Overview
- The Indonesia Stock Exchange is releasing draft regulations for consultation, with a 10‑day feedback window, to address transparency concerns flagged by MSCI.
- The draft includes raising the minimum free float for listed companies to 15 percent and expanding shareholder disclosure to holders of at least 1 percent.
- OJK says final publication of the new regulation is targeted for March 2026 after it reviews input and guides revisions.
- Coordinating economic minister Airlangga Hartarto says reforms will enforce market integrity and pursue manipulators, asserting the push is grounded in law rather than only MSCI pressure.
- MSCI has frozen Indonesian securities and warned of a potential downgrade to frontier status after a selloff that erased about $80 billion, while Jakarta weighs demutualising the bourse and allowing pensions and insurers to lift equity allocations.