DEFI shifts business field to investment
17 May 2023 12:17
After the Financial Services Authority (OJK) suspended the financing business, PT Danasupra Erapacific Tbk (DEFI) changed its focus to investment.
Six OJK officials passed Phase I of DK-OJK selection
27 Apr 2023 11:43
Six of 45 candidates of the Board of Commissioners of Financial Services Authority (DK-OJK)
AXA Financial Indonesia introduces its unit link product, AXA Link Protector
05 Apr 2023 10:45
Amidst the recent talk regarding investment-linked insurance plan (unit link) and the implementation of SEOJK No.5/2022, AXA Financial Indonesia launches AXA Link Protector, its investment-linked insurance product that offers protection as well as investment value.
New SEOJK, Allianz Indonesia and Bank QNB Indonesia to continue offer product solution
31 Mar 2023 17:22
After the implementation of Financial Services Authority Circulatory Letter (SEOJK) No.5/2022 regarding unit-linked insurance products, PT Asuransi Allianz Life Indonesia (Allianz Indonesia), along with PT Bank QNB Indonesia Tbk (BKSW), gain confidence about their existing insurance products, Allianz Wealthlink Protection Life and Allianz Wealthlink Prestige Life 2.
OJK targets 90% Financial Literacy Index in 2024
24 Mar 2023 16:00
The Financial Services Authority (OJK) is aiming to achieve a 90% Financial Inclusion Index in 2024 by issuing OJK Regulation No.3/2023 concerning Increasing Financial Literacy and Inclusion in the Financial Services Sector for Consumers and the Public.
OJK: SVB’s defeat won’t affect banking industry
14 Mar 2023 14:22
The dissolution of Silicon Valley Bank (SVB) and Signature Bank in the United States of America (US) is confirmed not directly affecting Indonesian banking climate.
OJK to sanction Public Accountant Office of Wanaratha Life
08 Mar 2023 13:19
The Financial Services Authority (OJK) has annulled the official registry of Public Accountant Nunu Nurdiyaman and Jenly Hendrawan, as well as the Public Accountant Office of Kosasih, Nurdiyaman, Mulyadi Tjahjo & Partners (KNMT), since last week (24/2) following the case of PT Asuransi Adisarana Wanaartha (WAL).
OJK: 73 companies to raise funds in IDX
28 Feb 2023 13:04
Until last week (23/2), the funds raised in the capital market has hit IDR 35.8 trillion, gained by 17 new issuers. Furthermore, the number of investors is said to reach 10.60 million.
OJK awaits approval of Kresna Life’s policyholders
22 Feb 2023 13:56
The Financial Services Authority (OJK) has yet to receive any written documents stating approval of policyholders of PT Kresna Life regarding the conversion scheme from obligations to subordinated loans (SOL).
OJK to review RPK of AJB Bumiputera 1912
06 Feb 2023 14:32
The Financial Services Authority (OJK) is reviewing closely the Financial Recovery Plan (RPK) submitted by AJB Bumiputera 1912 (AJBB) under an on-site supervisory presence.
