Open Access. Powered by Scholars. Published by Universities.®

Law Commons

Open Access. Powered by Scholars. Published by Universities.®

Civil Law

Universitas Indonesia

2021

Custody

Articles 1 - 1 of 1

Full-Text Articles in Law

Dematerialisasi Efek Bersifat Ekuitas Berupa Saham Di Pasar Modal, Rizki Kartika Maharani Nov 2021

Dematerialisasi Efek Bersifat Ekuitas Berupa Saham Di Pasar Modal, Rizki Kartika Maharani

"Dharmasisya” Jurnal Program Magister Hukum FHUI

PT Kustodian Sentral Efek Indonesia (KSEI) plans to implement full dematerialization of Equity Securities in the form of shares in the Capital Market as an effort to comply with the CPSS-IOSCO recommendation for a comprehensive dematerialization of Equity Securities in the Indonesian Capital Market. As stated in the Principles of Financial Market Institution (PFMI) principle 11 which states that “A CSD should maintain securities in an immobilized or dematerialized form for their transfer by book entry. Where appropriate, a CSD should provide incentives to immobilize or dematerialise securities”. With the full dematerialization of Securities in the form of shares, all …