In a bid to strengthen consumer and public protection within the financial services sector, the Financial Services Authority (Otoritas Jasa Keuangan– “ OJK ”) has now harmonized various OJK Regulations that previously addressed these areas through the issuance of Regulation No. 22 of 2023 on Consumer and Public Protection Within the Financial Services Sector (“ Regulation 22/2023 ”).
OJK Harmonizes Regulations on Consumer Protection: Concerns over Debt Collection Activities Addressed
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