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๐Ÿ‡ฎ๐Ÿ‡ฉ Indonesia /Elections & Politics

MSCI Pertahankan Status Bursa RI, OJK Lanjutkan Reformasi Pasar Modal

From Republika · () Indonesian

Summarized and contextualized by DistantNews.

At a glance

News Official statement New plan
  • Indonesia's financial authorities (OJK) are committed to continuing capital market reforms in response to MSCI's review.
  • MSCI acknowledges Indonesia's reform initiatives, using increasingly transparent data in its assessments.
  • OJK aims to enhance transparency, governance, and market integrity to support long-term capital formation and economic growth.

Indonesia's financial authorities are reinforcing their commitment to capital market reforms, aiming to bolster the nation's financial infrastructure in response to the MSCI 2026 Market Classification Review. The Otoritas Jasa Keuangan (OJK) views MSCI's acknowledgment of Indonesia's reform efforts, particularly the use of more transparent data, as a significant recognition of progress.

Hasan Fawzi, Head of Capital Market, Financial Derivative, and Carbon Exchange Supervision at OJK, stated that the recognition strengthens the credibility and investability of the domestic capital market. He emphasized that OJK will consistently implement and strengthen its reform programs, actively engaging with global index providers and investors to ensure a comprehensive understanding of these initiatives.

OJK plans to maintain constructive communication with global investors, including those facilitated by the World Bank, IFC, and ASIFMA. This engagement aims to provide updates on the progress of implemented reforms and to gather feedback for further improvements. Fawzi highlighted that MSCI's acknowledgment serves as a crucial foundation for the Indonesian capital market to achieve strong and sustainable growth.

The reforms focus on enhancing transparency, governance, and market integrity. By strengthening these aspects, Indonesia aims to position its capital market as a reliable hub for long-term capital formation and investment, thereby supporting national economic growth and financial system stability. MSCI's review recognized the transparency reforms announced by OJK, the Indonesia Stock Exchange (IDX), and the Indonesian Central Securities Depository (KSEI).

DistantNews Editorial

Originally published by Republika. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.