KONTAN.CO.ID - JAKARTA. The Financial Services Authority (OJK) revoked the business license of PT Group Lease Finance Indonesia in accordance with the Decree of the OJK Board of Commissioners Number KEP-96/D.05/2021 on September 9, 2021. Head of the OJK 1A IKNB Supervision Department, Dewi Astuti, said the revocation was effective since the OJK decision was issued. Through this decision, companies are prohibited from conducting business activities in the field of finance companies. "Companies are required to settle their rights and obligations in accordance with the provisions of the applicable laws," said Dewi Astuti, Head of the OJK 1A Non-Bank Financial Industry Supervision Department (IKNB), in an official statement quoted on Sunday (26/9). After the revocation, the company is obliged to settle the rights and obligations to debtors, creditors and funders. Then provide clear information to them regarding the mechanism for the settlement of these rights and obligations. Then provide an information center and customer complaints in the company's internal. This is in accordance with the provisions of Article 112 of POJK Number 47/POJK.05/2020 concerning Business Licensing and Institutional Financing Companies and Sharia Financing Companies. "Companies whose business licenses have been revoked are prohibited from using the words finance, financing, or words that characterize Islamic financing or institutional activities, in the company's name," he explained. Therefore, OJK appeals to all debtors who have paid off their loans to update their application data to OJK. Then submit a written application to the Department of Banking Licensing and Information c.q. Deputy Director of Credit Information Management (email: flsslik.dpip@ojk.go.id).