The Indonesia Financial Services Authority (OJK) set out its 2026 priorities for the capital market at the opening of Indonesia Stock Exchange trading, focusing on strengthening market integrity, deepening liquidity, expanding the institutional investor base and accelerating a credible carbon market ecosystem. The agenda also includes tighter investor protection measures as retail participation rises, including stepped-up market conduct enforcement and new requirements for financial influencers. OJK is finalising a new framework for finfluencers, targeted for issuance in mid-2026, with requirements centred on capability, transparency and licensing compliance. Priority programmes with self-regulatory organisations include raising the quality of listed companies through end-to-end policy refinements from entry requirements to a clear exit policy, increasing free float including continuous free float, and improving transparency of ultimate beneficial ownership to curb abnormal securities transactions and support “real” liquidity. Other strands cover broadening domestic and foreign investor participation by boosting the role of mutual funds, insurers and pension funds, updating stock-market governance through stronger disclosure quality and corporate discipline, and strengthening risk management and information technology governance. OJK also pointed to enforcement actions including fines for 121 parties, licence revocations, and warning letters and written orders, including sanctions related to delays involving 638 market participants. On green finance infrastructure, OJK is working with the Ministry of Environment and the Indonesia Stock Exchange to build a Carbon Unit Registry System (SRUK) and to adjust OJK Regulation No. 14/2023 on carbon trading to support a credible, transparent registry interoperable with global standards, following Presidential Regulation No. 110/2025. Separately, OJK confirmed the continuation of special treatment for customers and policyholders affected by disasters in Aceh, North Sumatra and West Sumatra under OJK Regulation No. 19/2022, including performing-status treatment for restructured loans, payment-timeliness-based credit quality assessment and expedited insurance claims.
OJK 2026-01-02
Indonesia Financial Services Authority sets 2026 capital market integrity and green finance agenda and targets mid-2026 finfluencer rules
The Indonesia Financial Services Authority (OJK) outlined its 2026 capital market priorities, emphasizing market integrity, liquidity, investor base expansion, and a credible carbon market ecosystem. Key initiatives include a framework for financial influencers, enhanced investor protection, collaboration with self-regulatory organizations to improve company quality, transparency, governance, enforcement actions, and green finance infrastructure development.