The carbon market is to open in September. The regulations and infrastructure are not yet in place.

Activists face lingering accusations of treason. What are the political agenda behind them?

Top management of Bank Mayapada allegedly obtained kickbacks from customer credit disbursements. The OJK was lax in their oversight of this bank owned by a member of the Presidential Advisory Council.

Banks and financial institutions are targeted by hackers. A robust system that can withstand millions of cyber attacks is needed.

The establishment of a cryptocurrency exchange is not a priority. The bankruptcy of FTX and a number of banks in the United States shows the vulnerability of this commodity.

Mahendra Siregar, Chair of OJK’s Board of Commissioners, on global recession, problems in the insurance industry, and the carbon market.

Bappebti Chief Didid Noordiatmoko responds to the Ombudsman’s accusation of maladministration in the appointment of the planned crypto exchange manager.

Greed results in many instances of fraud under the guise of cooperatives. Indosurya KSP took advantage of the lack of a supervisory agency.

The new financial regulation regime that drastically changes many aspects of Indonesian financial architecture is passed into law. There are many shortcomings that could threaten the financial system.

The PPSK Law delegates a number of new powers to the Financial Services Authority. From supervising crypto assets, venture capital, to gold banks.

Letters on getting Tempo magazine and the rejection of cooperatives to OJK’s oversight.

The quality of credit in the banking system is in decline. This could lead to major problems if relief through restructuring ends.

Business actors are requesting for an extension of the banking credit restructuring policy, which will end in March next year. Their businesses have not recovered, their loan payments could be challenging.

The value of cryptocurrency took a nosedive in the past few months. Investors are biting their nails.

The OJK’s selection of new directors for the Indonesian Stock Exchange is entering its final stage. Four candidates are competing for the support of IDX members. Some have the support of a minister.

The swearing-in of new OJK commissioners could not take place due to regulations. It is the result of the scurry to replace sitting officials.

The Supreme Court is reluctant to swear in seven OJK commissioners for fear of violating regulations. The selection process was expedited.

The government asked the Supreme Court to inaugurate the members of the Financial Services Authority (OJK) Board of Commissioners despite the fact that it is not yet time. This could be against the law.

There is stiff competition to provide pay-later services to support more loan options. This could become a risk bubble threatening consumers and the whole e-commerce industry.

A number of banks now offer pay-later features, just like those managed by fintech and e-commerce companies. They target millennial customers who seek easy access to consumer loans.

The pay-later industry is flourishing and the quick credit scheme gains popularity among the millennials. The Financial Services Authority (OJK) reminds the public to be wise in using pay-later.

The industrialization persuasion and the widespread agrarian conflicts stall the regeneration of farmers. What is the solution?

State-owned insurance companies continue to exhibit poor business management. This adds to the risk of an insurance industry that is in considerable danger.

A number of super rich young people earn funds illegally through money games. They take advantage of their high profiles on social media to defraud people.

Financial Services Authority’s Chief Wimboh Santoso explains the agency’s achievements over the past five years and how his office handles illegal online loan platforms, problems surrounding state life insurance companies Jiwasraya and Bumiputra, and crypto currency.

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.

The number of victims fallen prey to illegal online money lending businesses has continued to spiral. The state failed to create a secure and practical system for micro-loans.

Those running illegal online money lending businesses use applications and special equipment to entrap their customers. They receive funds from abroad and rake in trillions of rupiah.

Indonesian banking gives a mixed response over plans for bankruptcy and debt payment postponement moratoriums. The OJK is pushing for a credit restructuration relaxation.

The Indonesian Employers Association (Apindo) is asking the government to impose a moratorium on filing petitions for bankruptcy and debt payment postponement (PKPU). This could be a field day for bad debtors.

The banking sector is on alert after the emergence of increased credit risk in the corporate segment. In order to mitigate the decline in credit quality, banks are scrambling to form adequate reserves. Additionally, efforts to provide credit relief or restructuring to corporations affected by the pandemic will continue.

The government proposes the relaxation policy for resolving non-performing loans being extended until 2023. A ticking time bomb in the financial industry.

The chaos over the change of control of Bank Bukopin continues. It all started with the supervisor that fails to take action over violations of banking procedures.

The police named Sadikin Aksa, former Bosowa Corporindo CEO, as a suspect in a banking fraud case. It is regarded as a backlash against Bosowa's victory in court.

The Attorney General's Office (AGO) has yet to take action against other perpetrators in the Asuransi Jiwasraya investment fund scandal. The Financial Services Authority bears most of the responsibility.

The Attorney General's Office still has not named any new suspect in the Asuransi Jiwasraya investment funds scandal. For quite a while now, the Financial Services Authority has detected foul play in Jiwasraya's asset placement, but no firm action was ever taken.

Bank Indonesia and the Financial Services Authority relax the provisions for motor vehicle ownership loans. Players in the financial industry are not bold as to boast their performance will immediately spur.

Supported by the capital strength of technology companies, a number of banks are preparing to become digital banks. Regulations are running behind.