Indonesia’s financial regulator has imposed record fines totalling 2.1 trillion rupiah ($116.67 million) on parties found to have violated trading rules involving three listed companies, according to a report by Reuters, citing the Financial Services Authority (OJK).
The penalties relate to trading in PT Dian Swastatika Sentosa Tbk, PT Barito Renewables Energy Tbk and PT Petrindo Jaya Kreasi Tbk, and represent the largest sanctions ever imposed by the regulator, OJK Chair Friderica Widyasari Dewi told reporters late on Wednesday, the report stated.
