OJK
Friderica Widyasari selected as new OJK commissioner board chair
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Indonesia's House Commission XI announced five candidates for OJK commissioner board positions for 2026-2031 who passed the fit and proper test, including Friderica Widyasari as chair. The announcement followed the examination of 10 candidates on March 11, 2026, in Jakarta. The names will be discussed in a DPR plenary session on March 12.
The Financial Services Authority (OJK) along with Bareskrim Polri conducted a raid at PT MASI's office in the SCBD area, South Jakarta, on Wednesday, March 4, 2026. The raid is part of an investigation into alleged criminal acts in the capital market, including IPO manipulation and fictitious transactions. Two suspects have been named in the case spanning 2020 to 2022.
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The Financial Services Authority (OJK) revoked the business license of Perumda BPR Bank Cirebon effective Monday (9/2/2026) due to serious governance and financial issues. Customer funds are guaranteed by the Deposit Insurance Corporation (LPS) as per regulations. OJK had attempted to rehabilitate the bank since 2024, but no significant improvements occurred.