The move is aimed at preventing the P2P lenders from being used for money laundering and terrorism financing, said OJK Deputy Director Munawar.
February 24, 2021The FSC's 2021 policy agenda for the financial sector will include measures to bolster risk management while also strengthening competitiveness and facilitating digital innovation.
February 8, 2021The working group will seek to promote the use of artificial intelligence in financial services as part of the government’s ‘New Deal’ policy initiative.
July 17, 2020The measures include continued support for businesses and individuals, with some focus being diverted back to pre-Covid policy work to support innovation and data-driven initiatives.
June 15, 2020Regulatory burden on banks and technological improvements are likely the two most important factors behind shadow bank growth, a new paper says.
April 30, 2020The new system will use non-financial and transaction information of SMEs and small merchants to generate credit scores, improving their ability to obtain financing and credit guarantees.
March 20, 2020The policy plan includes support for 1,000+ innovative companies, a new business credit scoring system, a per-industry collective credit guarantee scheme, and the introduction of non-recourse factoring.
February 28, 2020The bills allow the commercial use of unidentified individuals without seeking their consent. A new data exchange will be launched in March.
January 13, 2020The government is asking the 4 state-owned asset managers set up in 1999 to repair bank balance sheets for help with custody, liquidation and restructuring of P2P assets.
August 20, 2018Baihang Credit Scoring granted three-year licence to provide personal credit information services online.
February 25, 2018