Capital Markets

Indonesia's Law No. 4 of 2026 reshapes who can own shares in the Indonesian Stock Exchange, opening ownership beyond Exchange Members and formally recognizing demutualization for the first time. The amendment also creates a legal basis for the Ministry of Finance, Bank Indonesia, and Danantara to become shareholders. FKNK Law Firm breaks down what this regulatory shift means for capital markets stakeholders and what to watch for as OJK prepares its implementing regulations.

Ditulis oleh: Meilisa Husein S.H. M.H. & Feira Salsabila S.H. Dalam praktik bisnis modern, kerja sama antara dua atau lebih entitas ekonomi kerap diwujudkan melalui kerjasama permodalan - Joint Venture (“ JV ”) atau kerja operasi - Joint Operation (“ JO ”). Kedua bentuk ini banyak digunakan dalam proyek-proyek strategis dalam berbagai macam sektor. Kerja sama semacam ini menjadi pilihan karena bertujuan untuk memaksimalkan efisiensi operasional dan untuk memitigasi risiko b

The Indonesian Capital Market is undergoing a strategic transformation in 2026. The Financial Services Authority (“OJK”) and PT Bursa Efek Indonesia (“IDX”) are shifting their focus from listing volume to market quality and liquidity. This regulatory reset demands immediate attention from the public companies or issuers to adapt to the new compliance standards set under OJK’s and IDX’s strategic roadmap. Below are some of the insights into such a transformation.

The Indonesian Capital Market is undergoing a strategic transformation in 2026. The Financial Services Authority (“OJK”) and PT Bursa Efek Indonesia (“IDX”) are shifting their focus from listing volume to market quality and liquidity. This regulatory reset demands immediate attention from the public companies or issuers to adapt to the new compliance standards set under OJK’s and IDX’s strategic roadmap. Below are some of the insights into such a transformation.