Otoritas Jasa Keuangan Announcement

OJK Certifies Gradana Teknoruci Indonesia as Registered IT-Based Money Lending Services Provider
December 29, 2017

The OJK has granted a certificate of registration as an IT-based money lending services provider to PT Gradana Teknoruci Indonesia.

OJK Grants Insurance Broker License to Willis Reinsurance Brokers Indonesia
December 28, 2017

The OJK has granted operational license to a reinsurance brokerage company, PT Willis Reinsurance Brokers Indonesia, by virtue of OJK’s Board of Commissioners Decree No. KEP-60/NB.1/2017 dated November 28, 2017.

OJK Rescinds Suspension of Financing Company Daya Sembada Finance’s Operation
December 28, 2017

The OJK has rescinded suspension of financing company PT Daya Sembada Finance’s business activities by virtue of Letter No. S-759/NB.2/2017 dated December 11, 2017, as the company has complied with the provisions of OJK Regulation No. 10/POJK.05/2014...

OJK Imposes Operational Restriction Sanction on Insurance Broker Sapta Miles Indonesia
December 28, 2017

The OJK has imposed Restriction Sanction on Business Activities against Insurance Brokerage Company in the name of PT Sapta Miles Indonesia, pursuant to Letter No. S-88/NB.1/2017, dated September 12, 2017.

OJK Revokes Financing Company Adira Quantum Multifinance’s Permit
December 28, 2017

Financial Services Authority’s (OJK) Board of Commissioners has revoked the business license granted to financing company PT Adira Quantum Multifinance.

OJK Allows 26 BKDs Transformed into LKM BKD Batang Regency
December 21, 2017

This was the first successful transformation process since OJK Regulation No.10/POJK.03/2016 dated January 27, 2016 has taken effect.

OJK Rescinds Suspension Sanctions on Financing Company Tossa Salimas Finance’s Operation
December 21, 2017

The OJK has rescinded suspension of Financing Company PT Tossa Salimas Finance’s operation by virtue of Letter No. S-774/NB.2/2017 dated December 21, 2017, as the company has complied with the provisions of OJK Regulation No. 10/POJK.05/2014.

List of Alternative Dispute Resolution Agencies in Financial Services Sector
December 18, 2017

The Financial Services Authority (OJK) has updated the List of Alternative Dispute Resolution Agencies in the Financial Services Sector, pursuant to Decision No. KEP-4/D.07/2017 dated December 18, 2017.

Administrative Sanctions against Overseas Securities and Related Parties
December 15, 2017

The OJK has imposed administrative sanctions against the parties involved in the violations of capital market regulations committed by PT Overseas Securities and the related parties.

OJK Certifies Esta Kapital Fintek as Registered IT-Based Money Lending Services Provider
December 15, 2017

The OJK has granted a certificate of registration as an IT-based money lending services provider to PT Esta Kapital Fintek.

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