On Monday (9/2), The Indonesia Stock Exchange (IDX), together with the Financial Services Authority (OJK) and the Indonesia Central Securities Depository (KSEI), held a press conference regarding the latest developments in the Indonesian capital market. During the event, IDX and OJK emphasized that capital market integrity reforms are being accelerated through comprehensive, measurable, and sustainable measures. The primary focus is directed toward eight strategic action plans, including increasing ownership transparency for holdings above 1%, providing more granular investor data classification into 28 sub-categories, and gradually adjusting the minimum free float threshold to 15%. These steps are taken to respond to feedback from global index providers such as MSCI, while ensuring that the Indonesian capital market remains credible and competitive on the international stage.
These reform efforts are also supported by the strengthening of technological infrastructure through the IDXNet system for Ultimate Beneficial Ownership (UBO) transparency and more rigorous market supervision. Jeffrey Hendrik, Acting President Director of IDX, explained that intensive coordination with stakeholders is being conducted to maintain investor confidence amidst global market volatility. As of early February 2026, investment interest has remained solid, evidenced by net foreign buy positions and consistent growth in the number of investors. Through synergy between SROs and regulators, these reforms are expected to not only increase liquidity and transparency but also strengthen investor protection and encourage better corporate governance among listed companies for stable national economic growth.
