Jakarta, July 8 -- Indonesia's Financial Services Authority (OJK) has instructed commercial banks to conduct enhanced due diligence (EDD) or block more than 36,000 bank accounts suspected of facilitating illegal online gambling activities.

OJK Chief Executive for Banking Supervision, Dian Ediana Rae, stated at a press conference here on Tuesday (July 7) that the financial regulator flagged approximately 36,191 accounts based on data submitted by the Communication and Digital Affairs Ministry.

"To combat online gambling, which has had a widespread impact on the economy and financial sector, the OJK has requested banks to conduct enhanced due diligence (EDD) and/or block approximately 36,191 accounts suspected of being involved in online ...