BEI Introduces Non-Cancellation Periods for Special Monitoring Board Trading Ahead of PSPP Implementation

PT Bursa Efek Indonesia (“BEI”) has issued Regulation No. II-X – Decree of the Board of Directors of BEI No. Kep-00140/BEI/09-2026 on Equity Securities Trading on the Special Monitoring Board (“Decree 140/2026”), which replaces and repeals Regulation No. II-X – Decree of the Board of Directors of BEI No. Kep-00316/BEI/11-2023, which bore the same title as Decree 140/2026 (“Decree 316/2023”).[1] Decree 140/2026 introduces Non-Cancellation Periods into the trading sessions for securities on the Special Monitoring Board, following BEI’s monitoring and evaluation of the mechanism and its positive impact on the quality of the price-formation process.[2]