Amendment to Financial Services Authority Circular Number 8/SEOJK.04/2020 Concerning Margin Contributions Based on Transaction Value

To:

1. The Board of Directors of PT Indonesia Stock Exchange;
2. The Board of Directors of PT Indonesia Stock Clearing and Guarantee Corporation;
3. The Board of Directors of PT Indonesia Central Securities Depository; and
4. The Board of Directors of Clearing Members,

At their respective locations.

COPY

FINANCIAL SERVICES AUTHORITY CIRCULAR
REPUBLIC OF INDONESIA
NUMBER 10 /SEOJK.04/2022

CONCERNING
AMENDMENT TO THE FINANCIAL SERVICES AUTHORITY CIRCULAR NUMBER 8/SEOJK.04/2020 CONCERNING MARGIN CONTRIBUTIONS BASED ON TRANSACTION VALUE

To provide a special incentive for structured warrant transactions maturing in connection with the establishment of the Financial Services Authority Regulation Number 8/POJK.04/2021 concerning Structured Warrants, it is necessary to amend the Financial Services Authority Circular Number 8/SEOJK.04/2020 concerning Margin Contributions Based on Transaction Value, hereinafter referred to as SEOJK 8/2020, as follows:

I. Several provisions in SEOJK 8/2020 are amended as follows:

1. Provision letter I is added with 1 (one) letter, namely letter 9, which reads as follows:

2. Structured Warrants are securities issued by an issuer that grant the holder the right to buy or sell the underlying structured warrant at a specific price and time.

3. Provision letter II letter 2 is added with 1 (one) letter, namely letter d, which reads as follows:

-2-

This copy corresponds to the original
Legal Director 1
Legal Department signed
Mufli Asmawidjaja

d. Exchange transactions of maturing Structured Warrants, amounting to 0.003% (three ten-thousandths) of the issuance value of the Structured Warrants.

II. The provisions in this Financial Services Authority Circular shall take effect as of the date of determination.

Determined in Jakarta on 29 June 2022

EXECUTIVE HEAD
CAPITAL MARKET SUPERVISOR
FINANCIAL SERVICES AUTHORITY
REPUBLIC OF INDONESIA,

signed
HOESEN