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Indonesia’s OJK freezes 33,252 accounts linked to suspected online gambling

Enforcement & compliance

Indonesia’s Financial Services Authority, OJK, said it had frozen 33,252 bank accounts suspected of links to online gambling, up from 32,556 previously. The regulator said banks had been asked to conduct enhanced due diligence or block identified accounts as part of efforts to restrict financial channels used for illegal betting.

Banks face heightened checks on accounts suspected of supporting illegal online betting in Indonesia.

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Enforcement & compliance

Brazil decree enables freezes of accounts linked to illegal betting

Brazil’s Decree No. 13,033, signed by President Luiz Inácio Lula da Silva on 19 June, establishes a process to freeze accounts held by unauthorised fixed-odds betting operators. The SPA may initiate restrictions, with banks and payment providers required to act within 24 hours; forfeiture requires an administrative process and court action, and amounts owed to bettors are protected.

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