BEI Sanctions Increase, Financial Reporting and Free Float Issues Spotlighted

JAKARTA, KOMPAS.com - PT Indonesia Stock Exchange (BEI) recorded 845 sanctions imposed on 494 listed companies during the period from 1 January to 31 March 2026.

“BEI continues to affirm its commitment to safeguarding the integrity and credibility of the Indonesian capital market through monitoring the compliance of listed companies with their obligations as issuers,” stated BEI’s Corporate Secretary, Aulia Noviana Utami Putri, on Thursday (23/4/2026).

The breakdown of sanctions includes 188 requests for clarification to 105 issuers. A total of 130 sanctions related to annual listing fee obligations were given to 82 issuers.

BEI also imposed 128 sanctions for monthly securities registration reports to 62 issuers. As many as 98 sanctions related to public exposures were given to 70 issuers.

Aulia explained that the largest increase occurred in the miscellaneous category. This category includes obligations to meet free float requirements, reports on readiness of funds for maturing bonds or sukuk, and reports on mining companies’ exploration activities.

Errors in presenting information in financial reports and disclosures also increased. The rise reached 50 percent in terms of the number of sanctions and the number of issuers.

Increases also occurred in public exposure obligations and financial reports. Each rose by 14 percent and 5 percent in terms of the number of sanctions.

Declines were seen in sanctions for monthly securities registration reports and requests for clarification. The decreases were 10 percent and 9 percent, respectively.

BEI stated that sanction data is published periodically every month through its official website. This information is intended to increase transparency and serve as a reference for investors.

“This publication is expected to provide transparency for investors while serving as a reference in investment decision-making, as well as encouraging improvements in the quality of listed companies through active investor roles,” said Aulia.