On December 29, 2023, the Indonesia's Financial Services Authority (Otoritas Jasa Keuangan or "OJK") issued a new regulation, OJK Regulation No. 29 of 2023 (the "New Regulation"), which revokes the previous OJK Regulation No....more
4/23/2024
/ Corporate Governance ,
Financial Regulatory Reform ,
Financial Services Authority ,
Indonesia ,
Investment ,
Investors ,
New Regulations ,
Publicly-Traded Companies ,
Regulatory Agenda ,
Reporting Requirements ,
Share Buybacks ,
Shareholders ,
Stock Transfer
In order to implement the mandate of Law No. 4 of 2023 on the Development and Strengthening of the Financial Sector and to ensure that reports on changes in share ownership comply with currently applicable international...more
Enactment of Additional Requirements to Remain Listed on IDX's Main Board -
On 21 December 2021, IDX issued the Decree of the Board of Directors of the IDX No. Kep-00101/BEI/12-2021 regarding the Amendment to Rule No. I-A...more
The Indonesian Supreme Court recently issued its formal view that addresses concerns of market pertaining to the interpretation of the statutory requirement for a Bahasa Indonesia version of any agreement made involving an...more
Indonesia, known for its vibrant democracy, is set to embark on a defining moment that will determine the course of its governance. This electoral event carries immense significance, as it will determine the leadership that...more
President Joko Widodo issued Government Regulation in lieu of Law of the Republic of Indonesia No. 1 of 2020 on the National Finance and Financial System Stability Policy for Handling Corona Virus Disease 2019 (COVID-19)...more
The Indonesian government has made several key changes to the foreign ownership regime for companies in the Indonesian insurance sector. Government Regulation No. 3 of 2020 on the Amendment to Government Regulation No. 14 of...more