Custodian bank is a bank that obtains consent from the Financial Services Authority (OJK) to act as a party which offers services such as providing securities deposit and other assets related to securities, and also offers other services that include receiving dividend, interest and other properties, settling securities transaction, as well as representing account holder being the bank’s customer.
Requirements and procedures for a commercial bank to be consented as custodian bank are regulated in government regulation.
Securities administrator is a company that can organize a contract-based business activities with an issuer in the matter of securities ownership registration and distribution of property related to securities, and it has obtained licence from OJK.
Data of Security Administrator
Trustee is a party that represents the interest of debt securities or sukuk holder to do demand prosecution, whether in or out of court, regarding matters related to the interest of the holder without special power of attorney.
Trustee business is performed by commercial bank and other party, which is enacted in government regulation to manage business activities as trustee. Commercial bank and other party must be registered beforehand at OJK. Requirements and procedures of trustee registration are regulated further in government regulation.
Data of Trustee
Rating agency is limited company acting as investment advisor that performs rating activities and gives ratings. Prior to performing its business, rating agency must obtain business licence from OJK.
Rating agency is obliged to carry out is rating activities independently, free from intervention of other party that uses its services, being objective and accountable in giving ratings. Rating agency can perform rating on rating objects as follow:
Supporting professions are registered professionals at the Financial Services Authority (OJK). Terms of registration and requirements are stipulated in government regulation.
These supporting professions are comprised of accountant, legal consultant, appraiser, notary, and other professions.
Accountant is the party responsible for compiling, guiding, supervising, inspecting, and improving bookkeeping and administration of companies or government agencies.
Data and information include:
Legal consultant is an expert in law who offers legal opinion to other party in the form of consultancy and is registered at OJK.
Appraiser is a party who gives assessment on a company’s assets and is registered at OJK.
Notary is a public official who has the authority to make authentic deed and is registered at OJK.
Other professions include professionals who can offer opinion or view properly according to possible development of capital market in the future, and they are registered at OJK.
Sharia Capital Market Experts are:
who provide advice and / or oversee the implementation of Sharia Principles in the Capital Market in the company's business activities and / or provide a statement of sharia suitability for sharia products or services on the Capital Market.
In carrying out its activities, the Sharia Capital Market Experts must first obtain a licence from OJK
Data of Sharia Capital Market Experts