Financial Services Authority (Indonesia)

This article is about Financial Services Authority in Indonesia. For FSA in the United Kingdom, see Financial Services Authority (United Kingdom).

Financial Services Authority
Otoritas Jasa Keuangan
Logo of OJK in Indonesian
Agency overview
Formed2011 (2011)
Superseding agency
  • Badan Pengawas Pasar Modal dan Lembaga Keuangan (Bapepam-LK)
JurisdictionGovernment of Indonesia
HeadquartersJakarta, Indonesia
Agency executive
Websitewww.ojk.go.id

Financial Services Authority (Indonesian: Otoritas Jasa Keuangan; OJK) is an Indonesian government agency which regulates and supervises the financial services sector. Its head office is in Jakarta.[2]

The OJK is an autonomous agency designed to be free from any interference, having functions, duties, and powers to regulate, supervise, inspect, and investigate. The agency was established in 2011 to replace the role of Bapepam-LK in regulating and supervising the capital market and financial institutions, as well as that of Bank Indonesia in regulating and supervising banks, and to protect consumers of financial services industry.

After the passage of the Law on Financial Sector Development and Strengthening, Indonesian government eventually elevated the authority to the special status and integrated it to the law enforcement system in Indonesia.[3]

  1. ^ "Anggota Dewan Komisioner OJK Periode 2022-2027". Retrieved 4 August 2022.
  2. ^ Home (English). Otoritas Jasa Keuangan. Retrieved on 28 March 2019. " Otoritas Jasa Keuangan, Gedung Soemitro Djojohadikusumo Jalan Lapangan Banteng Timur 2-4 Jakarta 10710 Indonesia"
  3. ^ Brilian, Almadinah Putri. "Tok! Jokowi Beri OJK 15 Kewenangan Penyidikan Tindak Pidana Jasa Keuangan". detikfinance (in Indonesian). Retrieved 5 February 2023.