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Financial-Services-Authority

House drops BI Law revision, shifts focus to omnibus bill on financial sector
Business 4 years ago

PREMIUM
House drops BI Law revision, shifts focus to omnibus bill on financial sector

The plan to amend the Bank Indonesia (BI) Law caused concern in the financial markets since it had l...
Traceable: Stakeholders work to promote digital sharia economy
Business 4 years ago

Traceable: Stakeholders work to promote digital sharia economy

Indonesia’s sharia financial literacy rate was only 8.93 percent in 2019, Financial Services A...
Jokowi calls on fintechs to adopt good governance for enhanced cybersecurity, services
Business 4 years ago

Jokowi calls on fintechs to adopt good governance for enhanced cybersecurity, services

The Indonesian President conveyed the need for fintech companies to adopt best practices and pursue ...
OJK slashes 2020 equity fundraising target by 47%, still optimistic for 2021
Business 4 years ago

OJK slashes 2020 equity fundraising target by 47%, still optimistic for 2021

Despite revising down its estimate, the OJK remains optimistic that capital market fundraising will ...
Indonesia's economy showing signs of improvement
Business 4 years ago

PREMIUM
Indonesia's economy showing signs of improvement

The country’s financial system remained stable in the third quarter and was expected to furthe...
Loan restructuring program extended until 2022
Business 4 years ago

Loan restructuring program extended until 2022

According to OJK data, as of Sept. 28, a total of Rp 904.3 trillion in loans to 7.5 million borrower...
The future of banking is not for banks
Opinion 4 years ago

The future of banking is not for banks

It took years to understand Bill Gates’ quote, “Banking is necessary, but banks are not....
What we can learn from abolition of the UK FSA
Opinion 4 years ago

PREMIUM
What we can learn from abolition of the UK FSA

Back in Indonesia, buzzes about revamping regulatory structure have been proliferating for months. A...
Indonesia’s sharia finance gains traction amid pandemic: OJK
Business 4 years ago

PREMIUM
Indonesia’s sharia finance gains traction amid pandemic: OJK

The assets of the country’s sharia finance industry reached Rp 1.639 quadrillion (US$111.1 bil...
Experts warn of moral hazard, uncertainty as House plans to let BI supervises banks
Business 4 years ago

PREMIUM
Experts warn of moral hazard, uncertainty as House plans to let BI supervises banks

In a draft revision of the 1999 and 2004 BI laws, the House's Legislative Body (Baleg) proposed ...
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