Indonesia's COVID-19 Vaccination and Economic Resilience Strategy
The Indonesian Financial Services Sector Master Plan (2021-2025)
Enhancing Financial Services Sector's Resilience and Competitiveness
The 2021-2025 MPSJKI
STRENGTHENING
RESILIENCE AND
COMPETITIVENESS
Strengthening capital and accelerating
consolidation of Financial Services
Institutions (FSI)
Strengthening governance, risk
management and market conduct
Synchronize FSS regulations and
supervision by referring to the best
practices and/or international
standards
Strengthening Integrated Supervision
of Financial Conglomerates and
Cross Cutting Issues
DEVELOPMENT OF FINANCIAL
SERVICES SECTOR (FSS)
ECOSYSTEM
Increasing the role of the FSS in supporting
priority economic sectors, MSMEs, job
creation and regional development
Establish FSS integration to add value of
Sharla Finance in the development of halal
industry and sharia economic ecosystem
Expand the financial access and foster public
financial literacy
Strengthening consumer protection in the FSS
Accelerating financial market deepening
Supporting FSI business expansion to carry out
multi-activities business
Increase the role of financial services in the
sustainable finance to achieve the SDGs
DIGITAL TRANSFORMATION
ACCELERATION
Support FSS digital transformation
innovation and acceleration
Developing regulatory framework which
supports digital financial sector ecosystem
Improving human capital capacity in the
financial services sector in line with the
development of the digital industry
Strengthening the role of research to support
FSS digital innovation and transformation
Accelerate the implementation of IT-based
supervision (Suptech) in OJK and use of
Regtech by FSS
Perform Business Process Reengineering to
increase the quality of licensing, regulation and
supervision
Source: Financial Service Authority (OJK)
COLLABORATION AND COOPERATION AMONG STAKEHOLDERS (ENABLER)
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