OJK Invites Law Enforcement Agencies to Strengthen Enforcement of Financial Services Crimes
Surabaya, East Java (ANTARA) - The Financial Services Authority (OJK) has invited law enforcement agencies (APH), namely the Republic of Indonesia Attorney General’s Office and the Republic of Indonesia National Police, to strengthen the enforcement of handling criminal acts in the financial services sector. “Coordination among law enforcement agencies is a strategic step in improving the effectiveness of handling criminal acts in the financial services sector,” said OJK Deputy Commissioner for Law and Investigation Yuliana in Surabaya, East Java, on Friday. OJK has completed 181 criminal cases in the financial services sector declared complete (P-21) up to March 2026, comprising 143 banking cases, nine capital market cases, 24 insurance and pension fund cases, and five financing cases. “Of that number, 151 cases have attained final legal force (inkracht),” she stated. Several coercive measures carried out by OJK in collaboration with law enforcement agencies include the determination of suspects, arrests, detentions, searches, and seizures. Acting Assistant for General Criminal Cases at the East Java High Prosecutor’s Office Muhammad Irwan Datuiding emphasised that this collaboration is crucial so that investigators and public prosecutors can work collaboratively within the new criminal justice system. In fact, Irwan said, the collaborative working pattern between investigators and public prosecutors must operate from the initial handling of cases to avoid back-and-forth in the law enforcement process. Head of the Law Division at the East Java Regional Police Commissioner Pol Sugeng Riyadi warned that the challenges in handling financial services crimes are becoming increasingly heavy with the development of communication technology, creating various digital-based financial crime modi operandi. “We are faced with increasingly complex challenges, from illegal investments, criminal acts in banking and insurance, to technology-based financial crimes that are developing rapidly,” said Sugeng.