Business · Companies · 1 hr ago
Indonesia's OJK says market fines reached a record 2.5 trillion rupiah
Indonesia's financial regulator, OJK, says it fined more than 971 parties in 2026.
The fines total about 2.5 trillion rupiah, a record for the country's capital market.
On October 16, OJK announced about 2.1 trillion rupiah in administrative fines in cases involving trading in shares of DSSA, BREN and CUAN.
OJK says it completed 41 case examinations and is handling 122 more as part of its ongoing enforcement work.
It says the action was not a quick response to developments involving MSCI, but came from investigations already under way.
The enforcement push is part of efforts to protect market integrity and investor confidence.
OJK says it will continue taking firm action against violations to deter misconduct.
Indonesia’s Financial Services Authority (OJK) said it had imposed fines totaling about 2.5 trillion rupiah in 2026, a record for the country’s capital market.
The fines and other sanctions affected more than 971 parties, OJK said.
OJK said it announced about 2.1 trillion rupiah in administrative fines on October 16 in cases involving shares of DSSA, BREN and CUAN.
The authority said it had completed 41 case examinations this year and was handling 122 others.
OJK said its enforcement work was part of ongoing oversight, not a short-term response to developments involving MSCI.
- Who
- Indonesia’s Financial Services Authority (OJK), including its chair Friderica Widyasari and capital-market supervisor Hasan Fawzi.
- What
- OJK said it had imposed record fines totaling about 2.5 trillion rupiah on more than 971 parties in 2026.
- When
- The statement was made on October 21, 2026. OJK said the sanctions covered 2026.
- Where
- Indonesia.
- Why
- OJK said enforcement is intended to strengthen market integrity, deter violations and maintain investor confidence.
This story does not have two clearly opposing sides.
OJK said it imposed sanctions on more than 971 parties, completed 41 case examinations and continued handling 122 other cases.
OJK announced about 2.1 trillion rupiah in administrative fines in cases involving DSSA, BREN and CUAN shares.
Friderica Widyasari and Hasan Fawzi discussed the fines and enforcement at the State Palace.
- Total fines
- About 2.5 trillion rupiah
- Parties sanctioned
- More than 971
- Completed case examinations
- 41
- Cases still being handled
- 122
- Fines announced October 16
- About 2.1 trillion rupiah in cases involving DSSA, BREN and CUAN shares
What people are saying
Last Friday we announced the biggest fine in the history of the capital market.
Law enforcement is a fundamental part of efforts to maintain the integrity of the capital market.
This is not a momentary response to developments involving MSCI, but the result of a supervisory process that has been underway in accordance with the rules.
OJK will continue to take firm action against violations to provide a deterrent effect and maintain investor confidence.