OJK–IDX’s Strategic Moves to Secure ‘MSCI Approval’
OJK and IDX are implementing reforms to enhance transparency and meet MSCI standards, including new shareholder disclosure rules and a 15% free float requirement by 2026.
(Bisnis.Com) 01/01/70 07:00 143787
Bisnis.com, JAKARTA — The Financial Services Authority (OJK) and Indonesia Stock Exchange (IDX) are stepping up capital market reforms in a bid to preserve Indonesia’s credibility in the eyes of Morgan Stanley Capital International (MSCI).
Previously, OJK, IDX, and Indonesia Central Securities Depository (KSEI) submitted four proposals to MSCI and other global index providers to address structural weaknesses in the domestic market.
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