Republic of Indonesia Financial Sector Assessment Program : Implementation of the IOSCO Objectives and Principles of Securities Regulation
The law and related implementing regulations that constitute the regulatory framework affecting the capital markets in Indonesia are largely consistent with the International Organization of Securities Commissions (IOSCO) Objectives and Principles...
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| Format: | Report |
| Language: | English en_US |
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Washington, DC
2017
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| Online Access: | http://documents.worldbank.org/curated/en/819341468254689208/Indonesia-Implementation-of-the-International-Organization-of-Securities-Commissions-IOSCO-objectives-and-principles-of-securities-regulation-detailed-assessment-of-compliance http://hdl.handle.net/10986/27742 |
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okr-10986-27742 |
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| recordtype |
oai_dc |
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Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ACCOUNTING ACCOUNTING STANDARDS AUCTION BANK SUPERVISION BANKING LAW BANKRUPTCIES BANKRUPTCY BANKRUPTCY LAW BARRIERS TO ENTRY BOND BOND MARKET BROKER BROKERAGES BROKERS CAPITAL MARKET CAPITAL MARKET ACTIVITIES CAPITAL MARKET LAW CAPITAL MARKET REGULATIONS CAPITAL MARKETS CAPITAL REQUIREMENTS CENTRAL BANK CENTRAL SECURITIES DEPOSITORY CIVIL LAW CLEARING HOUSES COLLECTIVE INVESTMENT COLLECTIVE INVESTMENTS COMMERCIAL BANKS COMMODITIES COMMODITY COMPANY LAW CONFLICT OF INTEREST CONFLICTS OF INTEREST CONTINUOUS AUCTION CORPORATE BONDS CORPORATE DEBT CREDIBILITY CREDIT RISK CROSS-BORDER SECURITIES CUSTODIAN BANK CUSTODIAN BANKS DEBT DEBT INSTRUMENTS DEFAULT RISK DEFAULTS DEPOSIT DEPOSIT INSURANCE DEPOSITOR DEPOSITORIES DERIVATIVES DERIVATIVES EXCHANGE DERIVATIVES MARKET DISBURSEMENT DISPUTE RESOLUTION DOMESTIC CAPITAL DOMESTIC CAPITAL MARKETS DOMESTIC INVESTORS DUE DILIGENCE ELECTRONIC MARKET EMERGING MARKET ENFORCEMENT POWERS EQUITIES EQUITY FUNDS EQUITY INDEXES EQUITY MARKET EQUITY TRADING EXPENDITURE FINANCE COMPANIES FINANCIAL COMPANY FINANCIAL CRISIS FINANCIAL FUTURES FINANCIAL INFORMATION FINANCIAL INSTITUTIONS FINANCIAL INSTRUMENTS FINANCIAL MARKET FINANCIAL MARKETS FINANCIAL SECTOR FINANCIAL STABILITY FINANCIAL STATEMENT FINANCIAL STATEMENTS FINANCIAL SYSTEM FOREIGN EXCHANGE FOREIGN INVESTORS FOREIGN OWNERSHIP FRAMEWORK FOR SECURITIES FRAUD FUND MANAGERS FUTURES FUTURES CONTRACTS FUTURES EXCHANGE FUTURES EXCHANGES FUTURES MARKETS FUTURES] EXCHANGE GLOBALIZATION GOVERNMENT BONDS GOVERNMENT FINANCE GOVERNMENT REGULATION GOVERNMENT REGULATIONS GOVERNMENT SECURITIES GOVERNMENT SUPPORT GUARANTEE FUND INFORMATION SHARING INSIDER TRADING INSTITUTIONAL INVESTORS INSURANCE INSURANCE COMPANIES INSURANCE CORPORATION INTERESTS OF INVESTORS INTERNATIONAL ACCOUNTING STANDARDS INTERNATIONAL BANK INTERNATIONAL COOPERATION INTERNATIONAL STANDARDS INVESTING INVESTMENT CONTRACTS INVESTMENT FUNDS INVESTMENT VEHICLES INVESTOR AWARENESS INVESTOR PROTECTION ISSUANCE JUDICIAL ENFORCEMENT JUDICIAL SYSTEM JUSTICE SYSTEM LEGAL FRAMEWORK LEGAL PROTECTION LEGAL PROTECTIONS LEGAL REFORM LEGAL REFORMS LEGAL SYSTEM LIABILITY LIQUIDITY LIQUIDITY MANAGEMENT LIQUIDITY RISK MARKET CONFIDENCE MARKET DATA MARKET DEVELOPMENT MARKET DEVELOPMENTS MARKET EXPANSION MARKET INTERMEDIARIES MARKET INTERMEDIARY MARKET PARTICIPANT MARKET PARTICIPANTS MARKET REGULATOR MARKET SECURITIES MARKET STRUCTURE MARKET TRADING MINORITY SHAREHOLDER MINORITY SHAREHOLDER PROTECTIONS MONETARY FUND MONETARY POLICY MUTUAL FUND MUTUAL FUND INVESTMENT MUTUAL FUNDS NATIONAL DEVELOPMENT NOMINEE ACCOUNTS OPEN MARKET PENSION PENSION FUNDS PORTFOLIO PORTFOLIOS PRIVATE EQUITY PRIVATE SECTOR DEVELOPMENT PUBLIC INVESTMENT PUBLIC OFFERINGS RAPID DEVELOPMENT REGULATORY AUTHORITIES REGULATORY AUTHORITY REGULATORY ENVIRONMENT REGULATORY FRAMEWORK REGULATORY INFRASTRUCTURE REGULATORY OVERSIGHT REGULATORY SYSTEM REGULATORY SYSTEMS REMOTE LOCATIONS RETURN SALE OF SECURITIES SECONDARY MARKET SECURITIES SECURITIES EXCHANGE SECURITIES EXCHANGES SECURITIES LAW SECURITIES LAWS SECURITIES MARKETS SECURITIES REGISTRATION SECURITIES REGULATION SECURITIES REGULATOR SECURITIES TRANSACTIONS SELF-REGULATION SETTLEMENT SETTLEMENT SYSTEM SETTLEMENT SYSTEMS SHAREHOLDERS SMALL BUSINESSES SPOT MARKET STOCK EXCHANGE STOCK EXCHANGES STOCK MARKET STOCK MARKET CAPITALIZATION STOCKS SUPERVISORY AGENCY SYSTEMIC RISKS TECHNICAL ASSISTANCE TRADES TRADING TRADING PLATFORM TRADING SYSTEMS TRADING VALUE TRADING VOLUME TRANSACTION TRANSPARENCY TREASURY TURNOVER VALUATION WAREHOUSE WAREHOUSE RECEIPTS WARRANTS WORKING CAPITAL |
| spellingShingle |
ACCOUNTING ACCOUNTING STANDARDS AUCTION BANK SUPERVISION BANKING LAW BANKRUPTCIES BANKRUPTCY BANKRUPTCY LAW BARRIERS TO ENTRY BOND BOND MARKET BROKER BROKERAGES BROKERS CAPITAL MARKET CAPITAL MARKET ACTIVITIES CAPITAL MARKET LAW CAPITAL MARKET REGULATIONS CAPITAL MARKETS CAPITAL REQUIREMENTS CENTRAL BANK CENTRAL SECURITIES DEPOSITORY CIVIL LAW CLEARING HOUSES COLLECTIVE INVESTMENT COLLECTIVE INVESTMENTS COMMERCIAL BANKS COMMODITIES COMMODITY COMPANY LAW CONFLICT OF INTEREST CONFLICTS OF INTEREST CONTINUOUS AUCTION CORPORATE BONDS CORPORATE DEBT CREDIBILITY CREDIT RISK CROSS-BORDER SECURITIES CUSTODIAN BANK CUSTODIAN BANKS DEBT DEBT INSTRUMENTS DEFAULT RISK DEFAULTS DEPOSIT DEPOSIT INSURANCE DEPOSITOR DEPOSITORIES DERIVATIVES DERIVATIVES EXCHANGE DERIVATIVES MARKET DISBURSEMENT DISPUTE RESOLUTION DOMESTIC CAPITAL DOMESTIC CAPITAL MARKETS DOMESTIC INVESTORS DUE DILIGENCE ELECTRONIC MARKET EMERGING MARKET ENFORCEMENT POWERS EQUITIES EQUITY FUNDS EQUITY INDEXES EQUITY MARKET EQUITY TRADING EXPENDITURE FINANCE COMPANIES FINANCIAL COMPANY FINANCIAL CRISIS FINANCIAL FUTURES FINANCIAL INFORMATION FINANCIAL INSTITUTIONS FINANCIAL INSTRUMENTS FINANCIAL MARKET FINANCIAL MARKETS FINANCIAL SECTOR FINANCIAL STABILITY FINANCIAL STATEMENT FINANCIAL STATEMENTS FINANCIAL SYSTEM FOREIGN EXCHANGE FOREIGN INVESTORS FOREIGN OWNERSHIP FRAMEWORK FOR SECURITIES FRAUD FUND MANAGERS FUTURES FUTURES CONTRACTS FUTURES EXCHANGE FUTURES EXCHANGES FUTURES MARKETS FUTURES] EXCHANGE GLOBALIZATION GOVERNMENT BONDS GOVERNMENT FINANCE GOVERNMENT REGULATION GOVERNMENT REGULATIONS GOVERNMENT SECURITIES GOVERNMENT SUPPORT GUARANTEE FUND INFORMATION SHARING INSIDER TRADING INSTITUTIONAL INVESTORS INSURANCE INSURANCE COMPANIES INSURANCE CORPORATION INTERESTS OF INVESTORS INTERNATIONAL ACCOUNTING STANDARDS INTERNATIONAL BANK INTERNATIONAL COOPERATION INTERNATIONAL STANDARDS INVESTING INVESTMENT CONTRACTS INVESTMENT FUNDS INVESTMENT VEHICLES INVESTOR AWARENESS INVESTOR PROTECTION ISSUANCE JUDICIAL ENFORCEMENT JUDICIAL SYSTEM JUSTICE SYSTEM LEGAL FRAMEWORK LEGAL PROTECTION LEGAL PROTECTIONS LEGAL REFORM LEGAL REFORMS LEGAL SYSTEM LIABILITY LIQUIDITY LIQUIDITY MANAGEMENT LIQUIDITY RISK MARKET CONFIDENCE MARKET DATA MARKET DEVELOPMENT MARKET DEVELOPMENTS MARKET EXPANSION MARKET INTERMEDIARIES MARKET INTERMEDIARY MARKET PARTICIPANT MARKET PARTICIPANTS MARKET REGULATOR MARKET SECURITIES MARKET STRUCTURE MARKET TRADING MINORITY SHAREHOLDER MINORITY SHAREHOLDER PROTECTIONS MONETARY FUND MONETARY POLICY MUTUAL FUND MUTUAL FUND INVESTMENT MUTUAL FUNDS NATIONAL DEVELOPMENT NOMINEE ACCOUNTS OPEN MARKET PENSION PENSION FUNDS PORTFOLIO PORTFOLIOS PRIVATE EQUITY PRIVATE SECTOR DEVELOPMENT PUBLIC INVESTMENT PUBLIC OFFERINGS RAPID DEVELOPMENT REGULATORY AUTHORITIES REGULATORY AUTHORITY REGULATORY ENVIRONMENT REGULATORY FRAMEWORK REGULATORY INFRASTRUCTURE REGULATORY OVERSIGHT REGULATORY SYSTEM REGULATORY SYSTEMS REMOTE LOCATIONS RETURN SALE OF SECURITIES SECONDARY MARKET SECURITIES SECURITIES EXCHANGE SECURITIES EXCHANGES SECURITIES LAW SECURITIES LAWS SECURITIES MARKETS SECURITIES REGISTRATION SECURITIES REGULATION SECURITIES REGULATOR SECURITIES TRANSACTIONS SELF-REGULATION SETTLEMENT SETTLEMENT SYSTEM SETTLEMENT SYSTEMS SHAREHOLDERS SMALL BUSINESSES SPOT MARKET STOCK EXCHANGE STOCK EXCHANGES STOCK MARKET STOCK MARKET CAPITALIZATION STOCKS SUPERVISORY AGENCY SYSTEMIC RISKS TECHNICAL ASSISTANCE TRADES TRADING TRADING PLATFORM TRADING SYSTEMS TRADING VALUE TRADING VOLUME TRANSACTION TRANSPARENCY TREASURY TURNOVER VALUATION WAREHOUSE WAREHOUSE RECEIPTS WARRANTS WORKING CAPITAL World Bank International Monetary Fund Republic of Indonesia Financial Sector Assessment Program : Implementation of the IOSCO Objectives and Principles of Securities Regulation |
| geographic_facet |
East Asia and Pacific Indonesia |
| description |
The law and related implementing
regulations that constitute the regulatory framework
affecting the capital markets in Indonesia are largely
consistent with the International Organization of Securities
Commissions (IOSCO) Objectives and Principles of Securities
Regulation. Nevertheless this assessment finds that
legislative reforms and other actions that are in the
process of being implemented to clarify and expand the
security regulator's authority and to cure certain
self-acknowledged gaps should be accelerated. Further, the
assessment concludes that attention must be paid to assure
that implementation of the regulatory framework results in a
system that reliably detects, deters, and sanctions
securities violations and reliably identifies and prevents
or mitigates prudential concerns. This may require legal
reforms beyond those necessary to reform the specific
capital markets law, as discussed more extensively by the
separate legal assessor. How significant such further reform
will be to enforcement effectiveness will depend in part on
the manner in which regulatory enforcement powers and
authorities are augmented and enhanced under the capital
markets law revision. Capital markets operations are heavily
dependent on legal certainty, and in particular reliable
application of contract, company, insolvency, and other
legal protections. |
| format |
Report |
| author |
World Bank International Monetary Fund |
| author_facet |
World Bank International Monetary Fund |
| author_sort |
World Bank |
| title |
Republic of Indonesia Financial Sector Assessment Program : Implementation of the IOSCO Objectives and Principles of Securities Regulation |
| title_short |
Republic of Indonesia Financial Sector Assessment Program : Implementation of the IOSCO Objectives and Principles of Securities Regulation |
| title_full |
Republic of Indonesia Financial Sector Assessment Program : Implementation of the IOSCO Objectives and Principles of Securities Regulation |
| title_fullStr |
Republic of Indonesia Financial Sector Assessment Program : Implementation of the IOSCO Objectives and Principles of Securities Regulation |
| title_full_unstemmed |
Republic of Indonesia Financial Sector Assessment Program : Implementation of the IOSCO Objectives and Principles of Securities Regulation |
| title_sort |
republic of indonesia financial sector assessment program : implementation of the iosco objectives and principles of securities regulation |
| publisher |
Washington, DC |
| publishDate |
2017 |
| url |
http://documents.worldbank.org/curated/en/819341468254689208/Indonesia-Implementation-of-the-International-Organization-of-Securities-Commissions-IOSCO-objectives-and-principles-of-securities-regulation-detailed-assessment-of-compliance http://hdl.handle.net/10986/27742 |
| _version_ |
1764464501359378432 |
| spelling |
okr-10986-277422021-04-23T14:04:42Z Republic of Indonesia Financial Sector Assessment Program : Implementation of the IOSCO Objectives and Principles of Securities Regulation World Bank International Monetary Fund ACCOUNTING ACCOUNTING STANDARDS AUCTION BANK SUPERVISION BANKING LAW BANKRUPTCIES BANKRUPTCY BANKRUPTCY LAW BARRIERS TO ENTRY BOND BOND MARKET BROKER BROKERAGES BROKERS CAPITAL MARKET CAPITAL MARKET ACTIVITIES CAPITAL MARKET LAW CAPITAL MARKET REGULATIONS CAPITAL MARKETS CAPITAL REQUIREMENTS CENTRAL BANK CENTRAL SECURITIES DEPOSITORY CIVIL LAW CLEARING HOUSES COLLECTIVE INVESTMENT COLLECTIVE INVESTMENTS COMMERCIAL BANKS COMMODITIES COMMODITY COMPANY LAW CONFLICT OF INTEREST CONFLICTS OF INTEREST CONTINUOUS AUCTION CORPORATE BONDS CORPORATE DEBT CREDIBILITY CREDIT RISK CROSS-BORDER SECURITIES CUSTODIAN BANK CUSTODIAN BANKS DEBT DEBT INSTRUMENTS DEFAULT RISK DEFAULTS DEPOSIT DEPOSIT INSURANCE DEPOSITOR DEPOSITORIES DERIVATIVES DERIVATIVES EXCHANGE DERIVATIVES MARKET DISBURSEMENT DISPUTE RESOLUTION DOMESTIC CAPITAL DOMESTIC CAPITAL MARKETS DOMESTIC INVESTORS DUE DILIGENCE ELECTRONIC MARKET EMERGING MARKET ENFORCEMENT POWERS EQUITIES EQUITY FUNDS EQUITY INDEXES EQUITY MARKET EQUITY TRADING EXPENDITURE FINANCE COMPANIES FINANCIAL COMPANY FINANCIAL CRISIS FINANCIAL FUTURES FINANCIAL INFORMATION FINANCIAL INSTITUTIONS FINANCIAL INSTRUMENTS FINANCIAL MARKET FINANCIAL MARKETS FINANCIAL SECTOR FINANCIAL STABILITY FINANCIAL STATEMENT FINANCIAL STATEMENTS FINANCIAL SYSTEM FOREIGN EXCHANGE FOREIGN INVESTORS FOREIGN OWNERSHIP FRAMEWORK FOR SECURITIES FRAUD FUND MANAGERS FUTURES FUTURES CONTRACTS FUTURES EXCHANGE FUTURES EXCHANGES FUTURES MARKETS FUTURES] EXCHANGE GLOBALIZATION GOVERNMENT BONDS GOVERNMENT FINANCE GOVERNMENT REGULATION GOVERNMENT REGULATIONS GOVERNMENT SECURITIES GOVERNMENT SUPPORT GUARANTEE FUND INFORMATION SHARING INSIDER TRADING INSTITUTIONAL INVESTORS INSURANCE INSURANCE COMPANIES INSURANCE CORPORATION INTERESTS OF INVESTORS INTERNATIONAL ACCOUNTING STANDARDS INTERNATIONAL BANK INTERNATIONAL COOPERATION INTERNATIONAL STANDARDS INVESTING INVESTMENT CONTRACTS INVESTMENT FUNDS INVESTMENT VEHICLES INVESTOR AWARENESS INVESTOR PROTECTION ISSUANCE JUDICIAL ENFORCEMENT JUDICIAL SYSTEM JUSTICE SYSTEM LEGAL FRAMEWORK LEGAL PROTECTION LEGAL PROTECTIONS LEGAL REFORM LEGAL REFORMS LEGAL SYSTEM LIABILITY LIQUIDITY LIQUIDITY MANAGEMENT LIQUIDITY RISK MARKET CONFIDENCE MARKET DATA MARKET DEVELOPMENT MARKET DEVELOPMENTS MARKET EXPANSION MARKET INTERMEDIARIES MARKET INTERMEDIARY MARKET PARTICIPANT MARKET PARTICIPANTS MARKET REGULATOR MARKET SECURITIES MARKET STRUCTURE MARKET TRADING MINORITY SHAREHOLDER MINORITY SHAREHOLDER PROTECTIONS MONETARY FUND MONETARY POLICY MUTUAL FUND MUTUAL FUND INVESTMENT MUTUAL FUNDS NATIONAL DEVELOPMENT NOMINEE ACCOUNTS OPEN MARKET PENSION PENSION FUNDS PORTFOLIO PORTFOLIOS PRIVATE EQUITY PRIVATE SECTOR DEVELOPMENT PUBLIC INVESTMENT PUBLIC OFFERINGS RAPID DEVELOPMENT REGULATORY AUTHORITIES REGULATORY AUTHORITY REGULATORY ENVIRONMENT REGULATORY FRAMEWORK REGULATORY INFRASTRUCTURE REGULATORY OVERSIGHT REGULATORY SYSTEM REGULATORY SYSTEMS REMOTE LOCATIONS RETURN SALE OF SECURITIES SECONDARY MARKET SECURITIES SECURITIES EXCHANGE SECURITIES EXCHANGES SECURITIES LAW SECURITIES LAWS SECURITIES MARKETS SECURITIES REGISTRATION SECURITIES REGULATION SECURITIES REGULATOR SECURITIES TRANSACTIONS SELF-REGULATION SETTLEMENT SETTLEMENT SYSTEM SETTLEMENT SYSTEMS SHAREHOLDERS SMALL BUSINESSES SPOT MARKET STOCK EXCHANGE STOCK EXCHANGES STOCK MARKET STOCK MARKET CAPITALIZATION STOCKS SUPERVISORY AGENCY SYSTEMIC RISKS TECHNICAL ASSISTANCE TRADES TRADING TRADING PLATFORM TRADING SYSTEMS TRADING VALUE TRADING VOLUME TRANSACTION TRANSPARENCY TREASURY TURNOVER VALUATION WAREHOUSE WAREHOUSE RECEIPTS WARRANTS WORKING CAPITAL The law and related implementing regulations that constitute the regulatory framework affecting the capital markets in Indonesia are largely consistent with the International Organization of Securities Commissions (IOSCO) Objectives and Principles of Securities Regulation. Nevertheless this assessment finds that legislative reforms and other actions that are in the process of being implemented to clarify and expand the security regulator's authority and to cure certain self-acknowledged gaps should be accelerated. Further, the assessment concludes that attention must be paid to assure that implementation of the regulatory framework results in a system that reliably detects, deters, and sanctions securities violations and reliably identifies and prevents or mitigates prudential concerns. This may require legal reforms beyond those necessary to reform the specific capital markets law, as discussed more extensively by the separate legal assessor. How significant such further reform will be to enforcement effectiveness will depend in part on the manner in which regulatory enforcement powers and authorities are augmented and enhanced under the capital markets law revision. Capital markets operations are heavily dependent on legal certainty, and in particular reliable application of contract, company, insolvency, and other legal protections. 2017-08-10T21:49:32Z 2017-08-10T21:49:32Z 2010-11 Report http://documents.worldbank.org/curated/en/819341468254689208/Indonesia-Implementation-of-the-International-Organization-of-Securities-Commissions-IOSCO-objectives-and-principles-of-securities-regulation-detailed-assessment-of-compliance http://hdl.handle.net/10986/27742 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC Economic & Sector Work :: Financial Sector Assessment Program Economic & Sector Work East Asia and Pacific Indonesia |