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

Group 1 - The discussions between IDX and MSEI focus on enhancing data transparency, particularly regarding free float and ownership structures, to align with MSEI methodologies and global best practices [2][5]. - Investors have raised concerns about low trading volumes and accessibility of certain stocks included in MSEI indices, despite their increasing market capitalizations [3][6]. - IDX has implemented a more comprehensive free float disclosure since January 2nd, which includes nine segments covering both domestic and foreign investors [4]. Group 2 - There is an ongoing effort to improve transparency regarding ultimate beneficial ownership (UBO) of stocks, especially for shareholders below the 5% threshold [7][8]. - Discussions with OJK (Financial Services Authority) aim to enhance the disclosure requirements for UBOs, potentially expanding the categories of investors similar to practices in India [8].