OJK Will Launch Financial Smart National Movement Program August 22

Media discussion sessions in Parapat, Simalungun, North Sumatra, Friday (9/8/2024) night. (DOC. ANTARA)

JAKARTA - The Financial Smart National Movement Program (Kencangan) will be launched by the Financial Services Authority (OJK) on August 22, 2024. This was revealed by the Chief Executive of the Financial Services Business Behavior Supervisory, Education and Consumer Protection of the Financial Services Authority (OJK) Frederica Widyasari Dewi.

"Later, God willing, the launching on August 22, what is interesting is that we synergize this within the framework of DNKI or the National Board of Finance inclusive," said Frederica Widyasari Dewi in a joint media discussion in Simalungun, North Sumatra, Friday night, as reported by ANTARA, Saturday, August 10.

He conveyed that the implementation of the program will be collaborated in a pentahelical manner, namely by involving financial service business actors (PUJK), associations and communities in the community, central and local governments, academics and the media.

According to him, the role of the media is very important in the success of the program as a supporter of increasing literacy so that people are more protected and literate in finance, thus ultimately improving the welfare of the community, considering that now more people are entangled in illegal loans.

"This is homework for all of us, yes, how can we protect people from becoming financially intelligent, can be financial literate and others. That's then how in the end it can improve the welfare of the community and society to be protected by the educational and literacy framework earlier," said Frederica.

In addition to the GENCARKAN program, he said that his party plans to soft launch the Anti-Scam Center service this month. His party wants to ensure that the service can run smoothly before performing the grand launching.

He said that the service was not only aimed at tracking and arresting fraudsters, but also avoiding victims from greater losses, so it is hoped that customers will immediately report to the Anti-Scam Center if they feel they are victims of fraud.

Frederica said that often fraudsters take advantage of the victim's negligence to get the information they want to be able to break into customer accounts.

The service, he continued, is planned not only to cooperate with banking actors in tracking lost customer money, but also collaborate with payment service providers and marketplaces because the tracking process is increasingly difficult when stolen customer money has been used in the marketplace.

"Hopefully in the future this can also be a preventive step. Later a system will be developed where banks can identify which accounts are often used for relocation or uang (money), right? Now (such a sign) will be red flags, yes," he added.