The Financial Services Authority (Otoritas Jasa Keuangan – “OJK) previously issued Regulation No. 8/POJK.04/2021 on Structured Warrants (“Regulation 8/2021”), which introduces the structured warrant (waran terstruktur) as the newest type of investment product offered by PT Bursa Efek Indonesia (“BEI”). [1] Now, in order to fully implement the structured warrant as an alternative product that is available through the Indonesian Stock Exchange (“Exchange”), BEI has issued Circular No. SE-0002/DIR-EKS/KSEI/0622 on Mechanisms for the Registration, Storage and Settlement of Structured Warrants Through KSEI (“Circular 2/2022”).[2]
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