Indonesia’s Financial Services Authority released the outcomes of its 25 February 2026 monthly Board of Commissioners meeting, judging that stability in the financial services sector remained intact amid global and domestic volatility and setting out supervisory actions to strengthen resilience, market integrity and consumer protection. In capital markets, pressure on domestic equities eased in February, with the Jakarta Composite Index closing at 8,235.49 on 27 February (down 1.13% month to date), while investment management assets under management reached IDR 1,115.71 trillion and the investor base rose to 22.88 million. Work with the Indonesia Stock Exchange and Indonesia Central Securities Depository to address MSCI-related reform items includes publication of shareholding disclosure for holdings above 1%, completion of more granular investor classification (94% complete as of 27 February), a new 15% minimum free float framework with special notations for non-compliant issuers, and planned implementation of a High Shareholding Concentration announcement. Enforcement in the capital markets, financial derivatives and carbon exchange area included IDR 23.635bn in administrative fines imposed on 33 parties in February, plus licence revocations/suspensions and written orders, including one-year suspensions for PT UOB Kay Hian Sekuritas and PT KGI Sekuritas Indonesia as underwriters. Banking credit expanded 9.96% year on year in January to IDR 8,557 trillion, with gross non-performing loans at 2.14% and a capital adequacy ratio of 25.87%; three rural banks had their business licences revoked and banks were instructed to block around 32,556 accounts linked to online gambling and apply enhanced due diligence. The update also reported that OJK and Bappebti formally ended the transition of regulatory and supervisory responsibilities for digital financial assets including crypto to OJK, alongside rising crypto customers (20.70 million as of January) and anti-scam results under the Indonesia Anti-Scam Centre, including IDR 566.1bn of victim funds frozen and IDR 167bn returned. Next steps include publishing the above-1% shareholding dataset in early March and finalising investor classification and the High Shareholding Concentration regime in March, with the Indonesia Stock Exchange’s free float rule expected by end-March. The authority also noted newly issued rules on foreign workers in commercial banks, bank information technology governance and monthly reporting for finance companies, and ongoing drafting of measures on rural bank minimum capital, daily fintech lending data reporting, conduct standards for providers of financial-sector information, and implementation rules for buy now pay later by finance companies.

Original source View in tracker