Tips and Strategies for Issuer Periodic Reporting: A Guide to Compliance and Transparency

In the world of capital markets, compliance with regulations and transparency of information are key to building investor trust. Issuers, as companies that offer shares to the public, have the responsibility to deliver accurate and timely periodic reports. This article will discuss the tips and strategies that issuers can adopt to meet their reporting obligations.

1. Annual Payments

One important aspect of issuer compliance is the payment of annual listing fees. Issuers are required to pay these fees in accordance with applicable regulations. Delays in payment can result in sanctions, including temporary suspension of trading in their securities. Therefore, it is crucial for issuers to schedule their payments and ensure that all financial obligations are met on time.

2. Corporate Organ Meetings

Issuers are also required to hold corporate organ meetings periodically. The Board of Directors must meet at least once a month, while the Board of Commissioners must hold meetings at least once every two months. Additionally, the Audit Committee and the Nomination and Remuneration Committee also have obligations to meet regularly. Reports regarding changes in membership must be submitted within two business days after the meeting.

3. Issuer Website

The issuer's website serves as the primary platform for disseminating information to the public. Issuers are required to have a website that presents general information, information for investors, corporate governance details, and social responsibility initiatives. The information provided must be available in both Indonesian and foreign languages, with a note that data should cover a minimum period of five years. This not only fulfills regulatory obligations but also enhances transparency and accessibility of information for investors.

4. Annual Report

The Annual Report is a crucial document that issuers must prepare and submit. This report should include details of meetings held, financial performance, and other important information. Issuers must ensure that this report is submitted to the Financial Services Authority (OJK) and published on the company’s website within the specified timeframe.

5. Sanctions and Fines

Compliance with reporting obligations is not only important for maintaining the company's reputation but also for avoiding sanctions and fines. Delays in payment can incur fines of up to 100% of the total bill, and other administrative sanctions may be imposed by the Exchange. Therefore, issuers should be proactive in managing their reporting and financial obligations.

Conclusion

Compliance with regulations and transparency of information are critical aspects for issuers in the capital markets. By following the tips and strategies discussed, issuers can ensure that they fulfill their reporting obligations effectively, build investor trust, and maintain the company's reputation. Through good management and transparent communication, issuers can contribute to the health and stability of the capital market as a whole.