Indonesian Political, Business & Finance News

OJK Committed to Strengthening SCF Industry through Digitalisation Support

| Source: ANTARA_ID Translated from Indonesian | Regulation
OJK Committed to Strengthening SCF Industry through Digitalisation Support
Image: ANTARA_ID

Jakarta (ANTARA) - The Financial Services Authority (OJK) has assured its commitment to strengthening the Securities Crowdfunding (SCF) industry with support for digitalisation and capital access through SCF organiser platforms. “Therefore, OJK continuously encourages innovation to improve the quality and development of SCF. In addition, it is also carrying out evaluations in parallel to anticipate various challenges faced by the SCF industry,” said Head of the Directorate of Supervision for Securities Companies 2 and Crowdfunding Services at OJK, Muhammad Adi Wijoyo, during the SCF Days: Governance to Growth in the Capital Market event at the Indonesia Stock Exchange Building, Jakarta, on Tuesday. His side is continuously enhancing the quality of supervision in efforts to strengthen retail investor protection through several revisions to existing OJK Regulations or regulations related to SCF, as well as the use of the Apolo (Online Reporting Application) system for reporting to OJK as an offsite supervision instrument. In the last year, the SCF industry recorded significant growth with total funds raised increasing from around Rp1.53 trillion in December 2024 to more than Rp2.1 trillion as of April 2026. The number of issuers also increased by 38 per cent from 804 to 1,115 entities, while the number of investors reached more than 198,000 investors. Sharia-based instruments have also shown strong contributions, with funding of around Rp1.14 trillion, or more than half of the total industry funding, indicating growing public interest in project-based sukuk investment instruments and the real sector. “This condition is a positive signal for the existence and role of SCF instruments in deepening the financial market, enhancing the financial industry, and encouraging improvements in the national economy,” said Adi Wijoyo. His side also hopes that the 18 SCF organiser platforms that have obtained permission from OJK will continue to enhance understanding and compliance with existing regulations. “This includes strengthening governance, strengthening the fulfilment of positive equity obligations that will start applying next month in July. Then reporting obligations considering the issuer issuance due diligence process, as well as supervision of the issuers,” he explained.

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