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Investor Presentaiton

OJK Policy Directions 2023 to increase bank lending to support the national economic recovery, while maintaining financial system stability • Strengthening the Financial Services Sector Strengthening capital and consolidation in the Enhancing product and service innovations banking sector Strengthening supervision Maintaining Economic Growth Financial Restoring public trust in the insurance industry Implementation of Statements of Strengthening the role of actuaries • Accounting Standards (PSAK) 74 • • governance and integrated • Increasing investors' interest in green and sustainable instruments as well as Shari'a investmeants • Enhancing the attractiveness of domestic financial market Funding source diversification in the multi-finance industry • Supporting the Government's strategic policies and programs • • Massive education programs to enhance financial literacy • Enhancing financial access for MSMEs Strengthening complaint handling and dispute resolution as well as civil lawsuits by OJK • Improving Services and Strengthening OJK's Capacity Enhancing Financial Information Services System (SLIK) to create a level playing field Expediting single window licensing Facilitating coordination among the financial services industry, authorities, and other relevant institutions Strengthening integrity and professionalism Implementing Anti-Bribery Management System (SMAP) Harmonizing standards rules with international Integrated data and information management Development of SupTech and RegTech In consumer protection, OJK will focus on creating swift and just resolutions for financial consumers, imposing still financial penalties to create deterrent effects on violators, eradicating illegal investments, and establishing service centers to channel consumer complaints at all OJK offices across Indonesia. In the implementation of Financial Sector Omnibus Law (P2SK Law), OJK hopes for stakeholders' active participation in the P2SK Law implementation process, including synergy with relevant authorities and institutions during the regulatory and supervisory transition process. Other important measures include Shari'a financial sector landscape restructuring through spin-offs and banking consolidation, preparing for the implementation of the Insurance Policy Holder Protection Program, strengthening market conduct supervision, and gradually extending activities and financial products to encompass areas, such as carbon exchanges, bullion activities, digital and crypto assets. Source: Financial Services Authority (OJK)
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