OJK Imposes Rp96.32 Billion in Fines on 233 Capital Market Participants as of March 2026

Jakarta (ANTARA) - The Financial Services Authority (OJK) has imposed administrative sanctions in the form of fines on 233 parties for violations in the capital markets, with a total fine amounting to Rp96.32 billion as of 31 March 2026.

The Executive Head of Capital Market, Derivatives Finance, and Carbon Exchange Supervision at OJK, Hasan Fawzi, stated that these sanctions are intended to provide legal certainty in Indonesia’s capital markets.

“During this year up to 31 March 2026, the total fines reached Rp96.33 billion imposed on no fewer than 233 parties,” Hasan said during a press conference at the Indonesia Stock Exchange (BEI) building in Jakarta on Thursday.

Hasan continued that the fine amount also includes penalties related to stock price manipulation cases amounting to Rp29.3 billion.

“The handling of cases directly related to market manipulation conditions, which often attract attention from all parties, even reached Rp29.3 billion,” Hasan revealed.

Meanwhile, regarding the fine categories, the details show Rp62.78 billion as case-related fines, while Rp33.55 billion consists of late payment fines, non-late payment, and non-case fines.

In addition to imposing fines, as of 31 March 2026, OJK has issued 73 written warnings, four licence suspensions, one licence revocation, two specific actions, and eight written orders/prohibitions.

On this occasion, Hasan assured that OJK will continue to enforce the law in Indonesia’s capital markets.

He said that the imposition of sanctions is carried out to increase discipline among capital market participants in Indonesia.

“This step will be continued, we will persist, we will present it, and it will become an important part of our ongoing efforts to bring market discipline, market integrity, good market conduct, and ultimately, we hope to restore confidence in our capital markets. Especially from our investors,” Hasan stated.