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View all search resultsThe Financial Services Authority (OJK) has reaffirmed its commitment to swift capital market reforms aimed at addressing transparency concerns around Indonesian stocks flagged by global index compiler MSCI.
he Financial Services Authority (OJK) has reaffirmed its commitment to swift capital market reforms aimed at addressing transparency concerns around Indonesian stocks flagged by global index compiler MSCI.
OJK official Hasan Fawzi briefed reporters at a press conference on Tuesday on the authority’s progress in implementing MSCI’s recommendations after multiple meetings with representatives of the global index provider.
Regarding MSCI’s proposals for greater transparency, Hasan vowed that stock market authorities would publish more detailed data on equity ownership by requiring the disclosure of shareholders owning 1 percent or more, down from the previous threshold of 5 percent.
“This has been confirmed to be published starting with data as of the end of February and will be implemented in March 2026,” he said.
Read also: Indonesia proposes 3 measures to meet MSCI's transparency demands
On the same day, Indonesia Stock Exchange (IDX) and the Indonesia Central Securities Depository (KSEI) announced that they had officially implemented the first proposal.
“Information on shareholdings of above 1 percent in listed companies will be provided by KSEI and published monthly through the IDX website. This information is part of the efforts to improve the quality of data disclosure,” reads a joint statement on Tuesday.
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