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Market Chatter: Indonesia's Financial Regulator OJK Recognized by MSCI for Capital Market Reforms

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-- Indonesia's financial regulator, Otoritas Jasa Keuangan (OJK), shared the results of a meeting with the MSCI carried out a week ago, Bisnis.com reported Monday.

Hasan Fawzi, chief executive of Capital Market, Derivative Finance, and Carbon Exchange Supervision at OJK, said the MSCI recognized Indonesia's achievements in reforming its capital market.

The changes revolve around transparency related to share ownership and the classification of investor types from nine to 39 among other actions, according to the report.

Hassan said his party hopes to see the results from the reforms reflected in MSCI's quarterly rebalancing, Bisnis.com reported.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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