Indonesia's Financial Services Authority (OJK) announced separate cooperation agreements with the Financial Transaction Reports and Analysis Center (PPATK) and the National Cyber and Crypto Agency (BSSN) to reinforce integrity and security in the financial services sector, spanning anti-money laundering and counter-terrorism financing coordination and cybersecurity measures for financial sector technology innovation and digital financial assets, including cryptoassets. The OJK–PPATK agreement focuses on strengthening coordination to prevent and combat money laundering, terrorism financing and proliferation financing of weapons of mass destruction in the financial services sector, including data and information exchange, use of processed information from IT systems, coordinated audits, and correspondence standards, and follows a memorandum of understanding signed on 15 May 2024. The OJK–BSSN agreements, following a memorandum of understanding signed on 28 February 2024, cover (i) cybersecurity and cryptographic security in financial sector technology innovation and digital financial assets, including digital forensics and incident response assistance, ITSA services, cyber risk condition detection, data and information sharing, a cyber contact centre, and TTIS registration for financial sector technology innovation and digital financial asset (IAKD) operators, and (ii) capacity-building, including coordination on cybersecurity policies, rules and standards, implementation assistance for protection of IAKD operators’ electronic systems, TTIS formation, and human resource development; remarks at the signing highlighted cyberattacks as a key risk to public trust and the importance of inter-agency collaboration to address online gambling risks.

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