OJK Prepares Two Roadmaps, Aiming for a More Liquid Capital Market and Economic Support
In an effort to strengthen the deepening of Indonesia’s financial markets, the Financial Services Authority (OJK) has issued two strategic roadmaps for the 2026–2030 period. This guidance is also intended to enhance investor protection and encourage sustainable financing and investment to support Indonesia’s economic growth.
The roadmaps cover the Development of Derivative Markets Based on Underlying Instruments and the Indonesian Sustainable Capital Market. This policy forms part of OJK’s efforts to build a more inclusive, efficient, and competitive financial services sector while supporting the achievement of national development targets, including Indonesia’s net zero emissions goal by 2060 or earlier, as well as the mandate of Law No. 4 of 2023 on the Development and Strengthening of the Financial Sector (UU P2SK).
The derivative market roadmap aims to create a market that is more liquid, efficient, credible, and of high integrity. The derivative market is expected to play an important role as an instrument in risk management as well as financial market deepening.
This development will be supported by four main pillars, including strengthening investor protection, harmonisation and supervision of intermediaries, market development, and infrastructure efficiency. All these pillars will be implemented gradually with support for regulatory strengthening, supervision, and market education.
“All these pillars will be implemented with enabler support, including cross-stakeholder coordination, strengthening of regulations and licensing, improved supervision and reporting, as well as socialisation and education carried out gradually in the short, medium, and long term,” said the Head of the Surveillance and Integrated Financial Services Sector Policy Department of OJK, Agus Firmansyah, in a written statement quoted on Tuesday, 14 April 2026.
Meanwhile, the sustainable capital market roadmap is intended by OJK to strengthen the capital market’s role as a driver of funding based on environmental, social, and governance (ESG) principles. This effort is carried out through strengthening regulatory foundations, increasing market activities, encouraging investor participation, and cross-stakeholder collaboration.
The sustainable capital market roadmap is also structured based on four main pillars as follows:
Pillar I: Strengthening the foundation of the sustainable capital market, through the formulation of basic policies and regulations for the sustainable capital market.
Pillar II: Fostering sustainable capital market activities, with efforts to accelerate growth and diversification of sustainable capital market products and activities.
Pillar III: Encouraging participation in the sustainable capital market, through the provision of supporting tools and appropriate incentives to increase market players’ confidence to participate actively in the sustainable capital market.
Pillar IV: Strengthening collaboration for the development of the sustainable capital market, through coordination and cooperation both domestically and internationally to support the development and growth of the sustainable capital market in Indonesia on an ongoing basis.