Key insights and market outlook
The Financial Services Authority (OJK) and PT Kustodian Sentral Efek Indonesia (KSEI) have implemented an integrated system combining OJK's e-Registration with KSEI's SPEK and S-INVEST systems. This integration aims to enhance administrative efficiency for reksa dana products, streamlining processes from registration to product cancellation. The new system was officially launched on December 22, 2025, addressing previous inefficiencies where documents were submitted through separate platforms.
The Financial Services Authority (OJK) and PT Kustodian Sentral Efek Indonesia (KSEI) have successfully implemented an integrated system that combines OJK's Sistem Perizinan dan Registrasi Terintegrasi (SPRINT) or e-Registration with KSEI's Sistem Pendaftaran Efek secara Elektronik (SPEK) and Sistem Pengelolaan Investasi Terpadu (S-INVEST). This integration, launched on December 22, 2025, aims to significantly enhance the administrative efficiency of reksa dana products.
The new integrated system simplifies various administrative processes for reksa dana products, including registration, amendments, and cancellation. Previously, from 2015 onwards, the registration process required both bank custodians and investment managers to submit supporting documents through separate platforms - SPRINT for OJK and S-INVEST for KSEI. This duplication of effort has been eliminated with the new system, creating a more streamlined and efficient process.
The integration is expected to benefit various stakeholders in the reksa dana industry by reducing administrative burdens and processing times. By allowing a single submission of required documents, the system enhances operational efficiency and reduces the potential for errors associated with duplicate data entry.
This development is a positive step towards modernizing Indonesia's financial infrastructure. By leveraging technology to improve regulatory processes, OJK and KSEI are creating a more investor-friendly environment that could potentially attract more investment into the reksa dana market. The integration also demonstrates the ongoing efforts of Indonesian financial regulators to enhance the country's investment ecosystem.
Integrated System Launch for Reksa Dana
Administrative Process Simplification