Jouska Does Not Have A License Because The Financial Planner Has Not Been Regulated By The OJK

Founder and Chief Executive Office (CEO) of PT Jouska Finansial Indonesia, Aakar Abyasa Fidzuno. (Photo: Facebook Jouska Indonesia)

JAKARTA - The CEO of Jouska Finansial Indonesia, Aakar Abyasa Fidzuno spoke about the license for the financial planning company he founded. This also answers public questions regarding his certification as a financial planner.

Aakar explained that Jouska did not have the license yet. License is an official license issued by official financial institutions such as OJK, Indonesia Stock Exchange (BEI), and others.

According to Aakar, he has not yet obtained the license because the regulator does not yet have definite rules regarding financial planning companies.

"Once again (we) comply with OJK regulations that financial planner or financial planner is an area whose license has not been regulated. That has been stated directly by OJK some time ago in several mass media," he said, in a virtual press conference, Tuesday. , September 1st.

Aakar emphasized that a license is different from certification. As a professional individual, he said, he has taken certification from two institutions, namely the Certified Financial Planner or CFP and the International Association of Register Financial Consultants or IARFC.

"Certification is an institution that creates training. As an individual, I have participated in IARFC and CFP certification. I have a certificate, but there is a certificate that has not been extended," he said.

Furthermore, Aakar admitted that not all Jouska leaders had certification.

"It is true in this case that most of us (do not have), because we are in the form of an entity," he explained.

Aakar emphasized that what Jouska does not currently have is a license. But as a professional owner and financial planner himself has the certification as a mark.

"I have certification but some are not extended. The license does not exist yet. The certification is not binding on a particular institution because in Indonesia there are several institutions," he said.

Previously, the Indonesian Financial Planning Standards Board (FPSB) financial planning certification agency questioned the type of business that PT Jouska Finansial Indonesia was running. This is because Jouska claims to be an independent planning firm. However, this institution should not accept money and manage customer funds.

A person can be said to be a financial planner when he already has a certificate issued by a professional association, such as a CFP issued by the FPSB. As for obtaining the certificate, the FPSB issued several criteria that have been standardized globally.