OJK Digitizes Capital Market Reporting to Carbon Exchange

The Financial Services Authority (OJK) is preparing a number of provisions for incidental reporting through the OJK Reporting System in the Capital Market, Derivatives, and Carbon Exchange (PMDK). This policy is aimed at encouraging the digitization of reports while improving data integration and transparency for supervision.

“There are two policies being prepared, namely the Draft Regulation of OJK (“RPOJK”) on PMDK Incidental Reporting and the Regulation of the Board of Commissioners (“PADK”) as technical guidelines for its implementation,” said Inarno Djajadi, Chief Executive of Capital Market, Derivatives, and Carbon Exchange Supervision to Hukumonline.

Based on the draft obtained by Hukumonline, this regulation will require all securities companies, securities institutions, supporting institutions, crowdfunding service providers, and supporting professions to submit incidental reports and corrections online through the OJK system. However, offline reporting will still be possible under certain conditions, such as when the system is not yet available or the reporting party does not yet have access rights.