Day: February 27, 2023

In performing debt collection, debt collectors must not commit actions that can cause legal and social issues, including making threats, committing acts of violence, and exerting physical or verbal pressure. Jakarta (ANTARA) – Debt collectors appointed by financial institutions or creditors must not act in a way that causes legal issues or violates social propriety, the Financial Services Authority (OJK) has emphasized.”In performing debt collection, debt collectors must not commit actions that can cause legal and social issues, including making threats, committing acts of violence, and exerting physical or verbal pressure,” OJK’s deputy commissioner for education and consumer protection, Sardjito, told ANTARA here on Monday. The official made the remarks in response to a report about debt collectors forcefully seizing a vehicle owned by Instagram celebrity Clara Shinta, who said that she was not aware her ex-husband had pawned her car and the payment was in arrears. On February 20, 2023, Shinta lodged a complaint over the seizure of the vehicle with Jakarta Police. However, the debt collector, who was summoned together with Shinta by police, reportedly abused police officers verbally. rticle 7 of OJK Regulation No. 6/POJK.07/2022 requires financial services providers to prevent company directors, employees, and any third party employed by a company from abusing their position and facility in a way that harms consumers, Sardjito said. “An example of behavior that harms consumers is committing violence while collecting the consumer’s debt,” he added. Meanwhile, Constitutional Court Decision No. 18//PUU-XVII/2019 bars creditors from unilaterally confiscating fiduciary collateral without a court order. The deputy commissioner said that debt collectors committing the prohibited act can be sanctioned in accordance with criminal law, and the financial services provider responsible for the debt collector can be sanctioned by the OJK. “The sanction will start from administrative sanction in the form of a written warning, fines, restriction of business activities, and revocation of business permit,” Sardjito remarked. baca-jugaRelated news: andgtovernment’s role in safeguarding citizens from illegal online loansRelated news: Another suspect in Citibank debt collection case arrested Source: Antara News Agency

  I appreciate this effort as a supporting step toward Indonesia’s commitment to reducing ocean waste by up to 70 percent by 2025. Jakarta (ANTARA) – The Environment and Forestry

Luxury Fertility & Surrogacy Concierge, First-of-Its-Kind. IMA ART Fertility

A new paradigm in which luxury fertility is an experience. Because the world’s wealthy don’t have time to create their families, as they’re busy creating wealth. IMA ART Logo BEVERLY HILLS, Calif., Feb. 26, 2023 (GLOBE NEWSWIRE) — IMA ART, introduced a first-of-its-kind luxury fertility and surrogacy concierge, dedicated to

Collaboration Brings Innovative Productivity Solutions to 3 Billion Frontline Workers Worldwide

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FAHR trains staff on ChatGPT use

DUBAI, 27th February, 2023 (WAM) — The Federal Authority for Government Human Resources (FAHR) held a training workshop on ChatGPT and how to use it to support government work, as part of its activities for UAE Innovation Month.The workshop highlight…

UAE records 32% growth in green, sustainable finance

DUBAI, 27th February, 2023 (WAM) — The UAE witnessed a 32 percent year-on-year (YoY) growth in its 2022 green and sustainable finance issuing, a new report by leading consulting firm Arthur D. Little showed.Between 2019 and 2022, the UAE recorded incr…

CBUAE revokes licence of Al Rasheed exchange house

BU DHABI, 27th February, 2023 (WAM) — The Central Bank of the UAE (CBUAE) has revoked the licence of Al Rasheed, an exchange house operating in the UAE and struck off its name from the Register, pursuant to Article 137 of the Decretal Federal Law No….