Indonesia

Securities / Derivatives

US Securities Regulator Opens Inquiry into SPAC Listings

By Sanday Chongo Kabange | 29/03/2021

The SEC has reportedly written to banks seeking information on how underwriters are managing the risks involved.

Securities / Derivatives

Indonesia Stock Exchange Considers Allowing SPAC Listings

By Editors | 08/03/2021

IDX’s decision has reportedly prompted concerns about governance, investor protection and inflated valuations for early-stage companies.

Securities / Derivatives

Hong Kong MPFA Adds SSE, SZSE, IDX to Approved List

By Editors | 16/11/2020

The move provides MPF fund managers greater flexibility, allowing them to diversify investment risks and channel more assets into A shares.

Securities / Derivatives

Indonesia Launches Electronic Trading in Bond, Sukuk Markets

By Editors | 15/11/2020

The platform was designed by London software firm AxeTrading to accommodate Indonesia’s bond and sukuk markets, and boost liquidity and efficiency.

Capital / Liquidity

Indonesia Gives Deposit Insurer Powers to Prevent Bank Failures

By Editors | 19/07/2020

The Indonesia Deposit Insurance Corporation can now raise its own funding and provide temporary liquidity support to banks outside of resolution.

Enforcement

Indonesia’s Planned Bank Regulation Reshuffle Will Take Time

By Duruthu E Chandrasekera | 08/07/2020

President Joko Widodo’s plan to return bank oversight functions to Bank Indonesia is unlikely to be an immediate fix for the ongoing Covid-19 related challenges.

Securities / Derivatives

Bank Indonesia Cuts Rates, Pledges More Bond-Buying

By Editors | 22/06/2020

Bank Indonesia abandoned the practice of quantitative easing in 1999 to ensure fiscal discipline in the aftermath of the Asian financial crisis.

Capital / Liquidity

Bank Indonesia Cuts RRR, Prepares to Buy Govt Bonds

By Editors | 18/04/2020

The measures include a 200bp RRR cut for banks and a 50bp cut for Islamic banks. The central bank may also start buying government bonds in the primary market in two weeks.

Market Infrastructure

Indonesia Has Adopted Measures to Implement PFMI: CPMI-IOSCO

By Editors | 09/04/2020

Since the 2019 update, Indonesia and Saudi Arabia have finished adopting measures that will enable them to implement the PFMIs for all financial market infrastructure types.