OJK Takes Regulatory Action Against 71 Non-Bank Financial Companies

Comprehensive Sanctions Across Financial Sectors

The Financial Services Authority (OJK) has taken decisive regulatory action by imposing administrative sanctions on 71 non-bank financial companies during December 2025. The affected entities span multiple sectors of Indonesia's financial industry, demonstrating OJK's comprehensive approach to regulatory oversight.

Sector-wise Distribution of Sanctions

The sanctions were distributed across various financial sectors:

• 24 multifinance companies faced penalties for non-compliance with industry regulations
• 6 venture capital firms were sanctioned for violating operational guidelines
• 23 fintech P2P lending platforms received sanctions, highlighting increased regulatory scrutiny in the digital lending space
• 4 microfinance institutions were penalized for failing to meet regulatory requirements
• 13 private pawnshops faced administrative action for non-compliance
• 1 specialized financial institution received sanctions as part of the regulatory measures

Regulatory Implications and Market Impact

This broad-ranging action by OJK underscores the authority's commitment to maintaining financial sector stability and protecting consumer interests. The sanctions likely reflect various compliance failures, ranging from capital adequacy issues to operational irregularities. The move is expected to enhance overall compliance levels in Indonesia's non-bank financial sector.