Through POJK 11 Of 2022, Banks Are Asked To Self-Evaluate The Digital Maturity Level

Illustration (Photo: Doc. Antara)

JAKARTA - Regulation of the Financial Services Authority (POJK) No.11/POJK.03/2022 concerning the Implementation of Information Technology (IT) by Commercial Banks requires banks to self-assess the level of bank digital maturity.

"Banks need to measure and assess their digital maturity so that they can easily evaluate the steps needed to achieve strategic goals," said Deputy Commissioner for Banking Supervision 1 OJK Teguh Supangkat as quoted by Antara, Thursday, August 4.

Teguh said that the assessment was carried out to support and ensure the use of IT can support a digital transformation of banking services and is expected to provide an overview for banks to improve the implementation of information technology in the future.

“If for example, there is no one assessment that is the same, (banks) will have different levels of understanding. So it is regulated here (POJK) for how to determine how far the level of maturity of digitalization in an entity in this bank is," he said.

The assessment of a bank's digital maturity level is one of the eleven principal arrangements regulated in the PTI POJK.

Later, said Teguh, banks must submit the assessment at least once a year and submit it as part of the report on the current state of information technology operations.

"It is true that there are still some derivatives of this POJK which are SE, later there will be more derivatives as a more technical basis," said Teguh.

As for the readiness of banks to carry out the PTI POJK which will take effect 3 months from its promulgation on July 7, 2022, Teguh said that the banking system was ready because the regulation had previously been discussed in the formation of a blueprint for digital banking transformation involving various related parties including the industry and the Cyber Agency. Country Password.

Teguh explained that the issuance of the PTI POJK was an improvement in regulations to respond to technological developments.

Previously, OJK had a number of regulations related to banking digitization.

In detail, POJK No.12/POJK.03/2018 concerning Digital Banking Services by Commercial Banks, POJK No.12/POJK.03/2021 concerning Commercial Banks and POJK No.13/POJK.03/2021 concerning Product Implementation by Banks General.

"We see technological developments and we also see the future, so in 2021 we will issue a blueprint for anticipation. The blueprint was revealed regarding PTI's POJK which is valid for three months from its promulgation," he said.