The Financial Services Authority of Indonesia (OJK) is an independent agency established in 2011 to regulate and supervise the financial services sector in Indonesia. Its primary goal is to ensure the stability of the financial system, protect consumers, and promote fair and transparent financial practices. OJK oversees various sectors, including banking, capital markets, and non-bank financial institutions. It plays a crucial role in implementing policies, conducting inspections, and enforcing regulations to maintain the integrity of the financial system and foster economic growth in Indonesia.