Indonesia exchange CEO steps down as MSCI reform pressure mounts By Prima Wirayani , Abhishek Vishnoi and Bloomberg By Prima Wirayani , Abhishek Vishnoi and Bloomberg January 30, 2026, 4:4...
HSBC Holdings, plc. (HSBC)
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Source: Fortune
rushed to roll out measures aimed at averting a downgrade and restoring confidence. Recommended Video Within hours of Iman Rachman stepping down on Friday, officials said they were preparing additional steps to support the market, including changes to the exchange's shareholding structure and higher caps on insurers' capital-market allocations. The moves capped a volatile week for Indonesian assets after the index compiler flagged concerns about transparency in Southeast Asia's biggest market, sending benchmark stocks to their worst two-day rout in nearly three decades before regulators stepped in. The Jakarta Composite Index closed 1.2% higher. “This should be seen less as blame and more as a reset,” said Mohit Mirpuri, senior partner at SGMC Capital Pte. “Periods of stress often accelerate change, and this opens the door for fresh leadership with a clear mandate to raise standards, improve market structure and reinforce investor confidence.” Sentiment had already begun to
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Sec Filings
- 1/30/26 - Form 6-K
- 1/26/26 - Form 6-K
- 1/23/26 - Form 6-K
- HSBC's page on the SEC website