Indonesia's Financial Regulator OJK Boosts Governance and Cracks Down on Online Gambling

Indonesia's Financial Services Authority (OJK) hosted the Risk and Governance Summit 2026 in Jakarta, emphasizing "future‑ready" governance, risk management and compliance as foundations for sustainable economic growth. Commissioners such as Sophia Wattimena highlighted the need to address cyber risk, AI misuse, geopolitical uncertainty and climate change, while Deputy Coordinating Minister for Economic Affairs Ferry Irawan stressed that strong governance underpins institutional credibility and investor confidence. The summit also featured digital transformation advocates, including Edwin Hidayat Abdullah of the Ministry of Communication and Digital, who said digitalisation should drive productivity and welfare.

In a parallel event, the OJK Banking Forum 2026 brought together OJK, the Ministry of Communication and Digital (Komdigi) and major banks to strengthen safeguards against digital scams and online gambling. Chairwoman Friderica Widyasari Dewi noted rising fraud schemes and a 260% increase in suspicious gambling‑related transactions in 2025. The Indonesia Anti‑Scam Centre reported blocking over 557,000 accounts and recovering nearly Rp200 billion for victims. Authorities pledged tighter IT governance, risk‑based supervision and coordinated action to disrupt the entire gambling ecosystem.