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SSEK Indonesian Legal Consultants
The Government of Indonesia ("GOI") has issued Government Regulation No. 3 of 2020 ("GR 3"), which amends Government Regulation No. 14 of 2018 regarding Foreign Ownership in Insurance-Related Companies.
CNPLaw LLP
This article is the third in CNPUpdate's series on Indonesia Investment Updates, and aims to provide you with a general overview of the laws and regulations governing foreign investments
Assegaf Hamzah & Partners
The OJK, Indonesia's financial services authority, recently issued a circular that allows all issuers or public companies to conduct a buyback of shares without convening a general meeting
Assegaf Hamzah & Partners
The Financial Services Authority (Otoritas Jasa Keuangan or "OJK") issued OJK Regulation No. 41/POJK.03/2019 on Merger, Consolidation, Acquisition, Integration and Conversion of Commercial Banks...
SSEK Indonesian Legal Consultants
For domestic investors, Indonesian law recognizes vari­ous corporate vehicles.
CNPLaw LLP
•establishing a general representative office (also known as a Kantor Perwakilan Perusahaan Asing, or "KPPA"); or...
SSEK Indonesian Legal Consultants
Shareholders, since they provide the capital for the company, shall have rights and responsibilities toward the company in accordance with the relevant laws and regulations in Indonesia
SSEK Indonesian Legal Consultants
There are no specific requirements or procedures for due dil­igence before acquiring a company. However, it is common and best practice for a bidder to perform due diligence on the target...
Hogan Lovells
It is public knowledge that the newly re-elected President Joko Widodo has a grand vision to transform the national economy of Indonesia from a country that relies upon its abundant
Assegaf Hamzah & Partners
A lot has happened in the past month or so, which perhaps can be said to set the tone for Indonesia for the remainder of 2019.
SSEK Indonesian Legal Consultants
Pursuant to the provisions set out in the Indonesian Company Law, the Board of Directors (BOD), Board of Commissioners (BOC)
SSEK Indonesian Legal Consultants
If a bidder decides to build a stake in a target in Indonesia, they can do so either through a direct increase in shareholding or by way of derivatives.
SSEK Indonesian Legal Consultants
The Corporate Governance guide provides expert legal commentary on rules, requirements practices adopted by businesses.
SSEK Indonesian Legal Consultants
Meanwhile, the rules on foreign ownership of insurance companies remain unsettled.
AKSET Law
The Indonesian Financial Service Authority (Otoritas Jasa Keuangan –"OJK") issued OJK Regulation No. 32/POJK.04/2015 regarding Increase of Capital for Public Companies with Rights Issue ("POJK No. 32/2015").
SSEK Indonesian Legal Consultants
In late December 2015, the Indonesian Financial Services Authority issued Regulation No. 32/POJK.04/2015 regarding Rights Issue. The New Rights Issue Rule came into effect on December 22, 2015.
Budidjaja International Lawyers
Indonesia is taking significant steps toward improving corporate governance. The lessons learnt from the Asian financial crisis of 1997-98 and the global financial crisis of 2007 were critical in initiating these reforms.
Melli Darsa & Co
This POJK 30 will come into force on April 16, 2016 on the date of which Regulation X.K.4 shall no longer in force.
Melli Darsa & Co
POJK 34 was issued to improve the national economic growth and revitalize the venture capital sector.
Melli Darsa & Co
The Indonesian Financial Services Authority ("OJK") has issued Regulation No. 32/POJK.04/2015 regarding Capital Increase with Pre-emptive Rights (the "New Rights Issue Regulation") effective starting from 22 December 2015.
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