Ada Pertanyaan? Hubungi Kami 
Ada Pertanyaan? Hubungi Kami Fathan Qorib, Andin Aditya Rahman
Though the Financial Services Authority (OJK) has not put a full throttle to their supervisory function to the Indonesian capital markets, however policies to improve the market and it liquidity is already under the pipeline.
Nurhaida, OJK commissioner, explained that her agency plans to carry out five different steps to improve the market’s liquidity.
First by increasing the number of issuers, where to this end, OJK has established various programs, including simplifying the procedure for public offerings by developing an e-registration system, which will enable statements to be registered electronically.
Additionally, attract private companies to go public. This is done by bridging cooperation with business associations, as such, the Indonesian Chamber of Commerce and Industry (Kadin). This program is expected to be completed by this year, and have made several intensive business gatherings with prospective issuers in several cities such as Jakarta, Surabaya, Semarang and Medan.
Developing Indonesia’s investor base would be the second step. Currently, OJK is drafting a regulation to provide additional protection to investors.
Programs for retail investors development, including familiarization to the public regarding Sharia bond (Sukuk) would not be the only thing introduced by OJK, the agency also plans to regulate electronic transactions on securities and mutual funds. It is expected that these programs will be backed with OJK’s circular letters.
“The circular letter is set to be issued on the second semester by this year,” Nurhaida said on Wednesday.
The third step will involve improving the market infrastructure. According to Nurhaida, there are two main programs for this matter, the single code identification system, and forming a data/information center.
“We are currently drafting the code structure for the single investor identification system and synchronizing data on mutual fund investors from custodian banks, APRDI (Asosiasi Pengelola Reksa Dana Indonesia), and investment managers,” explained Nurhaida.
The fourth step would be to improve the products being sold at the market. Currently there are four programs being executed by OJK, namely: revitalizing trade of derivative products, maximize the use of bond index, develop a regulative framework for Sharia bonds (Sukuk), and develop the investment management products.
The last step would be to improve trade platform for Islamic bonds (sukuk) and other bonds. A program to realize the last step is to establish an electronic trading platform, as to make the oversight trade of these products efficient.
(hot/ds)
Fathan Qorib, Andin Aditya Rahman
Though the Financial Services Authority (OJK) has not put a full throttle to their supervisory function to the Indonesian capital markets, however policies to improve the market and it liquidity is already under the pipeline.
Nurhaida, OJK commissioner, explained that her agency plans to carry out five different steps to improve the market’s liquidity.
First by increasing the number of issuers, where to this end, OJK has established various programs, including simplifying the procedure for public offerings by developing an e-registration system, which will enable statements to be registered electronically.
Additionally, attract private companies to go public. This is done by bridging cooperation with business associations, as such, the Indonesian Chamber of Commerce and Industry (Kadin). This program is expected to be completed by this year, and have made several intensive business gatherings with prospective issuers in several cities such as Jakarta, Surabaya, Semarang and Medan.
Developing Indonesia’s investor base would be the second step. Currently, OJK is drafting a regulation to provide additional protection to investors.
Programs for retail investors development, including familiarization to the public regarding Sharia bond (Sukuk) would not be the only thing introduced by OJK, the agency also plans to regulate electronic transactions on securities and mutual funds. It is expected that these programs will be backed with OJK’s circular letters.
“The circular letter is set to be issued on the second semester by this year,” Nurhaida said on Wednesday.
The third step will involve improving the market infrastructure. According to Nurhaida, there are two main programs for this matter, the single code identification system, and forming a data/information center.
“We are currently drafting the code structure for the single investor identification system and synchronizing data on mutual fund investors from custodian banks, APRDI (Asosiasi Pengelola Reksa Dana Indonesia), and investment managers,” explained Nurhaida.
The fourth step would be to improve the products being sold at the market. Currently there are four programs being executed by OJK, namely: revitalizing trade of derivative products, maximize the use of bond index, develop a regulative framework for Sharia bonds (Sukuk), and develop the investment management products.
The last step would be to improve trade platform for Islamic bonds (sukuk) and other bonds. A program to realize the last step is to establish an electronic trading platform, as to make the oversight trade of these products efficient.
(hot/ds)