Indonesia’s Financial Services Authority (OJK) has instructed banks to strengthen checks on 36,191 bank accounts suspected of being linked to illegal online gambling. This expands the country’s ongoing financial crackdown on unlawful betting activities.
The latest directive covers 2,355 more accounts than the regulator’s previous update in April. This change reflects a broader enforcement effort against gambling-related financial transactions.
Banks Ordered to Expand Checks
OJK Banking Supervision Chief Dian Ediana Rae said the accounts were identified using information provided by the Ministry of Communication and Digital Affairs.
Banks must conduct enhanced due diligence, and freeze the identified accounts where necessary. In addition, andthey must close any additional accounts linked to the same national identification numbers. They must also continue monitoring customer profiles and transaction activity to ensure compliance with financial regulations.
Coordinated Enforcement
The regulator said the measures aim to prevent illegal online gambling from using Indonesia’s banking system while protecting the stability of the country’s financial sector. At the same time, they protect the stability of the country’s financial sector.
The action reflects closer cooperation between the OJK and the Ministry of Communication and Digital Affairs. Intelligence gathered by the ministry helps financial institutions identify suspicious accounts.
Crackdown Continues
By requiring banks to investigate all accounts connected to the same identification numbers, authorities are seeking to prevent suspected users from shifting transactions to alternative accounts. This prevents users from moving their transactions after freezes are imposed.
The expanded order forms part of Indonesia’s wider campaign against illegal online gambling. Banking controls now play an increasingly important role in disrupting the financial networks that support unauthorized betting operations.
