Indonesia: Implementation of the IOSCO Objectives and Principles of Securities Regulation
IMF Staff Country Reports, July 18, 2012
Source details
- Canonical URL
- Indonesia: Implementation of the IOSCO Objectives and Principles of Securities Regulation
Other formats
Bibliographic details
- Published: July 18, 2012
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781475504958.002
Summary and principal finding
- The paper discusses implementation of the International Organization of Securities Commissions (IOSCO) objectives and principles of securities regulation in Indonesia.
- The Capital Markets and Financial Institutions Supervisory Agency (BAPEPAM-LK) has taken impressive steps to increase the transparency of regulation and to institute a comprehensive operational program that meets international norms and Indonesia’s understanding of best practices.
- The paper reveals that the regulatory framework, regulatory powers, and requirements pertaining to the securities regulator are highly transparent.
- The roles of the regulators and supervisors are clearly defined.
Regulatory transparency and institutional actions
- BAPEPAM-LK increased transparency of regulation.
- BAPEPAM-LK instituted a comprehensive operational program aligned with international norms and Indonesia’s understanding of best practices.
- Regulatory framework, regulatory powers, and regulator requirements are described as highly transparent.
- Roles of regulators and supervisors are explicitly defined.
Subjects and keywords
- Subjects:
- Banking
- Capital markets
- Financial institutions
- Financial markets
- Legal support in revenue administration
- Mutual funds
- Revenue administration
- Securities
- Stocks
- Keywords:
- BAPEPAM-LK investigator
- BAPEPAM-LK regulation
- BAPEPAM-LK report
- BAPEPAM-LK reviews non-member firms
- BAPEPAM-LK rule
- BAPEPAM-LK staff
- BAPEPAM-LK state
- Capital markets
- CR
- e-monitoring system
- Global
- insider trading
- ISCR
- Legal support in revenue administration
- letter of credit
- member firm
- Mutual funds
- Securities
- spot market
- Stocks
- working capital
Content in this bundle
- _cr12189 — Introduction and Assessment Summary