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View all search resultsThe Financial Services Authority (OJK) has issued a regulation on a disgorgement fund to protect investors from illegal conduct as stakeholders stress the importance of proper fund management and education for retail investors.
The plan to amend the Bank Indonesia (BI) Law caused concern in the financial markets since it had looked to curtail the central bank's independence and sustain debt monetization to finance the state budget.
The Indonesian President conveyed the need for fintech companies to adopt best practices and pursue innovation to propel the country toward greater digital financial literacy in his opening speech for the Indonesia Fintech Summit 2020.
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