From January 2020, there has been a relaxation to the existing restrictions on foreign equity ownership of an Indonesian insurer, which will “grandfather” existing foreign ownership interests in excess of the 80% threshold...more
Myanmar’s recently issued Notification 25/2018 liberalises its wholesale and retail trade sectors, allowing both 100% foreign and JV entities to operate in Myanmar. This update summarises the requirements that foreign...more
Indonesia has enacted Regulation no.14/2018 on Foreign Ownership of Insurance Companies, which came into force on 18 April 2018 and confirms a maximum threshold for foreign ownership of an Indonesian insurance company of...more