Indonesia

Trading & Investment

Indonesia Set to Lift Pandemic Restrictions on Stock Market

By Editors | 04/03/2023

From April, OJK will allow short-selling to resume for some stocks, bring back pre-pandemic auto-rejection rules, and adjust trading hours.

Trading & Investment

IDX Seeks to Secure Dual-Listing Arrangement with HKEX

By Editors | 01/03/2023

IDX is seeking a mechanism to allow Indonesian start-ups, state-owned enterprises, and index ETFs to list in Hong Kong.

Market Data & Technology

BI Starts Publishing Compounded IndONIA and IndONIA Index

By Editors | 06/02/2023

The publication of Compounded IndONIA and IndONIA Index is aimed at encouraging greater use of IndONIA in financial products.

Structural Regulation

Indonesia OJK Launches Five Year Capital Market Roadmap

By Editors | 06/02/2023

The roadmap has five pillars, each comprising several action plans. Separate rules will be established for digital assets with the characteristics of securities.

CBDCs

Bank Indonesia Consults on Wholesale CBDC Development

By Editors | 31/01/2023

The consultation paper covers access, issuance, redemption, funds transfer, technical aspects and implications for the financial system.

Market Abuse

Indonesian Court Imposes $370m Fine for Stock Manipulation

By Editors | 16/01/2023

The fine is one of the largest ever in an Indonesian corruption case. Prosecutors reportedly plan to appeal the ruling to seek the death penalty.

Cryptocurrency

Indonesian Regulator Bappebti Seeks to Launch Crypto Exchange

By Editors | 09/01/2023

Bappebti is seeking to establish a new crypto exchange for Indonesian users before its regulatory powers over the sector are transferred to the OJK.

Cryptocurrency

Indonesian Lawmakers Pass Major Financial Sector Reforms

By Editors | 20/12/2022

The legislation changes the central bank’s mandate, shifts crypto sector oversight to OJK, makes a digital rupiah legal tender, and introduces a carbon trading framework.

CBDCs

Bank Indonesia Outlines Plans to Commence CBDC Testing

By Editors | 05/12/2022

The first two phases will focus on experimentation with a wholesale CBDC. The third and final stage will involve end-to-end integration with a retail CBDC.