The Indonesian Securities Investor Protection Fund (Indonesia SIPF) is a new company established by the Financial Services Authority (OJK) in 2013. The company was established as a subsidiary of three Self Regulatory Organizations (IDX, KSEI and KPEI) with an equal portion of paid-in capital. Indonesia SIPF is an institution that aims to provide protection for capital market investors who lose their funds or shares due to fraud committed by the broker management they face. As of January 2, 2021, the maximum compensation to investors through the Investor Protection Fund is IDR 200 million per investor or IDR 100 billion per Custodian. As the only institution that protects capital market investors in Indonesia, Indonesia SIPF has the responsibility to protect the total assets of investors worth IDR 4,552 Trillion managed by securities brokers (June 2021). Indonesia SIPF will start operating as an investor protection fund operator in January 2014, marked by the acceptance of 114 securities companies in Indonesia as members. Currently Indonesia SIPF has 125 members (103 securities and 22 custodian bank). In connection with its role in protecting approximately 3.2 million investors (June 2021) of the stock market in Indonesia, Indonesia SIPF will collect membership fees and annual fees from its members starting January 2014.