Prabowo Summons the Head of the Financial Services Authority (OJK) and the Governor of Bank Indonesia (BI) to the Palace to Discuss MSCI?
9 Articles
9 Articles
Lukman Leong assessed that the OJK's steps demonstrate the regulator's efforts to address issues of concern to investors.
OJK confirmed continued capital market reforms during a meeting with Prabowo.
The OJK reported capital market reforms to Prabowo, including strengthening integrity, transparency, and enforcement of regulations, including the MSCI issue.
The Chairperson of the OJK Board of Commissioners, Friderica Widyasari, admitted to receiving a special message from President Prabowo Subianto regarding coordinated trading. (Photo: State Secretariat Doc.)
The Financial Services Authority (OJK) has not yet confirmed the impact of MSCI's proposal on insurance investments. According to AAJI data, the life insurance portfolio reached Rp564.42 trillion.
Jakarta: Information transparency and capital market governance are becoming a concern, along with regulatory enforcement and the evaluation of Indonesia's market classification by global index provider MSCI. The Financial Services Authority (OJK) has imposed administrative sanctions on several parties related to trading activities and share allocation processes. This action is part of the regulator's oversight of capital market activities. In u…
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