{ "success": true, "data": { "id": 1697144, "msgid": "idx-strengthens-compliance-of-listed-companies-through-continuous-monitoring-and-guidance-1776988323", "date": "2026-04-23 21:36:03", "title": "IDX Strengthens Compliance of Listed Companies through Continuous Monitoring and Guidance", "author": " ", "source": "GALERT", "tags": "", "topic": "Regulation", "summary": "The Indonesia Stock Exchange (IDX) has imposed 845 sanctions on 494 listed companies between January and March 2026 to ensure compliance with listing obligations, marking a significant increase in certain categories such as free float fulfilment and financial reporting errors. Alongside enforcement, IDX is proactively enhancing company quality via monthly socialisations, educational programmes, and workshops, including the recent issuance of Exchange Regulation No. I-A to bolster listing standards and competitiveness. This dual approach of monitoring, sanctioning, and capacity-building underscores IDX's commitment to fostering a credible, transparent, and globally competitive capital market in Indonesia, with monthly sanction data published for investor transparency.", "content": "

The Indonesia Stock Exchange (IDX) continues to affirm its commitment\nto maintaining the integrity and credibility of the Indonesian capital\nmarket through monitoring the compliance of listed companies with their\nobligations as listed entities. This effort is carried out consistently,\naccompanied by the application of sanctions in accordance with Exchange\nRegulation No.\u00a0I-H for any failure to meet those obligations, to support\nthe creation of orderly, fair, and efficient trading.<\/p>\n

Referring to sanction data for the period 1 January to 31 March 2026,\nIDX has imposed 845 sanctions on 494 listed companies.<\/p>\n

Based on sanction data as of 31 March 2026, IDX recorded an increase\nin the number of sanctions in several types of obligations. The most\nsignificant increase occurred in sanctions for obligations in the\n\u2018other\u2019 category, which includes obligations to meet free float\nrequirements, reports on readiness of funds for maturing bonds and\/or\nsukuk, exploration activity reports for mining companies, as well as\nerrors in presenting information in financial statements or other\ndisclosures, rising by up to 50% both in terms of the number of\nsanctions and the number of listed companies.<\/p>\n

This was followed by increases in sanctions for the submission and\nexecution of Public Expose and the submission of financial statements,\neach rising by 14% and 5% respectively in terms of the number of\nsanctions. Meanwhile, there were decreases in sanctions for the\nsubmission of Monthly Securities Registration Reports and Requests for\nExplanation, each dropping by 10% and 9%.<\/p>\n

From the perspective of the number of listed companies, there were\ndecreases in sanctions for the submission of financial statements and\nMonthly Securities Registration Reports, each falling by 29% and 10%\ncompared to 31 March 2025.<\/p>\n

IDX 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. This commitment aligns with the issuance of Exchange\nRegulation No.\u00a0I-A on 31 March 2026 as a strategic step to strengthen\nlisting standards and enhance the quality and competitiveness of listed\ncompanies in the Indonesian capital market. Up to April 2026, IDX has\nconducted several guidance activities, including:<\/p>\n

    \n

  1. Monthly socialisations on Capital Market Regulations, the Use of\nthe Electronic Reporting System SPE-IDXNet, and the Submission of\nXBRL-Based Financial Statements;<\/p><\/li>\n

  2. Providing education to listed companies, both newly listed and\nthose that have not yet met free float obligations;<\/p><\/li>\n

  3. Organising Compliance Refreshment socialisations for listed\ncompanies with compliance levels that still need improvement;<\/p><\/li>\n

  4. Facilitating listed companies with various one-on-one meetings,\nseminars, and workshops to enhance company capacity, as well as roadshow\nactivities to increase exposure of listed companies and expand their\ninvestor base.<\/p><\/li>\n<\/ol>\n

    IDX periodically publishes updated data and information on imposed\nsanctions every month through the IDX website at\nwww.idx.co.id\/id\/perusahaan-tercatat\/sanksi. This publication is\nexpected to provide transparency for investors while serving as a\nreference in investment decision-making, and to encourage improvements\nin the quality of listed companies through active investor\ninvolvement.<\/p>\n

    As an ongoing step, IDX will continue to strengthen the compliance of\nlisted companies through active and consistent guidance, monitoring of\nobligation fulfilment, and the imposition of sanctions for every\nviolation of obligation fulfilment. This effort is part of IDX\u2019s\ncommitment to supporting a credible, transparent, and globally\ncompetitive Indonesian capital market.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/idx-strengthens-compliance-of-listed-companies-through-continuous-monitoring-and-guidance-1776988323", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }