OJK, SROs Maintain Continuous Stock Exchange's Trading Activities

    Wahyu Dwi Anggoro - 23 Maret 2020 11:59 WIB
    OJK, SROs Maintain Continuous Stock Exchange's Trading Activities
    Illustration (Photo:Medcom.id/M Rizal)
    Jakarta: The Financial Services Authority together with Self-Regulatory Organizations (SROs) of the capital market in Indonesia will continue monitoring the market development and proactively reviewing series of policies implemented to keep the operation of Indonesia Capital Market as usual in the midst of market volatility full of uncertainty due to the covid-19 pandemic.

    The SROs are the Indonesia Stock Exchange (IDX), the Indonesia Clearing and Guarantee Corporation (KPEI), and the Indonesia Central Securities Depository (KSEI).

    "OJK and SROs will keep putting efforts in the continuous stock exchange’s orderly, fair, and efficient trading activities, and capital market services to all stakeholders," the IDX stated in a press release on Monday, March 23, 2020. 

    In order to achieve that, OJK together with capital market SROs have implemented Business Continuity Management (BCM) to ensure continuous operational activities in the capital market through a number of measures.

    First, splitting operation to several alternate working locations. Secondly, implementing Work from Home. Thirdly, limiting on-site events such as socializations, meetings, and other corporate events. Lastly, ensuring a healthy working environment and protect employees’ health.

    In addition to the BCM, a number of stimulus have been issued by OJK and the SROs to capital market stakeholders to provide legal certainty in facing current circumstances.



    (WAH)

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