History

Vision & Mision →

ProfileAbout APEI

History

Indonesia Securities Companies Association (APEI) was established by a number of directors of Securities Companies to support the national development and to maintain the sustainability of national economy for a developed and advanced Indonesia capital markets. APEI is the merged form of a number of associations - individuals and companies - in the Indonesia capital markets. The merger of the associations was completed after a number of meetings, especially the meeting on 4 November 1995 at Shangri-La Hotel, Jakarta.

As a result of the meeting, on 4 November 1995, in the meeting room of the Capital Market Supervisory Agency (BAPEPAM), witnessed by the Chairman of BAPEPAM, a Memorandum of Agreement was signed among Indonesia Securities Companies Association, Indonesia Underwriters Association, and Indonesia Investment Managers Association to merge the associations into a body named Indonesia Securities Companies Association or ASPERINDO, which subsequently changed to APEI. At present, the number of APEI members is 116 Securities Companies.

Purpose & Objectives

As stated in the Articles of Association, the purpose and objective of APEI is to increase the participation of members in:

  • The development of nation and state through the development of Indonesia capital markets.
  • To develop healthy and strong securities industry.

Functions

  • To support development of Indonesia capital markets to become international capital markets which is fair, transparent, liquid and efficient.
  • To increase the understanding and knowledge of capital markets of Indonesia society.
  • To conduct research and study related to capital markets, as opinion and input to third party, including capital market authorities.
  • To support the increase in role of national investors.
  • To support the development and increase in business for securities firms in underwriting, brokerage, and investment management.
  • To support communication and cooperation among securities firms and other related institutions in Indonesia Capital Market.
  • To organize activities related to enhancement of professionalism of the members of the Association.
  • To support fair and transparent practices of securities firms in line with the prevailing rules and regulations.
  • To support the increase in credibility and discipline of the members of the Association.
  • To organize other activities that will support the development of the industry and professionalism of securities firms.