A Momentum to Reform the OJK

The selection process of the Board of Commissioners for the Financial Services Authority has begun. This is the right time to reform the oversight body, which has not been performing as well as had been hoped.

Tempo

February 14, 2022

THIS year should be a special moment for the Financial Services Authority (OJK). This July marks 10 years since it began working. At the same time, the OJK Board of Commissioners would be replaced. The candidates are currently being selected by the committee established by the president.

However, it does not feel right to celebrate these two events. The institution still has a poor report card. Meanwhile, there are many question marks over the s

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