The Indonesian Supreme Court officially inaugurated Hasan Fawzi and Agusman as the Board of Commissioners (DK) of the Financial Services Authority (OJK) for the 2023-2028 period on Wednesday, 9 August 2023.
Hasan officially filled the position of Chief Executive Supervisor in the realm of technological innovation in the financial sector, digital financial assets and crypto assets.
Agusman will serve as Chief Executive Supervisor for financing institutions, venture capital firms, microfinance institutions, and other financial services institutions.
This inauguration is a follow-up to the results of the DPR Plenary Meeting decision on Monday, July 10, 2023 which elected the two of them as the new DK OJK.
“Based on the Decree of the President of the Republic of Indonesia number 67/P/2023 dated 26 July 2023, you have been appointed as members of the board of commissioners of the Financial Services Authority,” said Chairman MA Syarifuddin, Wednesday (9/8/2023).
Meanwhile, during the Due Diligence Test last month, Hasan Fawzi wanted to make investment in crypto assets inclusive for all levels of society. To make it happen, he also brought a series of strategies, which he abbreviated as INOVASI.
- Investor Protection and Consumer Protection: A comprehensive protection program that is expected to maintain the security and trust of investors and consumers in the financial technology innovation sector, digital financial assets and crypto assets.
- Normalization which aims to carry out balanced and balanced regulation and supervision by the OJK to support the development of innovations with a collaborative approach.
- Optimizing the increase in literacy, inclusion and utilization of financial technology innovation, digital financial assets and crypto assets so that they can be optimized effectively.
- A wide variety of innovative strategies and programs in the financial technology sector, digital financial assets and crypto assets to deal with changes and meet market needs.
- Acceleration that will focus on developing a green economy and a new economy for a sustainable and environmentally sound economy. Synergy and joint collaboration build the industry.
- Market integrity through industrial ecosystem development and institutional transformation concerning aspects of governance, human resources, and technology.
P2SK Bill Implementation Section
Hasan Fawzi’s appointment is part of the implementation of the Financial Sector Development and Strengthening Law (RUU P2SK), one of which mandates the transfer of oversight of crypto assets from the Commodity Futures Trading Supervisory Agency (Bappebti) to the OJK.
