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
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