OJK and the Coordinating Ministry for Economic Affairs Form a Capital Market Integrity Reform Task Force

JAKARTA - The Financial Services Authority (OJK) together with the Coordinating Ministry for Economic Affairs plans to form a Capital Market Integrity Reform Task Force (Satgas).

The Acting Chairman of the OJK Commission Board, Friderica Widyasari Dewi, said that the dynamics of the capital market cannot be interpreted as high growth alone.

According to him, this growth needs to be accompanied by an increase in quality through various improvement steps.

He emphasized the commitment of the OJK together with the Self-Regulatory Organization (SRO), industry players, and all stakeholders to encourage reforms in the integrity of the Indonesian capital market.

"What we support has been discussed with the Coordinating Minister (Economy), we will soon form the Capital Market Integrity Reform Sagas. Please support from all of you. For this reason, we have announced 8 action plans to accelerate capital market integrity reform," he said in the 2026 Financial Services Industry Annual Meeting, Thursday, February 5.

The eight action plans include policies to increase the free float from 7.5 percent to 15 percent, disclosure of ultimate beneficial owner (UBO), expansion of openness of investor types and share ownership from previously above 5 percent to above 1 percent.

Next, demutualization of the stock exchange, enforcement of regulations and sanctions, strengthening corporate governance, deepening the market in an integrated manner, and increasing synergy and collaboration with all stakeholders and financial service providers.