In addition, I.B. Aditya Jayaantara as the Deputy Commissioner for Issuer Supervision, Securities Transactions, Special Audits, Financial Derivatives, and Carbon Exchange Supervision (DKTK) of OJK has also submitted his resignation.
Mahendra Siregar in a statement on Friday said that the resignation represents a moral responsibility to support the necessary recovery measures.
The resignation has been officially submitted in accordance with applicable laws and regulations and will be further processed according to the mechanisms stipulated in Law Number 21 of 2011 concerning the Financial Services Authority (OJK), as reinforced by Law Number 4 of 2023 concerning the Strengthening and Development of the Financial Sector (UU P2SK).
In this regard, the duties and responsibilities of the three officials will be temporarily carried out in accordance with applicable laws and governance to ensure the continuity of policies, supervision, and services to the public and financial services industry players.
On this occasion, the OJK conveyed its commitment to maintaining public trust and financial services industry players by implementing the principles of good governance, transparency, and accountability in all institutional processes.
Previously, President Director of the Indonesia Stock Exchange (IDX), Iman Rachman, also announced his resignation this Friday.
According to Rachman, his resignation was a form of responsibility for the recent condition of the Indonesian capital market.
"Although our condition has improved this morning, I would like to convey that as the President Director of the Indonesia Stock Exchange (IDX), and as a form of my responsibility for what happened the past two days, I hereby declare my resignation," he stated.
On the occasion, he expressed his expectation that Indonesia’s capital market would remain on a positive trajectory.
"I hope for the best for our capital market. With my resignation, I hope it will improve our capital market," he remarked.
On Thursday (January 29), the IDX temporarily halted trading at 9:26 a.m. Jakarta Automated Trading System (JATS) time, following an 8 percent decline in the Jakarta Composite Index (JCI).
During that first trading session, the JCI fell 665.89 points, or 8.00 percent, to 7,654.66. Trading resumed at 9:56 a.m. JATS time without any changes to the trading schedule.
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Translator: Muhammad Heriyanto, Resinta Sulistiyandari
Editor: Azis Kurmala
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