Regulations
Demutualization will allow external stakeholders to acquire shares in the exchange, with state asset fund Danantara having expressed its interest in securing some stakes.
An electronic board displays stock prices at the Indonesia Stock Exchange (IDX) in Jakarta on Jan. 29, 2026. (AFP/Yasuyoshi Chiba)
The Financial Services Authority (OJK) aims to issue a regulation on the Indonesia Stock Exchange (IDX) demutualization in September, laying the groundwork for transforming the bourse from a member-owned entity held by brokerages into a shareholder-owned company.Hasan Fawzi, chief capital market supervisor of the OJK, said in a statement on Wednesday that the OJK had involved various stakeholders, including the IDX and the Indonesian Securities Companies Association (APEI), to help create a “more comprehensive and implementable” regulation, without undermining the independence of both the OJK as a regulator and the bourse itself.
“With the support of the government and related stakeholders, we are targeting the issuance of the OJK regulation on IDX demutualization in the second week of September 2026,” Hasan stated.
