Jakarta (ANTARA News) - Financial Services Authority (Otoritas jasa Keuangan/OJK) has issued operation or business license of Indonesia Securities Investor Protection Fund (SIPF) as an institution that runs and manages the investor protection fund in Indonesia capital market.
The Corporate Secretary, Rizky Sochmaputra, in a press conference in Jakarta on Tuesday, asserts that Indonesia SIPF is expected to boost the confidence of investors to engage in Indonesia capital market.
"With the issuance of business license and the appointing of Board of Commissionaires and Board of Directors for 2013-2016 tenure, starting from October 1, 2013, Indonesia SIPF will also be entitled to run and manage the investor protection fund", said by The Corporate Secretary.
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