OJK and KSEI Introduce Integrated Investment Fund Registration System

Enhanced Efficiency and Governance

The Financial Services Authority (OJK) and PT Kustodian Sentral Efek Indonesia (KSEI) have officially launched their integrated registration system for investment funds, marking a significant development in Indonesia's financial services sector. This new system combines OJK's Sistem Perizinan dan Registrasi Terintegrasi (SPRINT) with KSEI's Sistem Pendaftaran Efek secara Elektronik (SPEK), creating a more streamlined and efficient registration process for mutual funds.

Key Objectives and Benefits

The integration aims to achieve three primary objectives:

1. Simplify registration processes for investment fund products
2. Enhance service certainty through standardized procedures
3. Strengthen governance in the registration and management of mutual funds

Implementation and Stakeholder Involvement

The launch event was attended by key industry stakeholders, including OJK's Head of Capital Market Supervision, Inarno Djajadi, and KSEI's CEO, Samsul Hidayat. The collaboration between OJK and KSEI demonstrates their commitment to improving the regulatory framework and operational efficiency in Indonesia's capital market.

Market Impact

This development is expected to have a positive impact on Indonesia's investment fund industry by reducing processing times, improving compliance, and enhancing investor confidence through better governance. The integrated system represents a significant step forward in modernizing Indonesia's financial infrastructure.