Report
Indonesia's stock exchange plans tighter oversight after MSCI warning and market rout
Reuters reports independent academics and a foreign-investor representative could join a committee tracking concentrated share ownership.
TLDR
Indonesia's stock exchange outlined plans on Oct. 26 to add independent members to its share-ownership committee, Reuters reported. Exchange chief Jeffrey Hendrik also described investigations into possible coordinated trading and freezes of suspicious accounts, with that measure due in November. The plans follow an MSCI warning about a possible downgrade and a record two-day selloff. MSCI still classified Indonesia as an emerging market.
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