{
    "success": true,
    "data": {
        "id": 1787527,
        "msgid": "p2sk-revision-ratified-ojk-confirms-financial-sector-levies-will-continue-1780678287",
        "date": "2026-06-05 22:42:28",
        "title": "P2SK Revision Ratified, OJK Confirms Financial Sector Levies Will Continue",
        "author": "",
        "source": "VIVA",
        "tags": "bisnis",
        "topic": "Regulation",
        "summary": "Indonesia's Financial Services Authority (OJK) has confirmed it will continue to collect levies from the financial industry after proposed funding from Bank Indonesia and the Indonesia Deposit Insurance Corporation surpluses was rejected in the final revision of the P2SK Law. The revised law also grants OJK new oversight mandates, including the regulation of mineral and strategic commodity exchanges. OJK leadership emphasised that the expanded role comes with logical budgetary consequences and remains subject to parliamentary performance evaluation.",
        "content": "<p>The Financial Services Authority (OJK) has emphasised that a funding\nproposal sourced from Bank Indonesia (BI) and the Indonesia Deposit\nInsurance Corporation (LPS) surpluses was not agreed upon during the\nfinal deliberations on the revision of the P2SK Law. Consequently,\nlevies on the financial services industry remain in effect.<\/p>\n<p>Deputy Chairman of the OJK Board of Commissioners, Hernawan Bekti\nSasongko, disclosed this during a press conference on the results of the\nMay 2026 Monthly Board of Commissioners Meeting in Jakarta on Friday, 5\nJune 2026.<\/p>\n<p>\u201cRegarding the OJK\u2019s funding sources with its new mandate, it is true\nthat the current OJK funding scheme continues as before, independently\nfrom levies on the financial services sector and state budget support as\nstipulated in the current P2SK Law,\u201d he said.<\/p>\n<p>Hernawan asserted that the OJK will execute the mandate granted\nthrough the revision of the Law on the Development and Strengthening of\nthe Financial Sector (UU P2SK) effectively, professionally, and\naccountably.<\/p>\n<p>\u201cRegarding infrastructure support, including the budget, it is indeed\na logical consequence of the birth of this new mandate. Therefore, we\nalso believe that this will be a shared concern for realising quality\nregulatory and supervisory implementation to support the public interest\nand the ecosystem within the financial industry,\u201d he stated.<\/p>\n<p>Regarding the House of Representatives\u2019 authority to evaluate OJK\u2019s\nperformance, Hernawan explained that this mechanism is actually already\nregulated under the current provisions. The OJK is required to submit a\nwritten institutional performance report to the President and the DPR,\nwhich is then evaluated by the DPR as material for the annual assessment\nof the performance of all board members and the OJK institutionally.<\/p>\n<p>\u201cTherefore, performance evaluation of OJK leaders is already\ninherent, meaning it has become part of the OJK\u2019s accountability\nframework that has been in effect all this time. So we will continue to\ncarry out the reporting process,\u201d he said.<\/p>\n<p>Regarding the addition of tasks for the OJK, including among others\nthe regulation and supervision of mineral and strategic commodity\nexchanges, OJK Chairman of the Board of Commissioners, Friderica\nWidyasari Dewi, stated that her agency is fully committed to carrying\nout the mandate and trust given by the government and the DPR through\nthe amendment of the P2SK Law. She described this as part of efforts to\nstrengthen and maintain the stability of Indonesia\u2019s financial\nsector.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/p2sk-revision-ratified-ojk-confirms-financial-sector-levies-will-continue-1780678287",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}