RELEASE LIQUIDITY / VESTRO

Pending

Financial Release Operations

Presidential Action Required

2 Items

Sign coordination letter to OJK for expedited regulatory reviewImmediate

OJK submission deadline is March 28 — presidential letter needed to fast-track the review process

Approve Vestro fintech partnership frameworkThis Week

Legal team needs presidential sign-off before platform agreements can be executed

Purpose

To unlock frozen institutional capital through a regulated fintech platform that provides liquidity release mechanisms for state-owned enterprises and cooperatives.

Start Date

Jan 20, 2026

Expected Completion

Nov 30, 2026

Progress

15%

Phase

Phase 1

Delay Reason

Pending OJK regulatory approval

Description

Vestro is a financial technology platform designed to enable liquidity release for frozen assets held by state enterprises and cooperative bodies. The platform requires OJK (Financial Services Authority) regulatory approval before launch. Technical architecture is complete — built on secure, encrypted infrastructure with multi-party custody. Currently blocked on regulatory filing; the compliance team has prepared the submission package and is awaiting final review sign-off from the legal department. The specific bottleneck is the OJK's new digital asset framework published in January 2026, which requires additional documentation on consumer protection mechanisms.

Phase Timeline

✅Weeks 1–4: Architecture & Design

Platform architecture and tech stack finalization

Completed

✓Technical architecture document

✓Security framework design

✓Multi-party custody model

🔶Weeks 5–10: Regulatory Preparation

OJK submission and compliance documentation

In Progress

✓Compliance documentation prepared

✓Consumer protection mechanisms documented

○OJK submission package filed

○Legal department sign-off

Weeks 11–20: Regulatory Review

OJK review period and response handling

Upcoming

Weeks 21–30: Platform Development

Full platform build and testing

Upcoming

Weeks 31–40: Launch

Production deployment and partner onboarding

Upcoming

Action Items

Submit OJK regulatory package

Regulatory Affairs·Overdue: Mar 28

Critical

Complete compliance documentation

Regulatory Affairs·Due: Apr 1

High

Prepare investor presentation deck

Finance Lead·Due: Apr 18

Medium

Progress Over Time

Not enough data for chart

Recent UpdatesView All →

Mar 27, 09:00Strategy Team

Status changed to Pending — awaiting regulatory clearance. Technical readiness confirmed.

DARK → AWAITING ORDERS10% → 15%

Mar 25, 13:00Regulatory Affairs

OJK regulatory submission package prepared. Awaiting final compliance review before filing.