IDClear Held FGD related to Mutual Fund for SLB
March 25, 2024IDClear held a Focus Group Discussion (FGD) themed "Exploring Business Opportunities and Benefits of Securities Lending & Borrowing Activity for Investment Managers". The activity held on March 25, 2024 was attended by representatives of OJK, SRO, APME, Investment Managers, Associations and Korea Investment Management.
The event is expected to provide an effective discussion with OJK, SRO and capital market participants on potential new opportunities for mutual fund participation in Securities Lending & Borrowing activities. In addition, this FGD was also conducted to complete the study and preparation of RPOJK provisions as a derivative of Law Number 4 of 2023 concerning Development and Strengthening of the Financial Sector (PPSK Law).
The material presented by the speakers, namely representatives of the IDX and IDClear, as well as Korea Investment Management, is expected to increase the knowledge and understanding of the actors on business opportunities from mutual fund SLB transactions and the implementation of best practices that have been implemented in other countries.