OJK Prepares New Regulation to Govern Capital Market Influencers

JAKARTA — The Financial Services Authority (OJK) will tighten oversight of influencer activity in the capital market through a new OJK Regulation (POJK). The rule will specifically govern parties who disseminate investment-related information on social media.

“There will be tighter regulations. This year we are targeting the issuance of an OJK Regulation specifically concerning parties who spread information. In this case, what we mean is influencers,” said Hasan Fawzi, OJK Chief Executive for Capital Market, Derivatives, and Carbon Exchange Supervision, after attending the launch of the Indonesia Digital Innovation Centre (PIDI) at the Bank Indonesia complex in Jakarta on Monday (23/2/2026).

Hasan said the drafting process for the POJK is currently at the rulemaking stage. The public can monitor the progress of the draft through the official OJK website, which will publish the articles containing the dos and don’ts provisions.

“Our hope is that once the POJK is issued, OJK will have stronger authority to enforce these provisions,” he said.

“So every party spreading information, such as influencers, we expect to comply with and adhere to the norms and provisions set out in the forthcoming POJK. The regulation is currently in the finalisation process and is targeted for release in the near term this year. The target is the first semester, as discussions have already taken place at the Board of Commissioners’ Meeting forum, including on the draft regulation,” he added.