Source: CNBC Indonesia | June 6, 2024

The Indonesian Stock Exchange (BEI) said it was reviewing the policy on the special monitoring board method or full call auction (FCA). BEI Development Director Jeffrey Hendrik said the review was carried out to measure effectiveness and fulfill its objectives.

“All regulations, all policies will definitely be reviewed. To measure their effectiveness, achievement of goals and so on. Policies related to this special monitoring board are no exception,” he said at the BEI Building, Thursday (6/6/2024).

Jeffrey also did not rule out the possibility of adjustments to the policy if necessary. He did not say when the review would be completed, but it is currently ongoing.

When asked about the possibility of canceling the FCA method, Jeffrey said the policy had gone through a long study. So, you can’t stop it in a hurry.

“So, maybe we can’t be in a hurry to convey it regarding policy. But for the adjustments I mentioned earlier, we will carry out continuous reviews of all regulations and policies. We’ll see what the results of the review are,” he added.

If you keep socializing. Yes, we keep doing it. Never stop. And if it’s like what I said earlier. All regulations, all policies will definitely be reviewed. To measure its effectiveness, achievement of goals and so on.

Separately, the Financial Services Authority (OJK) has also opened its voice regarding this matter. Head of the OJK Capital Market Regulation and Development Department, Antonius Hari Prasetyo Moerdianto, said that his party and the Self-Regulatory Organization (SRO), which consists of the IDX, Indonesian Securities Clearing and Guarantee (KPEI), and the Indonesian Central Securities Depository (KSEI), always coordinate regarding dynamics. He also said they had reviewed the FCA’s methods.

“The SRO and OJK always coordinate. So we have also reviewed it, but as SRO friends say, it is always possible, they always listen. Listen, if there is input it will be considered,” he said at the BEI Building, Thursday ( 6/6/2024).

Antonius said that his party was still monitoring the results of the implementation of the third stage of the special monitoring board. He then said the aim of this policy was for the good of investors.

“Indeed, dynamics are emerging now, but our goal is actually to protect investors. Meanwhile, I think we will see first whether it will go far,” he said. Jakarta, CNBC Indonesia – The Indonesian Stock Exchange (BEI) said it was reviewing the monitoring board method policy special or full call auction (FCA). BEI Development Director Jeffrey Hendrik said the review was carried out to measure effectiveness and fulfill its objectives.

“All regulations, all policies will definitely be reviewed. To measure their effectiveness, achievement of goals and so on. Policies related to this special monitoring board are no exception,” he said at the BEI Building, Thursday (6/6/2024).

Jeffrey also did not rule out the possibility of adjustments to the policy if necessary. He did not say when the review would be completed, but it is currently ongoing.

When asked about the possibility of canceling the FCA method, Jeffrey said the policy had gone through a long study. So, you can’t stop it in a hurry.

“So, maybe we can’t be in a hurry to convey it regarding policy. But for the adjustments I mentioned earlier, we will carry out continuous reviews of all regulations and policies. We’ll see what the results of the review are,” he added.

If you keep socializing. Yes, we keep doing it. Never stop. And if it’s like what I said earlier. All regulations, all policies will definitely be reviewed. To measure its effectiveness, achievement of goals and so on.

Separately, the Financial Services Authority (OJK) has also opened its voice regarding this matter. Head of the OJK Capital Market Regulation and Development Department, Antonius Hari Prasetyo Moerdianto, said that his party and the Self-Regulatory Organization (SRO), which consists of the IDX, Indonesian Securities Clearing and Guarantee (KPEI), and the Indonesian Central Securities Depository (KSEI), always coordinate regarding dynamics. He also said they had reviewed the FCA’s methods.

“The SRO and OJK always coordinate. So we have also reviewed it, but as SRO friends say, it is always possible, they always listen. Listen, if there is input it will be considered,” he said at the BEI Building, Thursday ( 6/6/2024).

Antonius said that his party was still monitoring the results of the implementation of the third stage of the special monitoring board. He then said the aim of this policy was for the good of investors. “Indeed, dynamics are emerging now, but our aim is actually to protect investors. Meanwhile, I think we will see first how far this will go,” he said.