Business · Markets · 14 hrs ago
Indonesia’s OJK Lists Fines in Stock Trading Cases
Indonesia’s Financial Services Authority listed fines imposed in 2026 in stock trading cases.
The cases involve companies listed on the Indonesian stock market, including MD Pictures, Kioson Komersial Indonesia and Hotel Sahid Jaya International.
Two people were fined Rp5 billion in the MD Pictures case, while four people received fines in a Kioson case covering January 2021 to April 2022.
The authority also fined people and a company over trading in Impack Pratama Industri shares, and one person over Hotel Sahid Jaya shares.
One person received a Rp5.35 billion fine across three companies, including MD Pictures.
The penalties are part of OJK’s market oversight and enforcement, which it says supports investor protection and public confidence.
OJK says it will continue to strengthen transparent and accountable enforcement.
Indonesia’s Financial Services Authority (OJK) published a list of capital-market sanctions imposed during 2026.
The list includes fines in stock-trading cases involving FILM, KIOS, AYLS, BSML, IMPC and SHID.
OJK said enforcement is an important part of its oversight and accountability.
The authority said it would continue to strengthen transparent, consistent and accountable oversight and enforcement.
- Who
- Indonesia’s Financial Services Authority (OJK) issued the sanctions.
- What
- OJK published fines and other sanctions in stock-trading cases.
- When
- The list covers sanctions imposed during 2026. It was reported on October 31, 2026.
- Where
- Indonesia’s capital market.
- Why
- OJK said enforcement is important for oversight and accountability, investor protection and confidence in the capital market.
This story does not have two clearly opposing sides.
The IMPC stock-trading case covered this period.
The KIOS stock-trading case covered this period.
OJK published its list of capital-market sanctions imposed during the year.
- FILM
- Eunice M. Satyono and Chrystal Angella Soegandhi were listed in a case with a Rp5 billion fine.
- KIOS
- Roby Tan, Trisno Wibowo and Jordy Liman were each fined Rp1.4 billion; Tan Heng Lok was fined Rp1.7 billion.
- AYLS, FILM and BSML
- Belvin Tannadi was fined Rp5.35 billion in a case involving the three issuers.
- IMPC
- PT Dana Mitra Kencana was fined Rp2.1 billion; Melani and Upita Amalia were each fined Rp1.8 billion.
- SHID
- Ferry Sudjono was fined Rp2.35 billion.
What people are saying
OJK will continue to strengthen oversight and law enforcement transparently, consistently and accountably to encourage integrity in the market, protect investors, and strengthen public confidence in Indonesia’s capital market.