OJK Rescinds Suspension Sanctions on Financing Company Tossa Salimas Finance’s Operation

December 21, 2017


The Financial Services Authority (OJK) has rescinded suspension of Financing Company PT Tossa Salimas Finance's business activities by virtue of Letter No. S-774/NB.2/2017 dated December 21, 2017, as the company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 on Assessment of Risk Level of Non-Bank Financial Institutions.

Thus, following the rescission, PT Tossa Salimas Finance is allowed to resume its business activities.

The rescission is published in Announcement No. PENG-21/NB. 2/2017.

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