Indonesia's Stock Transparency Issued by MSCI, the Financial Services Authority (OJK) Claims Reforms Have Been Underway Since the Beginning of the Year
7 Articles
7 Articles
OJK has implemented provisions on High Shareholding Concentration (HSC) or high concentration of share ownership.
OJK accelerates law enforcement against 31 HSC shares. The results of the inspection will be published after completion.
https://www.law-justice.co/detail.php?ID=212250The Financial Services Authority (OJK) denied the notion that improvements and reforms to the Indonesian capital market only began after pressure from global index provider Morgan Stanley Capital International (MSCI).
The Financial Services Authority (OJK) is strengthening oversight of stock transactions through smart surveillance and expediting investigations into suspected violations before announcing the results.
The Financial Services Authority has identified 31 issuers listed on the list of concentrated stocks suspected of committing criminal acts in the capital market.
Responding to global and domestic investor concerns, the Financial Services Authority (OJK) and the Indonesian Stock Exchange (BEI) are accelerating capital market integrity reforms by disclosing data on share ownership structures and tracking down the ultimate beneficial owners.
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