The Financial Services Authority has been able to complete the Roadmap for the Development Of Derivative Market for Capital Market Instruments 2026–2030.
The roadmap reflects OJK’s steadfast commitment to strengthening the foundations of Indonesia’s capital market, particularly in building a liquid and credible financial derivatives market that is protective of investors and capable of mitigating systemic risks.
Indonesia’s financial derivatives market needs better supervision, more diverse products, and greater engagement and protection of institutional investors. The existing clearing and trading infrastructure, alongside risk management standards, must be calibrated with international best practices and benchmarks. This imperative mandates a comprehensive and measurable policy framework that aligns seamlessly with the core mandate of strengthening investor protection and mitigating systemic risks.
This roadmap’s four strategic pillars serve as the foundation for developing securities-based financial derivatives in the country:
Pillar I – Strengthening Investor Protection
Pillar II – Intermediary Harmonization and Supervision
Pillar III – Market Development
Pillar IV – Infrastructure Efficiency
Each pillar is delineated across short, medium, and long-term horizons and through their implementation the OJK aims to foster a more prudent and sustainably oriented derivatives ecosystem. Key targets include reinforcing investor protection mechanisms, standardizing capital requirements, facilitating introduction of new products, raising market liquidity, and ensuring adherence to international standards such as the Principles for Financial Market Infrastructure. It also aims to advance clearing and guarantee institutions toward qualified central counterparty status.
The roadmap underscores that synergy among regulatory authorities is essential for the effective reform of the financial derivatives market. Likewise essential are better coordination of regulatory frameworks, integrated reporting and supervisory mechanisms, and cross-sectoral policy alignment. In addition, the active participation of industry, relevant associations, market participants, and other stakeholders remains a cornerstone
Download Roadmap for the Development of Derivative Market for Capital Market Instruments 2026-2030.
