Indonesia fines company and individuals for stock market manipulation
Indonesia fined a firm and three individuals for manipulating share prices. The move follows regulatory reforms to boost investor confidence after MSCI warnings.
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Indonesia 
ID's Financial Services Authority (OJK) has fined one company and three individuals a total of 11.05 billion rupiah for alleged stock market manipulation. The enforcement action, confirmed on February 20, 2026, targets activities that took place between 2016 and 2022. This move is part of a strategy to tighten supervision and introduce reform measures aimed at restoring investor confidence in the country's capital markets.
ID's Financial Services Authority (OJK) has fined one company and three individuals a total of 11.05 billion rupiah for alleged stock market manipulation. The enforcement action, confirmed on February 20, 2026, targets activities that took place between 2016 and 2022. This move is part of a strategy to tighten supervision and introduce reform measures aimed at restoring investor confidence in the country's capital markets.
