Capital Market Supervisory Agency - Draft Amendments and Draft Rules

The Indonesian Capital Market Supervisory Agency (Bapepam) has issued 4 Draft Regulations - 1 Amendment and 3 new Rules for public comment. It is expected that the public, primarily those individuals and organizations with an interest in capital market issues, will provide input.

The extent and type of this input remains unknown as does Bapepam's commitment to incorporate any public input. Nevertheless, this type of public consultation is a positive move as it allows stakeholders to have a greater influence on how they are regulated.

The 4 drafts deal with the following matters:

1.     Draft Amendment to Rule No. V.B.2 on Licensing of Deputy Selling Agents of Mutual Funds