JAKARTA - Indonesia Securities Investor Protection Fund (SIPF) expects the IPF to reach Rp 85-86 billion in 2014.
"As of now, the IPF amount of money is RP 45 billion and next year it is aimed to stand firmly around Rp 85-86 billion", said by the CEO of Indonesia SIPF in Jakarta.
He asserts that the current IPF is acquired from initial membership fee paid by Indonesia Stock Exchange (IDX), Securities Clearing and Guarantee Institution (Kliring Penjaminan Efek Indonesia/KPEI), and Securities Depository and Settlement Institution (Kustodian Sentral Efek Indonesia/KSEI). "They (IDX, KPEI, and, KSEI) contributed Rp 15 billion for initial (contribution) fund", said by Yoyok Isharsaya.
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