumer, public, and financial services sector's losses;
Enforcing laws/regulations in the Financing Institutions, Venture Capital Companies, Microfinance Institutions, and Other Financial Service Companies Sector;
Conducting special investigations into irregularities suspected of involving criminal activities in these sectors;
Ensuring Financing Institutions, Venture Capital Companies, Microfinance Institutions, and Other Financial Service Companies Supervision quality control;
Carrying out Financing Institutions, Venture Capital Companies, Microfinance Institutions, and Other Financial Service Companies Sector crisis management protocols;
Providing technical guidance to business actors and evaluations in the Financing Institutions, Venture Capital Companies, Microfinance Institutions, and Other Financial Service Companies Sector;
Coordinating Financing Institutions, Venture Capital Companies, Microfinance Institutions, and Other Financial Service Companies Sector licensing and supervision in the Financial Services Authority Office and Regional Offices;
Performing other duties assigned by the Board of Commissioners.
