As the fintech industry continues to grow rapidly, compliance with government regulations, particularly those issued by the Financial Services Authority (OJK), has become a critical necessity. One key regulation to be aware of is SLIK Reporting, which aims to assist fintech companies in meeting government requirements.
What is SLIK Reporting?
SLIK (Sistem Layanan Informasi Keuangan) Reporting is a monthly report that includes customer data and their financial performance, which must be submitted to OJK. This regulation is governed by OJK Circular Letter No.3/SEOJK.03/2021, enabling peer-to-peer lending services to report their customer data.
Regulatory Changes: POJK No.64/POJK.03/2020
This regulation replaces the previous POJK No.18/POJK.03/2017, with updates such as requiring futures and securities companies to report their data through SLIK. Moving forward, fintech companies will also be included in this policy with additional POJK regulations set to be introduced.
Benefits of SLIK Reporting
Enhancing Customer Transparency: Through regular reporting, companies can provide accurate customer data to OJK, fostering a more transparent financial system.
Access to OJK iDeb Data: Companies can access iDeb OJK data to verify potential customers, aiding in risk analysis.
Implementation of KYC (Know Your Customer): SLIK enables companies to better understand prospective customers through identification and verification processes.
Preparation for SLIK Reporting
Adopting the SLIK system requires understanding and operational adjustments. PT. DENTSU SOKEN INDONESIA offers solutions to help fintech companies begin this journey, including Maleo SLIK, a system specifically designed to meet regulatory requirements. With Maleo SLIK, companies can seamlessly report customer data and ensure compliance with OJK regulations.
For more information, visit the official landing page for Maleo SLIK. We are ready to assist you in understanding and implementing SLIK Reporting to support the growth of your business. With SLIK Reporting, fintech companies can enhance their efficiency and credibility in an increasingly competitive financial ecosystem. Don’t wait any longer, start your journey toward regulatory compliance today!
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