Indonesia Stock Exchange vows to work with the MSCI on more transparency

• IDX is discussing with MSCI and financial authorities (OJK/FSA) to improve data transparency, especially for free float and ownership structures.
• The exchange aims to ensure alignment with MSCI's methodologies and global best practices to strengthen overall market discipline.
• IDX is working to enhance disclosure of Ultimate Beneficial Owners (UBOs), including for shareholders below 5%, drawing parallels with practices in India.

The Indonesia Stock Exchange (IDX) is actively engaging with MSCI and local regulators to address concerns about market investability and potential downgrades. Efforts are focused on enhancing data transparency, particularly regarding free float and ownership structures, and aligning with global best practices.