INKRAH Law ·
Indonesia
· Hukum Pasar Modal
Capital Market
Pasar Modal
Undang-Undang No. 8 Tahun 1995
UU No. 8 Tahun 1995, diubah terakhir dengan UU No. 4 Tahun 2023 (Pengembangan dan Penguatan Sektor Keuangan/P2SK).
Bahasa Indonesia
Key Subject Matter
UU No. 8 Tahun 1995 tentang Pasar Modal mengatur penawaran umum, perdagangan efek, lembaga dan profesi penunjang, serta larangan seperti perdagangan orang dalam dan manipulasi pasar. Diperbarui melalui UU No. 4 Tahun 2023 (P2SK).
English (British)
Key Subject Matter
Law No. 8 of 1995 on the Capital Market regulates public offerings, securities trading, supporting institutions and professions, and prohibitions such as insider trading and market manipulation. It was updated by Law No. 4 of 2023 (Financial Sector Development and Strengthening).
INKRAH Note
Supervisory authority now rests with the OJK; read alongside the relevant OJK regulations and exchange rules for the full picture.
Disclaimer: INKRAH Law reproduces the text of legislation for information and educational purposes only, and covers solely statutes made by the legislative and executive branches. The text may contain typographical or translation errors; always verify its authenticity and official version at the JDIH (official legal-documentation portal) of the relevant executive or legislative institution. To confirm whether a regulation is still in force, please visit the relevant institution's official website, and take note of any judicial review granted by the Supreme Court (MA) or the Constitutional Court (MK). English and other foreign translations here are unofficial.
Article by Article
Ketentuan Umum
Article 1
— Definition of Capital Market
Bahasa IndonesiaPasar Modal adalah kegiatan yang bersangkutan dengan Penawaran Umum dan perdagangan Efek, Perusahaan Publik yang berkaitan dengan Efek yang diterbitkannya, serta lembaga dan profesi yang berkaitan dengan Efek.
English (British)The Capital Market is the activity concerned with public offerings and trading of securities, public companies in relation to the securities they issue, and the institutions and professions relating to securities.
Perdagangan Efek
Article 95
— Insider Trading Prohibition
Bahasa IndonesiaOrang dalam dari Emiten atau Perusahaan Publik yang mempunyai informasi orang dalam dilarang melakukan pembelian atau penjualan atas Efek:
a. Emiten atau Perusahaan Publik dimaksud; atau
b. perusahaan lain yang melakukan transaksi dengan Emiten atau Perusahaan Publik yang bersangkutan.
English (British)An insider of an issuer or public company who possesses inside information is prohibited from buying or selling the securities of:
a. that issuer or public company; or
b. another company that transacts with the issuer or public company concerned.
