Business · Markets · 13 hrs ago

Indonesia’s OJK to step up enforcement against coordinated trading

Indonesia’s OJK to step up enforcement against coordinated trading

Indonesia’s financial regulator will continue capital market reforms, OJK chief Friderica Widyasari Dewi said after a meeting with President Prabowo Subianto in Jakarta.

Prabowo’s key message was to enforce rules against coordinated trading and other market violations.

OJK also plans to improve transparency and liquidity in the market.

The regulator hopes stronger enforcement will deter violations and build market credibility and integrity.

It aims to make Indonesia’s stock market a better place for domestic and foreign investors.

OJK says it will keep enforcing the rules as it works toward that goal.

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What people are saying

Friderica Widyasari DewiOJK chief
The most important special message was how we continue to enforce the rules against those who have committed violations related to coordinated trading and other matters.
via CNBC Indonesia
We will continue the capital market reforms related to increasing transparency and liquidity.
via CNBC Indonesia
This is expected to create a deterrent effect so that in the future Indonesia’s capital market is more liquid, more transparent and a good place to invest for domestic and foreign investors.
via CNBC Indonesia