Indonesia: Implementation of the IOSCO Objectives and Principles of Securities Regulation

Indonesia: Implementation of the IOSCO Objectives and Principles of Securities Regulation
ISBN-10
1475504950
ISBN-13
9781475504958
Series
Indonesia
Category
Business & Economics
Pages
69
Language
English
Published
2012-07-18
Publisher
International Monetary Fund
Author
International Monetary Fund

Description

This 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. This 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 also clearly defined.

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