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UK Regulator Cracks Down on Indonesian Financial Firms

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The UK regulator has taken enforcement action against certain companies for non-compliance with regulations. PT Bumi Santosa Cemerlang, which operates the Pluang financial application, is mentioned among those affected. The company offers micro-investment products and facilitates transactions in various asset classes.

US Stocks, ETFs, and Options are facilitated by PT PG Berjangka as a Derivatives Broker, licensed and supervised by the Financial Services Authority of Indonesia (OJK) for financial derivative products with underlying securities. Indonesian Stocks are licensed and supervised by the OJK, while Crypto Assets and Digital Financial Asset Derivatives (Crypto Futures) are facilitated by PT Bumi Santosa Cemerlang.

The company is also involved in Mutual Funds and Gold transactions. Trading Rules apply to each asset class, and all investments carry risks. The Plaza Office Tower in Jakarta serves as the address for these operations.

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