Are index providers overstepping the mark?

The Financial Times discusses concerns that index providers are stepping beyond their role by taking actions against countries like Indonesia and Turkey, suggesting this is an area better managed by local authorities. This move has sparked debate over whether these providers should be more cautious about intervening in political and regulatory decisions that are typically handled by governments. The implications touch on broader questions about the influence and responsibilities of global financial institutions in domestic affairs. For more details, check out the full article.