IDXChannel - The financial services authority (OJK) plans to issue 224 OJK regulations as derivative regulations to boost the financial sector development and strengthen law enforcement, according to Deputy Chairperson of OJK's Board of Commissioners Mirza Adityaswara.
Currently, OJK is discussing the possibility of these 224 OJK regulations being consolidated into several regulations in the form of "mini omnibus". The agency is also classifying which ojk regulations should be issued in the near future and which can be issued within several years in the future.
“From the identification results, there are 224 OJK regulations that must be made, and there are 43 government regulations,” Mirza said.
We are currently conducting a mapping activity and are also discussing whther a mini-omnibus can be made,” he added.
Earlier, Chairperson of OJK's Board of Commissioners, Mahendra Siregar stated that the OJK is preparing a smooth transition process amid global financial uncertainties to boost the financial sector development and strengthen regulations.