jpnn.com, JAKARTA - The Financial Services Authority (OJK) has revoked the business license of PT OVO Finance Indonesia (OFI).
This was decided by OJK's board of commissioners on October 19, 2021.
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"With the revocation of the said business license, the company is prohibited from conducting business activities as a financing company," reads an official statement from the OJK.
According to the OJK, OFI is required to complete rights and obligations in accordance with the provisions of the applicable laws.
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In addition, the company is prohibited from using the words finance, financing, and/or words that characterize sharia financing activities or institutions in the name of the company.
The rights and obligations of OFI under the OJK include:
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1. Settle the rights and obligations of the relevant debtors, creditors and/or funders.
2. Provide clear information to relevant debtors, creditors and/or funders regarding the mechanism for the settlement of rights and obligations.
3. Provide an information and customer complaint center within the company. (mcr20/jpnn)
The article has been updated to clarify the name of the company.
This news has been broadcast on JPNN.com with the title: OJK Cabut Izin Usaha OVO