Stone (malangkota.go.id) – Supporting the national development plan to create an independent economy, the Financial Services Authority (OJK) is organizing "Focus Group Discussions Development of Regional Securities Companies. The activity opened by the Head of the Non-Bank Financial Industry Supervision, Capital Market and Consumer Protection Education Section of the Malang Financial Services Authority, Titiek Bariati, was held at The Singhasari Resort, Batu, Thursday (30/8).
Present at this activity was the Deputy Director of Securities Transaction Supervision of OJK, M. Arif Budiman, who read the speech of the Head of the Capital Market Supervision Department 2A.
The speakers for this activity included Devanto Sastra Pratomo, Ph.D. who spoke about Outlook Regional Economy of East Java. Representative of the Head of the East Java Office of the Indonesia Stock Exchange (IDX), namely Mrs. Dewi Srihana Rihantyasni, who delivered the Development of Potential Investors in the Capital Market in Malang, then from the OJK, Deputy Director of Securities Transaction Supervision, namely Mr. M. Arif Budiman and Head of the Securities Company Policy Development Sub-Division, namely Mr. Yonan Sarlito who delivered the Policy for the Development and Strengthening of Securities Companies as Intermediaries Capital market.
Senior OJK Analyst Pardiyono said, based on the FGD, it can be concluded that intermediaries are parties who act as intermediaries or liaisons in sales and/or purchase transactions of financial instruments. Consisting of Banking, Non-Bank Financial Industry (for example Insurance, Financing, etc.), Capital Market (Securities Companies that have Securities Trading Intermediary licenses, Securities Underwriters, Investment Managers), and Money Market.
Regional Securities Companies can add or strengthen the bridge or intermediation between fund owners and parties in need of funds in the region, synergizing with the banking sector in the financial financing system.
"It needs to be realized that the banking industry has developed before the capital market and there is a need for funding outside of banking facilities for infrastructure and non-infrastructure financing," explained Pardiyono, Thursday (30/8).
The better the financial access, the more easily the provision of funding needs. Malang has great potential seen from the growth of GDP and the consumption patterns of its people, BPR in Malang and Bank Jatim have quite high competitiveness nationally, the competitiveness of human resources in Malang is competitive.
The expected role of the Regional Securities Company is to increase regional economic growth through the creation of new jobs in the region, accelerate the growth and equalization of the number of retail investors in the region, increase the level of literacy and inclusion of the Capital Market in the region, prevent the occurrence of fraudulent investments which mostly occur in the region, and reach potential regional investors who have not been served by the Stock Exchange Member Securities Companies.
Activities and services that can be provided by Regional Securities Companies are providing offers to the public for Capital Market investments, Opening Securities Accounts, Opening Securities Accounts, Services trading limit-execution and settlement, Administration of Securities/Custodian accounts themselves, and Financing services to customers related to Securities transactions carried out by customers. (cah/yon)
