JAKARTA (Yosefardi) – The Financial Services Authority (OJK) will improve the market conduct in preventing the investment tricks, by issuing a specific regulation.
The market conduct will be adressed both for banking sector, capital market, and non bank institutions.
OJK had in August 1, 2014 released the new regulation which focuses on the market conduct. But it would issue a special regulation which supports the supervision or monitoring over the said market conduct.
Under the new regulation formulated by OJK, the financial and invesment services providers are required to educate their clients.
The regulators have only previously focused their supervision or monitoring on the prudent management on the liquidity and capital of the financial and investment services providers.