TheJakartaPost
Please Update your browser
Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.
Financial service firms must join information system: OJK
Change Size
An employee is seen working at the Financial Services Authority's (OJK) integrated financial consumer services center at the Bank Indonesia (BI) building in Jakarta.
(Antara/Fanny Octavianus)
T
he Financial Services Authority (OJK) has said that all financial service firms are required to register within the Financial Information Service System (SLIK) by 2022.
Regional development banks and multifinance companies must register to the system by the end of 2018, while venture capital companies and other financial services must register by the end of 2022, the agency said.
According to the OJK, 28 financial service firms have made requests to become SLIK members ahead of the deadline.
Peer-to-peer (P2P) lenders, microfinance institutions and credit unions are exempt from the mandatory requirement.
In a press conference in Jakarta over the weekend, OJK deputy commissioner for banking supervision II Boedi Armanto said the current policy was only voluntary reporting.
“If they want to be integrated within the SLIK, they are welcome by all means. However, it’s not impossible for us to require them to register if they grow in numbers,” said Boedi on Friday.
The SLIK, which was fully implemented on Jan. 1st, is a continuation of Bank Indonesia’s debtor information system (SID).
The new and improved system uses citizenship identity (NIK) and taxpayer (NPWP) numbers for better data integration. (jlm/bbn)
