OJK — Otoritas Jasa Keuangan

Introduction: OJK (Indonesia’s Financial Services Authority) is described as an independent state agency responsible for regulating and supervising the country’s financial sector and supporting its stability. The source says it replaced financial-regulatory functions previously carried out by Bank Indonesia (BI) and the Capital Market and Financial Institutions Supervisory Agency (Bapepam-LK), with the aim of providing more integrated oversight of banking, capital markets and non-bank financial institutions. Listed objectives include regulating and supervising financial-services activities across those sectors, developing a sustainable and stable financial system, and protecting consumers.