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Function
According to the
Law of the Republic of Indonesia No. 8 concerning the
Capital Market, guidance, regulation, and day-to-day
supervision of capital market is provided by Bapepam in
order to implement an orderly, fair, and efficient
capital market activities and protect the interests of
investor and public.
According to Article 3 Minister of Finance Decree
No:503/KMK.01/1997 concerning Organization of Capital
Market Supervisory Agency, the functions of Bapepam are:
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drafting Capital Market rules and
regulations; |
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guiding and supervising any Person
granted business license, approval, registration
from Bapepam and other Person related to Capital
Market; |
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establishing disclosure principles
for Issuers and Public Companies; |
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settlement of the objection by
Person imposed sanction by Stock Exchange,
Clearing Guarantee Corporation, and Central
Securities Depositary; |
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establishing Capital Market
accounting standards; |
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protecting technical implementation
Bapepam's main function according to the policy
required by Minister of Finance and based on the
Law. |
In implementing the function, Bapepam has the authority
to grant:
Reporting
Any Person granted business license, individual license,
registration, approval, and registration statement form
Bapepam is required to submit report and disclosure of
information to Bapepam.
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