JAKARTA - The Financial Services Authority (OJK) has confirmed that it is not involved in offering initial public offering (IPO) services and has never approved PT Investindo Public Optima's operational activities, including permission to use the OJK logo in pamphlets or other forms of communication.

OJK emphasized that the use of the name and/or OJK logo by PT Investindo Public Optima in pamphlets, advertisements, or other communication media without permission was illegal and violated the provisions of the applicable laws and regulations.

"OJK reminds that those who commit the violation can be subject to criminal sanctions in accordance with applicable legal provisions," said Plt. Head of the Department of Literacy, Financial Inclusion and OJK Communications M. Ismail Riyadi in his statement in Jakarta, quoted by Antara, Sunday, July 6.

Furthermore, Ismail said that the OJK has the authority to supervise activities, parties, and products carried out in the capital market in order to maintain regularity, transparency, and consumer protection as well as the community.

This is in accordance with the mandate of Law Number 4 of 2023 concerning the Development and Strengthening of the Financial Sector (UU P2SK) and Law Number 21 of 2011 concerning OJK.

In this regard, the OJK appealed to the public, business actors, and prospective issuers to be careful and not to respond to service offers from parties who are not registered or do not have permission from the OJK.

Make sure to only use the services of the capital market supporting institutions and/or professions that have obtained business licenses and are registered with the OJK, whose information can be accessed through the official OJK website at www.ojk.go.id.

If the public finds suspicious information or offers, it is hoped that they will immediately report them through the official channel of OJK complaints or to law enforcement officials.

"OJK will take firm legal steps to maintain the integrity of the capital market and protect public interests from misleading practices," said Ismail.

The OJK also emphasized that there is no imposition of tariffs or levies in the licensing process, approval, registration, ratification, and examination of corporate action plans, other than those officially regulated in Government Regulation (PP) Number 41 of 2024 concerning Work Plans and Budgets of the Financial Services Authority and Charges in the Financial Services Sector.


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