Inp.polri.go.id - Jakarta. Following a recent market-shaking decision by Morgan Stanley Capital International (MSCI), the Financial Services Authority (OJK) and the Indonesia Stock Exchange (BEI) have officially submitted on Thursday (29/1/2026) a new proposal designed to meet global transparency standards.
The move was to address MSCI's concerns regarding the calculation of free float shares in Indonesia.
"OJK and BEI have conveyed a proposal to MSCI stating our readiness to publish share ownership data for the 'corporate and others' category, even for stakes below five percent," said Mahendra Siregar, the Chairman of the OJK Board of Commissioners, during a press conference at the BEI Building, as cited by antaranews.com.
The proposal is a direct response to MSCI's requirement for more granular data to accurately exclude specific investor categories from free float calculations.
Mahendra emphasized that the OJK views this feedback as a positive indicator that Indonesian equities remain highly "investable" and that MSCI intends to keep Indonesian issuers in their global indices. To ensure compliance before the May 2026 deadline, the authorities are committed to adopting international best practices and implementing strict exit policies for companies unable to meet new liquidity requirements.
(mg/inp/pr/rs)
