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The agency was created in 2011 under the Act No. 21 of 2011 which organised system of regulation and supervision of financial services. It replaced the functions of the Capital Market and Financial Institutions Supervisory Agency (Badan Pengawas Pasar Modal dan Lembaga Keuangan) or Bapepam-LK in short.
Bank DBS Indonesia: 30 June 1989 [5] DBS Bank: Bank Ganesha: 15 May 1990 [5] PT Equity Development Investment Bank Hana Indonesia: 27 April 1971 Hana Financial Group: Bank HSBC Indonesia: 15 May 1989 HSBC: Bank IBK Indonesia: 13 November 1973 Industrial Bank of Korea: Bank ICBC Indonesia: 15 May 1970 ICBC: Bank Ina Perdana: 9 February 1990 ...
OJK may refer to: Estonian Safety Investigation Bureau (Estonian: Ohutusjuurdluse Keskus ) Financial Services Authority (Indonesia) (Indonesian: Otoritas Jasa Keuangan )
Prior the law passed, the Indonesia Deposit Insurance Corporation (LPS) did not regulate and assure the insurance. Article 53 of the law mandated the LPS to expand their assurance coverage from covering only bank savings to include the insurance covering in case the insurance company going bankrupt and have problems.
On 22 December 2020, the president replaced six ministers. The most notable addition to the cabinet was businessman Sandiaga Uno.His admission into the cabinet following his former running mate in the 2019 presidential election Prabowo Subianto, made it the first time in Indonesia's history that all former contestants of a single presidential election were in the same cabinet.
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The general election period is regulated in Article 6A and Article 22E of the Constitution of the Republic of Indonesia and by the Law on General Elections.The presidential and vice-presidential candidate pairs are proposed by political parties or coalitions of political parties that have at least 20% of the seats in the House of Representatives (DPR) or at least 25% of the national vote from ...