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The IDX Will Conduct Random Inspections of Issuer Shares, Threatening Directors to Face Strict Sanctions
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LOMBOK -- The Indonesia Stock Exchange (IDX) will announce to the public if it finds any indication of stock trading manipulation. This step is part of its oversight of the capital market to ensure investors are aware...
The IDX will conduct random inspections of public share ownership, preparing strict sanctions for issuers.
The IDX will conduct random audits of free float and issuer affiliation reports. Directors found to have submitted inaccurate data face strict sanctions.
The IDX is tightening its oversight of issuers' free float, an aspect highlighted by MSCI in its assessment of Indonesia's capital market status. Directors responsible for inaccurate reporting face sanctions.
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