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Global Market: Indonesia imposes record $117 million in fines for stock market violations

Indonesia’s financial regulator imposed record fines of 2.1 trillion rupiah ($116.67 million) for trading violations involving three listed companies. The crackdown targets stock manipulation and IPO disclosure breaches, addressing concerns over market transparency following MSCI’s warning about potential downgrade of Indonesian equities from emerging-market status.

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Economic TimesLean R·1h ago
Global Market: Indonesia imposes record $117 million in fines for stock market violations
Indonesia’s financial regulator imposed record fines of 2.1 trillion rupiah ($116.67 million) for trading violations involving three listed companies. The crackdown targets stock manipulation and IPO disclosure breaches, addressing concerns over market transparency following MSCI’s warning about potential downgrade of Indonesian equities from emerging-market status.
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Global Market: Indonesia imposes record $117 million in fines for stock market violations

How 1 sources are covering this