Recital 13

(13)OJK, as the supervisor of CCPs, monitors CCPs in Indonesia to ensure compliance with the primary rules and with the CCPs internal rules and procedures on an ongoing basis. Day-to-day supervision is conducted by OJK on a regular basis in accordance with Law of the Republic of Indonesia Number 21 of the Year 2011 concerning Financial Services Authority (‘OJK Law’) (Undang-Undang Republik Indonesia Nomor 21 Tahun 2011 tentang Otoritas Jasa Keuangan) ⁶ to identify, assess, prioritise and mitigate risks. OJK may conduct investigations into suspected infringements as referred to in Chapter XI of the OJK Law. OJK has the comprehensive powers to ensure compliance and may withdraw the business license and the approval of internal rules and procedures, issue conditions, requirements or directions, and impose sanctions on CCPs.