Indonesia’s Financial Services Authority (OJK) outlined priorities for cooperation with 27 governance professional associations, focusing on financial sector integrity, digital and artificial intelligence (AI) risks, and sustainability. Speaking at the Governance Ecosystem Strengthening Synergy Forum in Jakarta on Oct. 26, Friderica Widyasari Dewi, chair of OJK’s Board of Commissioners and Audit Board, emphasized stronger internal controls and risk management to address increasingly interconnected risks, including fraud, cybersecurity threats and climate change. Friderica asked OJK staff to establish focused working groups to translate associations’ proposals into concrete, measurable collaboration programs. Cooperation will cover professional development and certification, stronger professional standards and ethics, and joint research to inform policy. The emphasis on professional collaboration continues OJK’s engagement with governance, risk and compliance associations, including an April forum that addressed digital and climate risks. The current discussions place particular emphasis on translating cooperation into practical measures to prevent misconduct.
Indonesia's Financial Services Authority outlines governance cooperation priorities with 27 professional associations
Indonesia’s Financial Services Authority (OJK) outlined cooperation priorities with 27 governance professional associations covering integrity, digital and artificial intelligence risks, and sustainability. At a governance forum, OJK Chair Friderica Widyasari Dewi requested focused working groups to develop measurable joint programs. Cooperation will include professional training, certification, stronger standards and joint policy research.