Indonesia's Financial Services Authority (OJK) published a warning stating it has never approved PT Investindo Public Optima’s operational activities, including any permission to use the OJK name or logo in pamphlets or other communications promoting IPO preparation, consulting or related services. The regulator warned that unauthorised use of the OJK name and/or logo is unlawful and may be subject to criminal sanctions. It urged the public, businesses and prospective issuers to ignore offers from unregistered or unlicensed parties and to use only licensed and OJK-registered capital market supporting institutions and professionals, and it invited reports of suspicious offers via official complaints channels or law enforcement. OJK also reiterated that there are no fees for licensing, approvals, registration, ratification or review of corporate action plans beyond levies formally set out in Government Regulation No. 41 of 2024.
OJK 2025-07-05
Indonesia's Financial Services Authority denies authorising PT Investindo Public Optima’s IPO services and warns over misuse of its logo
Indonesia's Financial Services Authority (OJK) warned against PT Investindo Public Optima, clarifying it hasn't approved the firm's operations or use of its name and logo. The OJK emphasized unauthorized use is illegal and may lead to criminal sanctions, urging the public to engage only with licensed entities. It reiterated that no fees are charged for licensing beyond those specified in Government Regulation No. 41 of 2024.