{
    "success": true,
    "data": {
        "id": 1812069,
        "msgid": "indonesia-stock-exchange-responds-to-msci-accessibility-review-1781859485",
        "date": "2026-06-19 14:44:30",
        "title": "Indonesia Stock Exchange Responds to MSCI Accessibility Review",
        "author": "",
        "source": "TEMPO_ID_BISNIS",
        "tags": "",
        "topic": "Finance",
        "summary": "The Indonesia Stock Exchange (BEI) has acknowledged the results of MSCI's 2026 Global Market Accessibility Review, which highlighted ongoing concerns about information flow transparency and foreign exchange liberalisation. While the review retained many positive aspects for Indonesia, it downgraded the country's score on operational efficiency due to information flow issues and maintained a negative assessment on FX market liberalisation. BEI's acting president director stated that areas needing improvement are already part of ongoing reform processes.",
        "content": "<p>The Indonesia Stock Exchange (BEI) has responded to the results of\nthe market accessibility review released by Morgan Stanley Capital\nInternational (MSCI). BEI Acting President Director Jeffrey Hendrik said\nthat overall, the MSCI review yielded good results. According to\nJeffrey, many positive aspects were retained in MSCI\u2019s assessment for\nthe Indonesian market. \u201cAs for factors that need improvement, these are\nalready part of the ongoing reform process,\u201d he said when contacted on\nFriday, June 19, 2026.<\/p>\n<p>In its Global Market Accessibility Review 2026, MSCI used five main\ncriteria to review market accessibility. These criteria are openness to\nforeign investors, ease of capital inflows and outflows, efficiency of\nthe operational framework, availability of investment instruments, and\nstability of the institutional framework. On the criterion of\noperational framework efficiency, MSCI downgraded Indonesia\u2019s score to\nnegative for the information flow aspect.<\/p>\n<p>Within the Emerging Market group, only Indonesia and Turkey\nexperienced a downgrade in their information flow scores. \u201cThe\nInformation Flow criterion has been downgraded for both markets,\nreflecting ongoing concerns regarding free float transparency and proper\nprice formation,\u201d MSCI wrote in the report released on Friday, June 19,\n2026.<\/p>\n<p>Additionally, MSCI maintained a negative score for Indonesia\u2019s\nforeign exchange market liberalisation, which is one aspect of the ease\nof capital inflows and outflows criterion. \u201cThere is no efficient\noffshore foreign exchange market and there are constraints on the\nonshore foreign exchange market (e.g., FX transactions must be linked to\nsecurities transactions),\u201d MSCI stated.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/indonesia-stock-exchange-responds-to-msci-accessibility-review-1781859485",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}