Completing Capital Market infrastructure
Transcription
Completing Capital Market infrastructure
From the Editor This year, KSEI will implement Single Investor ID (SID). Through SID, total number of investor will be calculated more clearly for one SID represents one investor. Also, KSEI starts preparing separation of fund account to monitor Securities portfolio of investor after launching AKSes Card. By implementing separation of fund account, capital market investor can monitor mutation of Securities portfolio owned as well as the existence and movement of its fund managed by Securities Company (Exchange Member). Information about the establishment of The Indonesian Capital Market Institute is also presented in Fokuss this time. The institution of capital market profession standard education, which was opened by P3MI under the initiative of Bapepam-LK, BEI, KSEI, and KPEI, is expected to meet the professional human resource need in Indonesia capital market, which remains insufficient. As usual, we also give information about KSEI activities and statistics. Hopefully, this first Fokuss edition of the Rabbit year can serve as a useful reference to all of the readers. Enjoy the reading…! Editor Website KSEI www.ksei.co.id email [email protected] Toll Free 0800 -1- 865734 Call Center KSEI 021 - 515 2855 President Director of KSEI, Ananta Wiyogo Completing Capital Market Infrastructure A number of capital market infrastructure developments are scheduled to be realized this year by KSEI. The end-result is to improve the credibility of Indonesia capital market by giving the priority to investor interest, so people will be more confident to invest in Indonesia capital market. L ast year, PT Kustodian Sentral Efek Indonesia (KSEI) focused on the socialization of AKSes Card (Securities Ownership Reference), a facility for investor to monitor Securities portfolio owned and kept in KSEI. This year, as mentioned by the President Director of KSEI, Ananta Wiyogo, KSEI will accomplish the implementation of Single Investor Identification or SID. Badan CONTENTS 1 President Director of KSEI, Ananta Wiyogo 3 Protecting Investor with Fund Account Separation 5 The Indonesian Capital Market Institute 6 Here are the Winners of AKSes Card Socialization Competition 8 aCtivitIES & StatistiCS Completing Capital Market Infrastructure Satisfying The Lack of Capital Market Human Pengawas Pasar Modal dan Lembaga Keuangan (Bapepam-LK) through Regulation Number V.D.3 regarding Internal Control of Securities Company Performing Business Activity as Broker Dealer released on last December 28, 2010 has made SID ownership compulsory and become requirement for investor to transact in the capital market starting from February 2012. it is the reason 01 Edition Year 2011 Edition 01, 2011 why investor is expected to own such single identity this year. Through SID, total number of investor can be calculated more accurately as one SID represents one investor. Up till now, total investor can only be predicted from total Sub Securities Account recorded in KSEI. Data of such Sub Securities Accounts cannot fully become a reference of total investor as investor commonly becomes client of several Securities Companies. Consequently, the investor is recorded to have several Sub Securities Accounts. According to Ananta, from a total of 330 thousand Sub Securities Accounts, there are currently 149 thousand data ready for getting SID. And from such 149 thousand, 56 thousand of which have already owned AKSes Card. Later, with the application of regulation requiring SID ownership, each ISD owner can automati- Fokuss “SID Number will use to monitor position and mutation of Securities portfolio owned, and fund account in Payment Bank Ananta Wiyogo cally get AKSes Card. SID number will be printed on each AKSes Card. Investor will use such number to monitor position and mutation of Securities portfolio owned, and fund account in Payment Bank, which will also be applied this year. Afterwards, aside from data of investor recorded to have Sub Securities Accounts in KSEI system, C-BEST, it is targetted that investor data of Investment Fund participation unit holder recorded in ARIA system in Bapepam-LK can be consolidated in SID generated by KSEI system this year. If this can happen, it is expected that investor can see the data of Investment Fund owned in ARIA system in Bapepam-LK. “Hopefully, it can be studied this year so the data of Investment Fund participation unit can be seen through AKSes,” said Ananta. The next infrastructure addition is back-office real-time interface system. Through this facility, all data communication related to the administration of Securities transaction settlement and depository between back-office system of KSEI’s Account Holder and KSEI system can be performed real-time and automatically. Efficiency shall be created as it will reduce duplication process and manual data input in C-BEST system. KSEI, according to Ananta, will provide this server back-office interface system for free to all KSEI’s Account Holders. The server has been distributed gradually to 150 KSEI’s Account Holders since January. KSEI’s Account Holders are only required to prepare backoffice system to enable them to connect and communicate directly with C-BEST system through such interface server. This infrastructure development is conducted under Bapepam-LK guidance. “If we do not prepare the infrastructure to anticipate transaction increase in the future, Bursa Efek Indonesia will be left-behind by the investor. The improvement is also made to anticipate global exchange linkage with domestic exchange,” he said. To all KSEI participants, Ananta hopes that, as partner, we jointly maintain the credibility of Indonesia capital market. “The end-result is how we can give confidence and security to the investors. All of us have to make the investors love investing in the capital market,” said Ananta. With improved confidence of investors and proper socialization jointly performed between Exchange Members, and the support from Self Regulatory Organizations, it is expected that the target of 2 million investors can be realized soon. “Initial phase of infrastructure development must be tough. But when those things have been accomplished, future development will be easier,” he affirmed. • [Editor] Penerbit: PT Kustodian Sentral Efek Indonesia (KSEI) • Penasihat: Direksi KSEI • Dewan Redaksi: Zylvia Thirda, Dharma Setyadi, Susiyanti, Novian Harry Wibowo, Annisa Indri Hapsari, M. Ridwan • Penanggung Jawab: Bagian Komunikasi Perusahaan KSEI • Alamat Redaksi: Gedung Bursa Efek Indonesia, Tower I Lt. 5, Jl. Jend. Sudirman Kav 52-53, Jakarta 12190, Telp. 52991099, Fax. 52991199 • Sirkulasi: Bagian Komunikasi Perusahaan KSEI Protecting Investor with Fund Account Separation If within the last one year Securities portfolio can be monitored through AKSes Card website, soon there will be a facility that enables investor to monitor fund kept in Securities Company’s Account. Investor’s fund will be recorded in separate account in name of investor in bank. F Margeret Mutiara Tang curities Account based upon Single Investor ID number owned by SC’s client. With such data consolidation, investor as SC’s client can monitor the balance and mutation of owned fund kept and administered in SC through AKSes Card website. Fund separation in an account separate from SC account also enables investor to be legally registered as client in bank, so it will enable the bank to provide fund balance reporting facility in the form of regular account statement or other banking facilities, e.g.: internet banking. But, the existence of this account is not intended for fund withdrawal or debiting by client. Facilities provided for investor are limited to conduct inquiry or monitoring only. The authority to withdraw or debit such fund will remain in SC under transaction instruction from its client. But with this method, according to Margeret Mutiara Tang, Director of KSEI, investors can see whether the orders they have delivered to broker have been carried out based on the instruction or not. “This monitoring will minimize misapplication of client’s fund by irresponsible Exchange Member staff as happened several times before,” she explained. Currently, as previously explained by Setyorini W Deti Margeret, KSEI has been preparing fund account separation readiness from the side of Payment Bank first. Now, there are 4 (four) Payment Banks appointed by KSEI to deal with payment transaction in capital market, namely: Bank Mandiri, BCA, Bank CIMB Niaga, and Bank Permata. The banks, she explained, have been ready with a system for the account separation. The key lies on SC effort to conduct account opening for its clients. Referring to total Sub Securities Accounts recorded in KSEI, which are 333 thousand, it will approximately require the same figures for each SC to open accounts in its Payment Bank. Each SC “With such data consolidation, investor as SC’s client can monitor the balance and mutation of owned fund kept and administered in SC” Edition 01, 2011 Zulkifl Fokuss acilitator of Securities trading in Indonesia keeps protecting the investor interests to improve the trust toward capital market. Likewise, KSEI continues to provide the investor with secure and comfortable Central Depository Services. After launching AKSes Card last year that enables investor to monitor position and mutation of Securities owned and kept in Securities Company (SC) and registered in KSEI, this year, KSEI will apply Bapepam-LK Regulation Number V.D.3 regarding separation obligation of fund account owned by investor in SC’s fund account. Up till now, cash fund of investor or SC’s client is generally combined with other client’s fund and Sc’s fund in a fund account in name of SC in bank. Investor will receive report, mentioning how many cash fund kept in SC, from SC upon fund kept and administered by SC similar to Securities ownership record. This condition certainly cannot guarantee investor’s right upon fund owned as all funds administered by SC in bank are mixed into one. In normal condition, book-keeping records of fund owned by clients in SC correspond to funds kept in bank. Surely, it will not be a problem. However, certain cases in capital market reflected problem and inconsistency of SC book-keeping against bank records. Such cases required a process to determine and return investor’s right. Similar to implementation of Sub Securities Account separation for each SC’s client in KSEI, separation of client’s fund account requires SC to open specific account in bank per individual client. KSEI has cooperated with four Payment Banks, in which information about client’s fund account opened by SC in each Payment Bank will be consolidated with Sub Se- Edition 01, 2011 Fokuss PT Bank Central Asia TBk (BCA), acaccomplish. The barrier against the imcan choose one of the Payment Banks to cording to Head of Cash Management plementation of investor’s fund account serve its transaction in capital market. Unit, Rusdianti Salim, has conducted separation concept is a more transparInitial step taken by KSEI in February system development for investor’s fund ent mechanism change between inves2011 was socialization to SC, jointly with account separation mechanism that is tor and Exchange Member (EM), so reguthe Payment Bank. “So every Payment integrated with KSEI. “Therefore, inveslar socialization is required to make the Bank will invite SCs which have opened tor can monitor its securities and fund concept applied by the whole Exchange accounts in the bank, and jointly with accounts through AKSes application. We Members,” explained Rusdianti. KSEI, provide socialization of separate also make an approach toward Exchange Bank Mandiri, as mentioned by Difund account opening for the clients,” Member to be able to apply investor’s diek, also finds some barriers in the she said. fund account separation concept. We implementation of fund account sepaMargeret expected that fund account are ready to provide the best service ration. The biggest barrier, he said, is separation can be realized immediately for the sake of capital market business a difficulty to fulfill the account openin order to provide security to investor. continuity in Indonesia,” he said. It was ing requirements (account opening ap“Bapepam-LK expects that at the beginexplained by Rusdianti that BCA has perplication filling-in, copy of KTP/NPWP, ning of April, adjustment on such fund formed piloting project with one of Exoriginal copy of letter of authority), esaccount separation should have been change Members and keeps developing pecially for investors who have domicile started. I realize that it is not an easy job, in many areas in Indonesia. but it must be performed,” Most investors already feel she added. PT Bank Mandiri comfortable with the cur(Persero) Tbk, as one of the rent condition. “Therefore, Payment Bank, as said by the role of regulators, eiDidiek Hartantyo, Senior ther Bapepam-LK and Bank Vice President Financial Indonesia, is required by Institutions Coverage & Soreleasing joint regulation lutions Group, declared its to facilitate direct account readiness to support the opening for existing clients implementation of client’s without reducing Good fund account separation. Corporate Governance “We show such readiness Didiek Hartantyo Rusdianti Salim principles,” he added. by providing saving prodthe system that can support information To encourage EM to open fund acuct specially made for investor, which velocity. “We have been developing count for its client, the success story of is Mandiri Tabungan Bisnis Investor,” he Host-to-Host connection with KSEI and PT Bahana Securities (Bahana) can besaid. The saving, he added, is designed Exchange Member to facilitate informacome an example. Before KSEI planned to protect the investor and Sc’s interests. tion velocity required by KSEI, Exchange fund account separation for investor, “One of the saving features is investor Member, or investor,” he said. Bahana has previously performed fund cannot conduct fund withdrawal directBank Mandiri, according to Didiek, account separation in Bank CIMB Niaga ly, but it can monitor the mutation of its has also performed piloting project with as the Payment Bank of this state-owned account, either through electronic chanPT Mandiri Sekuritas that has opened securities company. Fund account nel facility provided by Bank Mandiri or new investor’s account separately by separation of Bahana clients, totaling AKSes facility from KSEI. Therefore, we 400 accounts as of October 2010, and it of 1,500 – 2,000 clients, has been conhave made enhancement on scripless went smoothly. To make the project sucducted since 1.5 year ago. The idea of interface application to conduct delivcessful, Didiek hopes that, in addition to such fund account separation, according ery of investor’s account mutation data provisions regulating securities compato Zulkifli, Assistant Vice President Head real-time. Now, the system has been ny, rules for investor that makes transacof System Development, came up from implemented,” explained Didiek. tion in capital market are also required. the Management of Bahana after client’s “If investor has not owned fund account fund misapplication case revealed and “The biggest barrier, yet up to the specified time limit, the insmudged the Indonesia capital market is a difficulty to fulfill vestor cannot make any transaction in image. The idea got positive response the account opening the capital market. The rules, either for from Bank CIMB Niaga and was applied securities company or investor, become similar to the project currently develrequirements, especially the enforcement tools for investor and oped by KSEI. for investors who have securities company who are reluctant “So to us, when KSEI requires us to domicile in many areas to comply with this new rule,” he sugseparate EM fund from client’s, it is no in Indonesia”. gested. longer difficult for us to do it as each Also of same importance is the socialclient already has separate account in ization to investors to make them aware Payment Bank. They only need to get and actively support transparent capital new Single Investor ID number to monimarket transaction, especially those who tor fund position in bank,” he added. Up have been transacting in capital market till now, Bahana gives special access of so far. “In every new product or facility ID number jointly made with Bank CIMB development, there must be barriers to Niaga to give access to investors to mon- • [Editor] The Indonesian Capital Market Institute Satisfying The Lack of Capital Market Human Resource P Indonesia capital market development deserves to be called amazing. Among the global economic crisis, Composite Stock Price Index (CSPI) of Bursa Efek Indonesia grew 87% in 2009 and booked an increase by 46.13% by the end of 2010 with a highest index record at 3,786.097 points on December 9, 2010. However, who ever suspect that the rapidly growing Indonesia capital market remains in a lack of Human Resource (HR) or professional with profession certificate condition. Currently, according to Profession Standard Committee (PSP), total number of WPPE holders (broker dealer), WPEE (underwriter), and WMI (investment manager) is only 16,539 people from profession standard test result conducted from 1992 – 2010. While the total number of profession standard test participants during 18 years period was 75,715 people, meaning that passing level of profession standard test participants in capital market was only 21.83%. The condition occurred due to the absence of education institution, activities of which are monitored by capital market authority and players. For that reason, Badan Pengawas Pasar Modal dan Lembaga Keuangan Bapepam-LK, PT Bursa Efek Indonesia (BEI), PT Kliring Penjaminan Efek Indonesia (KPEI), and PT Kustodian Sentral Efek Indonesia (KSEI) established Perhimpunan Pendidikan Pasar Modal Indonesia (P3MI). Later, BapepamLK completed it by setting up Teaching Standard Committee (KSP) through decree of Chairman of Bapepam-Lk in last November. Bapepam-LK also made revision on the performance of capital mar- “ From profession tandard test result conducted from 1992 – 2010, passing level of profession standard test participants in capital market was only 21.83%.”. Edition 01, 2011 To get the capital market socialized and to meet the professional need in capital market, Perhimpunan Pendidikan Pasar Modal Indonesia established The Indonesian Capital Market Institute by grabbing Economy Faculty of University of Indonesia as the pilot project. Fokuss itor their funds kept in Bahana. PT Trimegah Securities Tbk supports this fund account separation plan, appropriate for transparency purpose. According to Setyorini W Deti, Finance Group Head, “The most difficult thing is to ask client to complete the required document for the sub account opening in bank. As if we ask them for the same data more than once for dedicated bank account opening,” she explained. The second experience, said Deti, was a problem in making an equal process toward the application of Bapepam-LK regulation Number V.D.10 and Law Number 8/2010 regarding Know Your Customer Principles and Money Laundering Prevention, performance standardization between Securities Company and the bank. “Other similar tough experience was making cooperation agreement with the bank to make mutual synergy through this program without violating the code of ethics and respective party’s compliance.” She said. Therefore, Deti highlighted the importance of sustained socialization concerning the positive objective of fund account separation to avoid misunderstanding from investor. There is always new investor who is not aware of capital market investment and needs information, Deti said. “The socialization must be conducted through varied media. It can be in the form of brochure, newspaper and magazine, radio, public advertisement, and event involving the public, either investor or non-investor, such as: sport event, writing competition concerning investment experience in capital market, short and free seminar, etc.,” she said. Zulkifli suggested that, aside from the socialization, and as already mentioned by Margeret, investor sometime has already had access to monitor securities and fund portfolio, but does not control or open it. Not to mention, service provided by respective bank must be equal. “Specially for transaction payment purpose, Payment Bank must have similar service standard, e.g.: in determining the interest rate, and other facilities. Sometime, client comes up with a question: why did EM choose Payment Bank A or B? It will be no problem if the bank has different service for other products. But specially for capital market transaction, service standard is required,” he ended. Edition 01, 2011 Fokuss ket profession standard test, from being conducted only by PSP to other justified institution. In addition to cooperation with Economy Faculty of University of Indonesia (FE UI) in making the curriculum for first and master degrees majoring in Capital Market management, P3MI established The Indonesian Capital Market Institute (TICMI) at the end of last year. As the first phase, according to the secretary of P3MI, Yoyok Isharsaya, P3MI grabbed FEUI in opening TICMI at UI Campus, Salemba. TICMI will later become the organizer of capital market profession standard course and WPPE, WPEE & WMI tests. “Later, TICMI graduates will be equal to PSP graduates,” he said. Consequently, participants of capital market profession standard course in TICMI will automatically join profession standard test after completing the course. If one fails to pass certain study, he/she only needs to repeat the test on such study. While the tests arranged by PSP require the participant to repeat the whole studies if he/she fails to pass the determined grade. It presumptively causes the minimum passing percentage of professional. However, people who do not take capital market course in TICMI, can join the certification test performed by PSP. “It gives options to the public,” said Yoyok. In the future, TICMI will also be opened in other areas. Therefore, for the next phase, P3MI will cooperate with universities in other areas. “But probably not in the short time, within two years, we will focus on TICMI’s pilot project in FEUI first as it will require evaluation and improvement,” he added. KSP member recently comprises “TICMI will become the organizer of capital market profession standard course and WPPE, WPEE & WMI tests. Later, TICMI graduates will be equal to PSP graduates”. of 7 (seven) people represented by Chairman of Bapepam-LK, Nurhaida; Head of Law and Legal Counsel Bureau - Bapepam-LK, Robinson Simbolon; President Director of BEI, Ito Warsito; representatives of Indonesian Securities Company Association, Chaeruddin Berlian and Ricardo Silaen; academician from Sampoerna School of Business, Irwan Adi Ekaputra, and from Investment Manager, Eddy Wijoyo. TICMI has opened the first class for WPPE in the midst of February. It is expected that, according to Executive Director of TICMI, Rini Amidjono, there will be 20 forces per year with 24 students per class in respective force by using the current classroom capacity. There are three education packages provided by TICMI, Regular Class - two times a week, Intensive Class – five times a week, and Executive Class – only on Friday & Saturday. For WPPE, the training will last for 75 hours, while WPEE and WMI are 120 hours respectively. “We are responsible for the passing level which is expected to be optimal to meet the HR need in capital market. For that purpose, there will be evaluation on test result to measure the teaching effectivity. We keep making improvements, either in the education performance, teaching, facility and infrastructure, or in the profession standard test arrangement to support the capital market growth,” said the academician who is also the founder of Indonesian Council for Economics Education. Not only arrange the capital market profession standard course, Rini also expects that her institution can provide capital market socialization through education for youngsters and school kids. She also has plan to introduce capital market to housewives who have interest in capital market investment or just have intention to know more about capital market existence and its impact toward national economy. For professionals who already jump into capital market industry, TICMI will prepare refreshment class. “We will open classes to give information about recent developments, such as new regulations and products in capital market,” she said. • [Editor] N ational and first local-scaled (six months period) Socialization Program of Akses Card in 2010 have been completed. But, it leaved one activity, which was the announcement of the winners of Akses Card Socialization Competition. Therefore, KSEI arranged awarding night (Malam Anugerah) for the winners at Shangri-La Hotel – Jakarta, Wednesday, 19 January 2011. Malam Anugerah activity at the beginning of 2011 was an appreciation form KSEI delivered to Securities Companies and Journalists who have given supports for the improvement of more transparent and reliable Indonesia capital market image through Akses Card Socialization. The event was attended by finalists of Akses Card Socialization Competition among Securities Companies and finalists of Journalistic Competition of Akses Card Socialization as well as source people who supported the Akses Card Socialization in 2010. Those who were also attended the event were: Nurhaida, in her capacity as the Head of Securities Transaction and Institution Bapepam-LK, Lili Widjaya,as the Chairman of Indonesian Securities Companies Association, and Board of Directors of PT Bursa Efek Indonesia and Direksi PT Kliring Penjaminan Efek Indonesia. Having gone through administrative selection and judging process, the Committee of AKSes Card Socialization Competition has come up with 10 Securities Companies providing their best efforts in AKSes Card Socialization from a total number of 42 Securities Companies participants. Besides, the Committee also selected 510 articles and got the best 10 printed articles and 10 online articles. In this inauguration program, special awards and rewards were given to the best 2 online articles, the best 3 printed articles, and the best 3 Securities Companies. The winners for the best online article category are Abd Rahman Mawazi from Tribun Batam as the Winner I with an article of “AKSes Card to minimize stock trading risk”, and Winner II went to Eva Martha Rahayu from Swa Magazine with an article of “Saving investor right through AKSes Card.” On printed article category, there were 3 winners, namely: Ema Damayanti from Tribun Pekanbaru with an article of “Take Optimum Benefit from Investor through AKSes Card” (Winner I), Fadmi Sustiwi from Kedaulatan Rakyat with an article of “With a little concern, Investor shall sleep tight” (Winner II), and Kormensius Barus from Here are the Winners of AKSes Card Socialization Competition • Menanti Tuah Kartu AKSes Berkah Investor (Businessreview.co.id) • Menyelamatkan Hak Investor Melalui Kartu AKSes (Swa.co.id) • Kartu AKSes untuk mengurangi Resiko Bermain Saham (Tribunbatamnews.com) • Perkuat Pengaman Pasar Modal Via Kartu AKSes (Neraca.co.id) • Sosialisasi Kartu AKSes, Penghapus Trauma Melindungi Investor (Suaramerdeka Cybernews) • Kartu AKSes bermasalah, KSEI Beri Solusi (Businessreview.co.id) • Penggunaan Kartu AKSes 'Early Warning' bagi investor (Businessreview.co.id) • AKSes tak sekedar informasi Tapi Kunci Keterbukaan (Suarasuarabaya online) • Genggam Kartu AKSes, Jaminan Investasi, Perlindungan dan Transparansi (Businessreview.co.id) • Kartu AKSes Kurangi Resiko Investasi Pasar Modal; Butuh Sosialisasi di Indonesia Timur (fajar.co.id) Finalist Jurnalistics Competition Printed Article Category: • Data Tersimpan, Investasi Aman (Seputar Indonesia) • Berdayakan Investor Lewat Kartu AKSes (Tribun Pekanbaru) .•Mendongkrak Kredibilitas Bursa Lewat Kartu AKSes (Warta Ekonomi). • Pantau Investasi Bersama AKSes (Business Review) • Sosialisasi Kartu AKSes, Tantangan dan Harapan (Radar Surabaya) • Menjaring Investor Lokal dengan Kartu AKSes (Medan Bisnis) • Sedikit Peduli, Investor Akan tidur Nyenyak (Kedaulatan Rakyat) • Menggugah Hak Investor Melalui Kartu AKSes (Harian Global-Medan) • Investasi Pasti Aman, Tidurpun Jadi Nyaman (Riau Pos) • Aman dengan Kartu AKSes (Neraca) Finalist Competition AKSes Card Sozialization among Securities Company: • PT Equity Securities Indonesia • PT Kresna Graha Sekurindo Tbk • PT BNI Securities • PT Intiteladan Arthaswadaya • PT CIMB Securities Indonesia • PT Panin Sekuritas Tbk • PT Reliance Securities • PT Sinarmas Sekuritas • PT Indo Premier Securities • PT Panca Global Securities Business Review with an article of “Monitor Investment by AKSes.” For AKSes Card Socialization Competition among Securities Companies, among 10 selected finalists, special awards were given to 3 Securities Companies which have given their best supports in conducting AKSes Card Socialization. They were: PT Equity Securities Indonesia, PT Kresna Graha Sekurindo Tbk, and PT BNI Securities. Eventhough AKSes Card Socialization Competition among Securities Companies was not participated by all active and registered Securities Companies in KSEI, a number of Securities Companies kept trying their best efforts to provide an optimum socialization result up to the end of judging period. Total AKSes Card ownership, staffs’ competence of Securities Companies in giving AKSes Card information to the clients, and attendance level of investors in investor gathering arranged by KSEI were several valuation points being assessed by the grand jury in selecting the best 10 Securities Companies in AKSes Card Socialization. In his speech in Malam Anugerah, President Director of KSEI, Ananta Wiyogo, showed his appreciation to the winners of socialization competition. “We would like to congratulate you, all Securities Companies and media partners, on your achieve- • [Editor] “As of 17 January 2011, total number of AKSes Card ownership was 48,638. It was increased by 270% compared to May 2010 when AKSes Card socialization was started.”. Fokuss Finalist Jurnalistics Competition Online Article Category : ments. Hopefully, we can improve our cooperation in 2011 and years ahead in order to create a transparent and reliable Indonesia capital market,” said Ananta as an expression of gratitude to Securities Companies and media partners for their cooperation in AKSes Card Socialization. In connection with the judging result of AKSes Card Journalistic Competition, Didik Supriyanto, who was one of the juries, commented, “Straight news or feature has the same opportunity to win a journalistic competition. Competent source person selection, once again, can discern the article impact toward the reader target. This is an important factor we’ve got from the judging period.” As of 17 January 2011, total number of AKSes Card ownership was 48,638. It was increased by 270% compared to May 2010 when AKSes Card socialization was started. KSEI believed that it was due to good cooperation between Securities Companies and media. In order to increase the AKSes Card ownership, KSEI will not only continue the local-scaled socialization in Palembang, Solo, Balikpapan, Singkawang, Makassar, and Manado, but also arrange Journalistic Competition of AKSes Card socialization Phase 2. Congratulation to all winners..! Edition 01, 2011 AKSes Card Socialization Competition, which was started on June up to December 2010, has ended. Awarding night was held by KSEi as a form of appreciation to all competition participants. Who are the winners? activities Socialization of KSEI’s Service Products KSEI arranged socialization of service products for KSEI’s Account Holders on December 29, 2010 at Graha Niaga - Financial Club, Jakarta. It was attended by 200 participants who were representatives of Securities Companies, Custodian Bank, and Payment Bank. The agenda of such socialization were Single Investor Identification (SID), Straight Through Processing (STP), and Fund Separation or separation of investor’s fund account. Hopefully, Account Holders got proper information about the benefits of those service products from such socialization. • The Selection of KSEI’s New Payment Bank As the initial process of new Payment Bank selection for the period of 2011 – 2015, KSEI performed Request For Proposal delivery activity to representatives of 15 (fifteen) bank invited at Hotel Mulia Senayan, Jakarta on Wednesday, February 16, 2011. This activity was conducted in connection with the termination of agreement with Payment Bank of 2009 – 2011 period on the coming July 2011. The selection of Payment Bank is intended to enable KSEI and the Payment Bank to manage funds of Account Holders for exchange transaction settlement purpose through a system that is connected to KSEI’s main system. 2010 Year-end Press Conference On last December 30, 2010, Bapepam-LK, jointly with BEI, KPEI, and KSEI, organized 2010 Year-end Press Conference to mark the Exchange trading closing in 2010. The event, which was held at BEI gallery, 1st floor, was opened by the Chairman of Bapepam-LK, Ahmad Fuad Rahmany, accompanied by Ito Warsito, Hoesen, and Ananta Wiyogo as the President Directors who delivered information about Indonesia capital market performance throughout 2010. As the closing remark, button-pressing was performed by the Vice-Minister of Finance, Anny Ratnawati, officially announcing the ending of 2010 exchange trading at PT Bursa Efek Indonesia. The closing Composite Stock Price Index reached 3,703.512 point at that time. Edition 01, 2011 • Fokuss • statistics Settlement Frequency ”Over The Counter” (Period of Januari - Desember 2010 dan Januari 2011) Total Distribution “Corporate Action” Period of Januari - Desember 2010 dan Januari 2011 Jan - Des 2010 Dana Jan 2011 Rp (triliun) USD (juta) Rp (triliun) USD (juta) Equity (Dividen dan Exercise) 42,87 80,84 7,98 0,00 Debt (Bunga dan Pokok) 29,09 12,94 2,67 0,00 Total Dana 71,96 93,78 10,65 0,00 Efek (Jumlah/Unit Efek) (Jumlah/Unit Efek) Saham 101,87 miliar 15,33 miliar Waran 11,45 miliar 144,50 juta HMETD 130,93 miliar 77,26 miliar Total Asset in C-BEST (Period of Januari - Desember 2010 dan Januari 2011) (in trillion rupiah) Total of Sub Securities Account in C-BEST” (Period of Januari - Desember 2010 dan Januari 2011)