Antara News·Indonesia·Thursday, November 12, 2026 at 11:49 AM UTC

Indonesia seeks faster capital market reforms to protect investors

Translate

Shofi, Kenzu

Jakarta (ANTARA) - The government has called for accelerated capital market reform, especially in rule enforcement and stronger oversight, to improve market quality and maintain investor confidence.

Deputy Coordinating Minister for Economic Affairs Dradjad Hari Wibowo said the government urges the Financial Services Authority (OJK) and the Indonesia Stock Exchange (IDX) to speed up rule enforcement, including action against capital market violations.

“We hope, and we have agreed, that it will be sped up. We use benchmarks from other countries, where some take one week and some three weeks. We hope that when there are such decisions, they can be followed up quickly,” Wibowo said here on Thursday.

He said the matter was one of the topics at a consultative meeting involving IDX, the Indonesia Clearing and Guarantee Corporation (KPEI), the Indonesian Central Securities Depository (KSEI), capital market associations, and OJK.

He assessed that reforms already underway, including on transparency, liquidity, and oversight, show progress. However, follow-up on supervisory decisions needs to be sped up so enforcement is more effective, he stated.

In addition, the government encouraged higher value for listed companies through better governance and efficient capital use.

The government also asked for input on real economy policies, such as taxation, import duties, and green energy development, that can support higher issuer valuations.

Wibowo also highlighted the importance of financial market education for the public. According to him, about 15 percent of the productive-age population has participated in the capital and financial markets.

He said capital market reform is important because the market is not only a financing channel for issuers but also a place for people to invest. Therefore, market movements also affect the assets of people who have invested.

“So, the state will do its utmost to keep the value of their assets on the exchange protected,” he stated.

Meanwhile, IDX President Director Jeffrey Hendrik said capital market reform will continue to improve overall market quality, not only to meet the needs of global index providers.

According to him, market deepening needs to be done by widening participation of domestic and foreign institutional investors, and by improving the quality of investment instruments and the number of shares available for trading.

View the original on Antara News →

KioskNews shows a cleaned-up reading view extracted from the publisher’s page — the original always lives on their site, not ours.