Indonesia’s Financial Services Authority (OJK) announced an expansion of electronic reporting and publication for capital market disclosures through the KSEI Securities Ownership Reference Application (AKSes KSEI) and publication via the Indonesia Stock Exchange (IDX) website, covering share ownership, changes in ownership and share pledging activity. The framework implements OJK Regulation No. 4 of 2024 and OJK Circular Letter No. 10 of 2025, requiring directors, commissioners or shareholders of a public company with holdings of 5% or more to submit reports electronically, including reports on pledging of public company shares of 5% or more. Shareholders or investors can file directly via AKSes KSEI or appoint a securities firm, custodian bank, share registrar, issuer or another authorised party, after which AKSes KSEI automatically forwards the disclosure to IDX for publication. OJK also set out supervisory features including real-time compliance monitoring through a visual dashboard, instant reporting status detection, a digital audit trail to support supervision and enforcement needs, and strict user access governance. The system has been fully implemented since 5 December 2025 and was socialised nationally on 19 December 2025. OJK, KSEI and IDX will continue to evaluate and further develop the reporting and publication infrastructure.
OJK 2026-01-13
OJK expands AKSes KSEI electronic reporting and IDX publication for 5% share ownership changes and share pledging disclosures
Indonesia’s Financial Services Authority (OJK) has expanded electronic reporting for capital market disclosures via the KSEI Securities Ownership Reference Application and the Indonesia Stock Exchange website, implementing OJK Regulation No. 4 of 2024. Operational since December 2025, the system mandates electronic submission of reports on share ownership and pledging activities of 5% or more, with real-time compliance monitoring and a digital audit trail to enhance supervision.