Financial Services Authority, Jakarta, November 14, 2014:
Financial Services Authority (OJK)
emphasizes that the list of companies released on November 7, 2014 is regarding
262 companies that have gained licenses from several authorities. This does not
mean that those companies have committed illegal activities. OJK is not in the
capacity to state that those companies are committing such activities.
However, OJK asks
the society to keep cautious, rational and be careful in responding to every
investment offer with characteristics as mentioned in the published press
release. The press release says that there are 44 companies that have gained licenses
from ministries or institutions like Cooperatives and Small and Medium
Enterprises Ministry, Trade Ministry, Futures Exchange
Supervisory Board (Bappebti), Investment Coordinating Board (BKPM) and
Law and Human Rights Ministry.
OJK will routinely update the data contained in OJK`s website
with information resulted from reliable sources, Vigilant Investment Task Force`s
coordination, OJK`s follow-up investigation, and information from other
authorities so that society can still get information about legality from
related authorities. OJK gained information that ministries or institutions
that have given licenses to the companies listed in OJK`s published press
release are currently conducting careful study in order to make sure that the
companies run their activities according to the prevailing laws.
Apart from that, OJK has also received explanation from a
number of companies listed in the November 7, 2014 press release. OJK has
informed the explanation to related institutions. OJK calls business players to
put information about legality of their businesses in each offering document,
both in print or online, in order to give easiness to society in checking
information to authoritative institutions. Furthermore, OJK coordinates
proactively with related institutions so that implementation of fostering and
supervision is carried out effectively in accordance with respective
institution`s authority, in a bid to prevent potential major disadvantages regarding
irresponsible investment offers.
***
For more information:
Anto Prabowo
Director of Policy Development in
Education and Consumer Protection, OJK
Phone: 021-500655
Email: antop212@ojk.go.id
Luthfy Zain Fuady
Director of Investigation, OJK
Phone: 021-83707800
Email: beliauzain@yahoo.com www.ojk.go.id
