Tuesday February 3 2026

News Source: Global Exchanges

Focus: General - Global Exchanges

Type: General

Country: Indonesia

Link: https://tinyurl.com/2kkh9tt2




On 2nd February 2026, the Financial Services Authority (OJK) together with the Self-Regulatory Organizations—including the Indonesia Stock Exchange (IDX), the Indonesian Clearing and Guarantee Corporation (KPEI), and the Indonesian Central Securities Depository (KSEI)—reaffirmed its commitment to undertaking bold and ambitious reforms in Indonesia’s capital market, in line with best practices and in response to the expectations of Global Index Providers.

The eight action plans are grouped into four clusters. The first cluster covers the new free float policy, the second focuses on transparency, the third addresses governance and enforcement, and the fourth emphasizes synergy.

  • The first action plan is to increase the minimum free float requirement for listed companies to 15 percent, up from the current threshold of 7.5 percent, to be implemented gradually in stages.
  • The second category focuses on transparency, particularly transparency regarding ultimate beneficial ownership (UBO).
  • The third category concerns the strengthening of share ownership data.
  • The fourth action plan is the demutualization of the Indonesia Stock Exchange, as mandated by law, to strengthen governance and reduce conflicts of interest.
  • The fifth action plan involves the enforcement of regulations and sanctions.
  • The sixth action plan focuses on strengthening issuer governance, among others through mandatory continuing education for members of the boards of directors, boards of commissioners, and audit committees, as well as mandatory certification requirements for preparers of issuers’ financial statements.
  • the seventh action plan is integrated market deepening through OJK’s collaboration with the Ministry of Finance, Bank Indonesia, and other stakeholders, to reinforce the role of the capital market as a source of long-term financing.
  • The eighth action plan is the strengthening of collaboration and synergy with all stakeholders, including the Government, Self-Regulatory Organizations, and industry participants, to ensure the continued and sustainable implementation of capital market reforms.

Click on the above link for further information