Corfina Capital Resumes Operations After Complying with OJK Requirements

Jakarta (ANTARA) - PT Corfina Capital has officially announced the resumption of its full operations, having fulfilled all compliance parameters set by the Financial Services Authority (OJK). This step coincides with the issuance of OJK Announcement Letter No. PENG-5/PM.1/2026 regarding the Fulfilment of Administrative Sanctions and Written Order by PT Corfina Capital. “We express our gratitude for the support from OJK and the trust of our stakeholders during this transition process. Announcement No. PENG-5/PM.1/2026 is concrete evidence of our commitment to prioritising principles of transparency and compliance,” stated Head of Compliance at PT Corfina Capital, Arie Harmansyah, in an official statement received in Jakarta on Wednesday. Accordingly, Arie said the company now has full authority to resume comprehensive business activities, including managing and launching new investment products. “Now, we are focused on once again providing added value to investors through prudent and innovative investment strategies, to strengthen our position in the Indonesian capital market,” Arie added. Following the recovery of its operational status, he assured the company’s commitment to addressing dynamic market needs by redeveloping a varied line of mutual fund products. Arie explained that the company has prepared a range of products designed for diverse risk profiles, including: - Money Market Mutual Fund: A liquidity solution with low risk to preserve client capital. - Equity Mutual Fund (Stocks): An instrument for optimal long-term capital growth. - Mixed Mutual Fund: Flexible asset allocation to balance risk and returns. - Fund Management Contracts (KPD) - And other products as permitted by OJK. “These product variants are presented to serve investment solution needs for both individual (retail) and institutional clients, supported by an experienced investment management team and stricter risk management implementation,” Arie stated. Based on OJK monitoring, PT Corfina Capital has fulfilled its obligations regarding the Administrative Sanction in the form of a fine of Rp1.05 billion and the Written Order to dissolve the Corfina Grow 2 Prosper Strategic Rotation Mutual Fund, Corfina Syariah Equity Mutual Fund, and Corfina Investa Syariah Stock Mutual Fund. These requirements were previously conveyed by OJK in PENG-14/PM.1/2023 dated 19 December 2023 regarding Administrative Sanctions Against PT Corfina Capital.