FTSE Russell keeps Indonesia’s market status unchanged, continues reform review
The index provider says it is assessing the effectiveness of recently implemented reforms
FTSE Russell maintains Indonesia's market classification as a Secondary Emerging market and continues its review of capital market reforms, according to its latest fixed-income country classification announced on October 7. The index provider postponed several index changes for Indonesia at its previous review meetings in March, June, and September 2026, citing concerns over transparency and investability of the country's capital markets, which rank among the worst performers in Emerging Asia.
Indonesia has introduced several reforms, such as improved shareholder disclosure, broader investor classification categories, minimum free float requirements, and enhanced market surveillance tools. FTSE will monitor the implementation and effectiveness of these measures and seek feedback from market participants. Additionally, the index provider is keeping an eye on settlement funding requirements in South Korea as authorities work to bolster settlement liquidity and alleviate the financial pressures linked to settlement progress payments.
Written by urgent.news from The Business Times - Companies & Markets's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
