REPUBLIKA.CO.ID, JAKARTA - Financial Services Authority (OJK) will simplify the small medium enterprise or SME's public offering requirements in 2014 to enhance strategic role of capital market as one of accessible funding sources.
"The new measure will be effective for industry as well as an attractive investment for community," Head of OJK's Board of Commissioners, Muliaman D Hadad said recently.
The new measure is including in electronic registration (e-registration) and assessment of self registration. OJK will also release a program to expand investor base to increase supply side investment, such as increasing distribution channels to mutual fund transaction through banks and online.
OJK will standardize the reporting system over issuer's financial statement, such as single identity investor development for securities companies issuers, securities administration customers and custodian, as well as development of electronic trading platforms for securities transactions.