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Jakarta – Commission XI DPR RI has completed the aptitude and aptitude test (Good and good test) to fill vacancies of 2 (two) positions of members of the Board of Commissioners of the Financial Services Authority (ADK OJK), which was held last Monday (10/7/2023). In response, Commission XI DPR RI member Puteri Komarudin said that the selected candidate should strengthen the oversight function of the OJK.

“These two positions are very important to carry out the expansion of the mandate of OJK in accordance with the Law on Development and Strengthening of the Financial Sector (UU P2SK). Namely the supervision of technological innovation of the financial sector (ITSK), digital financial assets and crypto assets. In addition, supervision of the non-banking financial sector will be expanded with the supervisory role of cooperatives engaged in the financial services sector,” Puteri said in a written statement received. Parliamentarians in Jakarta, Thursday (13/07/2023).

Previously, Indonesian President Joko Widodo had selected 4 (four) candidates to be selected by DPR RI Commission XI, namely Agusman and Andi Budiarso as candidates for the position of Managing Director for the Supervision of Financing Institutions, Private Equity Companies. risk, microfinance institutions and other financial institutions. Service establishments. Meanwhile, the candidates for the position of Managing Director for ITSK Supervision, Digital Financial Assets and Crypto Assets are Hasan Fawzi and Erwin Haryono.

“The development of ITSK is very fast, so it requires the role of a regulator who must adapt to these dynamics. We already have experience of the rise of ITSK entities whose identity is not clear because they are in gray areasuch as business issues binary options. It is not impossible, it can also reappear later. Thus, the regulator must have a head start in anticipating the emergence of victims of the vague field of supervision,” explained the politician from the Golkar party faction.

In addition, this member of the DPR RI Interparliamentary Cooperation Agency (BKSAP) also reminded to accelerate the financial inclusion of ultra-micro and MSME companies so that they can upgrade.

“Currently, there are around 30 million ultra-micro players who still do not have access to banks or financial institutions. In fact, 5 million of them are trapped in illegal loan sharks. So, with the authority of the OJK to oversee cooperatives engaged in the financial sector, it should also be directed to expedite easy access to finance for the community,” he continued.

Based on the results of this suitability and adequacy test, DPR RI Commission XI, in deliberation to reach a consensus, selected Agusman as General Manager for the supervision of financing institutions, capital companies. risk, microfinance institutions and other financial service institutions along with ADK OJK. , and Hasan Fawzi as ITSK General Manager Supervisor, Digital Financial Assets and Crypto Assets simultaneously serve as ADK OJK. The results of the DPR RI Commission XI selection were then communicated and approved at the DPR RI plenary meeting on Thursday (13/07/2023).

Concluding his statement, Puteri advised the selected members of the OJK Board of Commissioners to prepare for a smooth transition of supervision. Indeed, the subsequent supervision of crypto assets will move from CoFTRA to OJK, and the transfer of supervision of cooperatives engaged in the financial sector from the Ministry of Cooperatives and Small and Medium Enterprises to OJK.