Elevating Stock Exchange Transaction Risk Parameters: Risk Charge for Single Stock Futures Now Set at 4%

In 2023, the Board of Directors of PT Kliring Penjaminan Efek Indonesia (“ KPEI ”) introduced Circular No. SE-010/DIR/KPEI/0923 of 2023 (“ Circular 10/2023 ”), which at its core, set out the applicable risk parameters for transactions undertaken through the stock exchange (“ Risk Parameters ”). It should be noted that the collateral-related provisions that feature under Circular 10/2023 are summarized in the following edition of Indonesian Legal Brief (“ ILB ”): “ KPEI Re-Regulates Risk Parameters for Additions of Collateral in the Form of Mutual Fund Participation Units ”.