OJK through the Decree of the Board of Commissioners of the Financial Services Authority number KEP-1/D.06/2025 dated January 16th, 2025, has revoked PT Sarana Riau Ventura business license, which its head office is located at Komplek Perkantoran Grand Sudirman Blok A-3, Jalan Datuk Setia Maharaja (d/h Parit Indah), Kota Pekanbaru, Provinsi Riau. The revocation of the business license takes effect from the Decree of the Board of Commissioners of the Financial Services Authority on the date of stipulation.
PT Sarana Riau Ventura is prohibited from carrying out business activities in venture capital sector and is obligated to settle rights and obligations in accordance with the applicable laws and regulations, among others:
Restricted from using the word “venture” or the word “sharia venture” for naming the company in accordance with the provisions of Article 56 of the Business and Institutional Licensing of Venture Capital Companies Number 34/POJK/05/2015.
Provide clear information to Debtors, Creditors, and/or funders regarding the mechanism for settling rights and obligations.
Required to provide customer information and complaints center equipped with authorized contact persons. The intended contact person (including if theres is a change in contact person) must be disclosed to all debtors and can be CC to OJKFAODirectorate of Financing Institutions and Venture Capital Companies Supervision and Directorate of Consumer Services, Complaint Inspection and Regional Consumer Education and Protection.
