{
    "success": true,
    "data": {
        "id": 1698585,
        "msgid": "idx-imposes-845-sanctions-on-494-listed-companies-free-float-compliance-in-the-spotlight-1777031504",
        "date": "2026-04-24 15:50:14",
        "title": "IDX Imposes 845 Sanctions on 494 Listed Companies, Free Float Compliance in the Spotlight",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Regulation",
        "summary": "The Indonesia Stock Exchange (IDX) has issued 845 sanctions against 494 listed companies from the start of the year to 31 March 2026, aiming to uphold market integrity through rigorous compliance oversight and ongoing guidance. While some sanction categories saw declines, significant increases were noted in public exposure sanctions and a 50% surge in miscellaneous categories, particularly concerning free float fulfilment, bond\/sukuk maturity preparations, mining exploration reports, and financial disclosure errors. This enforcement aligns with the recent issuance of IDX Regulation No. I-A on 31 March 2026 to enhance listing standards and boost the competitiveness of Indonesian listed firms.",
        "content": "<p>Jakarta, CNBC Indonesia \u2014 PT Bursa Efek Indonesia (IDX) recorded that\nfrom the beginning of the year until 31 March 2026, it imposed 845\nsanctions on 494 listed companies. This measure was taken to maintain\nthe integrity and credibility of the capital market through strict\nsupervision of listed companies\u2019 compliance, accompanied by continuous\nguidance.<\/p>\n<p>In detail, in the category of requests for clarification, the number\nof sanctions recorded was 188 cases as of 31 March 2026, down 9% from\nthe same period last year which reached 207 cases. However, the number\nof listed companies sanctioned remained at 105 companies. This figure is\nunchanged from last year.<\/p>\n<p>Then, for the obligation to pay the Annual Listing Fee, the number of\nsanctions decreased from 137 companies to 130 companies, or a 5%\nreduction. However, the number of companies sanctioned actually\nincreased from 77 companies to 82 companies, or up 6%.<\/p>\n<p>For the monthly securities registration report obligation, the number\nof sanctions decreased from 142 companies to 128 companies, or down 10%.\nThe number of listed companies sanctioned also declined from 69 to 62\ncompanies, or a 10% reduction.<\/p>\n<p>In contrast to the previous categories, sanctions related to public\nexposure increased significantly. The number of sanctions rose from 111\ncompanies to 127 companies, or a 14% jump, while the number of affected\ncompanies increased from 65 to 70 companies, or up 8%.<\/p>\n<p>Meanwhile, for financial report obligations, the number of sanctions\nincreased from 93 companies to 98 companies, or up 5%. However, the\nnumber of listed companies sanctioned dropped sharply from 70 to 50\ncompanies, or a 29% decline.<\/p>\n<p>The highest surge occurred in the miscellaneous category, where the\nnumber of sanctions increased dramatically from 116 companies to 174\ncompanies, or a 50% jump. In line with that, the number of listed\ncompanies sanctioned also rose from 76 to 115 companies, or an increase\nof 51%.<\/p>\n<p>The most significant increase occurred in sanctions for obligations\nin the miscellaneous category, which includes free float compliance\nobligations, reports on bond and\/or sukuk maturity fund readiness,\nexploration activity reports for mining companies, as well as errors in\npresenting information in financial reports or other disclosures, which\nrose by up to 50% both in terms of the number of sanctions and the\nnumber of listed companies.<\/p>\n<p>\u201cIDX not only focuses on strengthening compliance through the\nimposition of sanctions but also proactively encourages improvements in\nthe quality of listed companies through various ongoing guidance\ninitiatives,\u201d IDX management stated on Friday (24\/4\/2026).<\/p>\n<p>This commitment aligns with the issuance of Exchange Regulation\nNo.\u00a0I-A on 31 March 2026 as a strategic step to strengthen listing\nstandards and improve the quality and competitiveness of listed\ncompanies in the Indonesian capital market.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/idx-imposes-845-sanctions-on-494-listed-companies-free-float-compliance-in-the-spotlight-1777031504",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}