{
    "success": true,
    "data": {
        "id": 1920101,
        "msgid": "ojk-assures-oversight-unchanged-amid-stock-exchange-demutualisation-1786711928",
        "date": "2026-08-14 19:15:10",
        "title": "OJK Assures Oversight Unchanged Amid Stock Exchange Demutualisation",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Finance",
        "summary": "Indonesia's Financial Services Authority (OJK) has affirmed that the demutualisation of the Indonesia Stock Exchange (IDX) will not diminish its regulatory and supervisory powers. The process is viewed as a strategic move to strengthen the institution and boost the competitiveness of the Indonesian capital market. The OJK emphasised that maintaining the exchange's independence and protecting investors, particularly retail and minority ones, remain paramount principles.",
        "content": "<p>Jakarta, CNBC Indonesia \u2014 The Financial Services Authority (OJK) has\nstressed that the demutualisation process of the Indonesia Stock\nExchange (IDX) will not reduce the regulator\u2019s authority to oversee and\nsupervise the stock exchange. Chair of the OJK Board of Commissioners,\nFriderica Widyasari Dewi, stated that the IDX\u2019s demutualisation is a\nstrategic step to strengthen the institution while enhancing the\ncompetitiveness of the Indonesian capital market. \u201cIn the implementation\nof this demutualisation, including if the stock exchange\u2019s shares are\nowned by other parties such as the Ministry of Finance, Bank Indonesia,\nand Danantara as mentioned in the law, one thing that is certainly a\nconcern for all of us is that the independence of the stock exchange\nwill remain a principle that we must uphold together,\u201d Friderica said\nduring a joint press conference regarding the Draft State Budget and\nFinancial Note for Fiscal Year 2027 on Friday (14\/8\/2026). She asserted\nthat changes to the ownership structure of the exchange through\ndemutualisation would not alter the OJK\u2019s position as the capital market\nregulator. \u201cWe need to emphasise that demutualisation does not reduce\nthe OJK\u2019s authority to regulate and supervise the stock exchange,\u201d she\nsaid. Friderica stated that the OJK would continue to carry out its\nregulatory and supervisory functions fully to ensure the Indonesian\ncapital market operates transparently and accountably, in accordance\nwith statutory provisions. She added that this supervision would also\ncontinue to prioritise market stability and integrity, including\ninvestor protection, especially for retail and minority investors. On\nthe other hand, the OJK sees demutualisation as providing greater scope\nfor the IDX to strengthen its institutional capacity and improve\noperational efficiency. Through demutualisation, the exchange is\nexpected to be able to conduct a comprehensive evaluation of its\ninstitutional structure, operational mechanisms, financial condition,\ntrading infrastructure, and other supporting infrastructure. This\ninstitutional strengthening is also expected to encourage an increase in\nthe IDX\u2019s capacity and technological resources. Consequently, the\nexchange is considered capable of having better operational resilience\nin facing various risks, particularly those related to the reliability,\nsecurity, and continuity of trading infrastructure. Furthermore,\ndemutualisation is expected to broaden the IDX\u2019s access to capital\nsources, strengthen competitiveness, and accelerate the adoption of\nglobal best practices. One of the main principles in demutualisation is\nthe clear separation between the ownership of stock exchange shares and\ntrading access rights as an exchange member. According to Friderica,\nthis separation is expected to strengthen governance, enhance\nprofessionalism and objectivity in decision-making, and minimise\npotential conflicts of interest. \u201cSo this is truly to improve governance\nand risk management,\u201d Friderica said. With these changes, the OJK hopes\nthat the integrity of and trust in the Indonesian capital market will\nincrease further, while the IDX\u2019s independence is maintained despite\nchanges in its ownership structure.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/ojk-assures-oversight-unchanged-amid-stock-exchange-demutualisation-1786711928",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}