Ada Pertanyaan? Hubungi Kami 
Ada Pertanyaan? Hubungi Kami Fathan Qorib, Mahinda Arkyasa
Due to the increase of illegal investment products, the Financial Services Authority (OJK) took the initiative to propose a Draft Bill on Securities Investment (Draft Bill).
Sondang M Samosir, Director of Customer Service at OJK, explained that the Draft Bill is necessary in order to provide a legal framework for protecting consumers from existing and emerging illegal investment schemes.
Sondang stated that the Draft Bill should include criminal sanctions, fines, and obligations to return customers’ investment funds.
“It will be great if the Draft Bill is proposed. However, it is still only a discourse,” she said on Wednesday (20/3).
Sondang explained that it is stil under OJK internal discussion and there is no coordination or discussion with other governmental institutions whatsoever.
Similar to Sondang, OJK’s Director of Capital Market Evaluation and Investigation Sardjito asserted that the Draft Bill will protect consumers from illegal investment.
He also agreed that the Draft Bill should oblige illegal investment companies to return customers’ money, in addition to the usual criminal sanctions or imposition of fines.
Prior to the Draft Bill Proposal, OJK planned to form a market intelligence team, which will collect all information on investment products that are offered. If there is any criminal allegation on the products, it will be processed by the team.
Kusumaningtuti S Soetiono, OJK’s Commissioner, said that each market such as banking, capital market, and non-bank financial institution, will have its own market intelligence team. However, due to the lack of OJK employees, the plan is yet to be executed.
(jt/hot)
Fathan Qorib, Mahinda Arkyasa
Due to the increase of illegal investment products, the Financial Services Authority (OJK) took the initiative to propose a Draft Bill on Securities Investment (Draft Bill).
Sondang M Samosir, Director of Customer Service at OJK, explained that the Draft Bill is necessary in order to provide a legal framework for protecting consumers from existing and emerging illegal investment schemes.
Sondang stated that the Draft Bill should include criminal sanctions, fines, and obligations to return customers’ investment funds.
“It will be great if the Draft Bill is proposed. However, it is still only a discourse,” she said on Wednesday (20/3).
Sondang explained that it is stil under OJK internal discussion and there is no coordination or discussion with other governmental institutions whatsoever.
Similar to Sondang, OJK’s Director of Capital Market Evaluation and Investigation Sardjito asserted that the Draft Bill will protect consumers from illegal investment.
He also agreed that the Draft Bill should oblige illegal investment companies to return customers’ money, in addition to the usual criminal sanctions or imposition of fines.
Prior to the Draft Bill Proposal, OJK planned to form a market intelligence team, which will collect all information on investment products that are offered. If there is any criminal allegation on the products, it will be processed by the team.
Kusumaningtuti S Soetiono, OJK’s Commissioner, said that each market such as banking, capital market, and non-bank financial institution, will have its own market intelligence team. However, due to the lack of OJK employees, the plan is yet to be executed.
(jt/hot)