AGMS and LKPM Reports
We would like to remind you of the Annual General Meeting of Shareholders (“AGMS”) that according to Article 78 (2) of the Company Law, must be held no later than 6 (six) months after the end of each financial year.
The AGMS will also be subject to your company’s Articles of Association. It may be held in a formal meeting or as circular resolutions.
To read the full article, please download the pdf copy below.
NEXT ARTICLES
New Merger Control Rules Which Will Apply in Indonesia
Although it is included in Indonesia’s annual national legislation program (Program Legislasi Nasional/Prolegnas) so far, the draft new Indonesian Competition Law which will replace Law No. 5 of 1999 on The Prohibition against Monopolistic Practices and Unfair Business Competition (the “Competition Law”), has not been passed.
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New Financial Sector Omnibus Law: Capital Market, Money Market, and Forex Market
Issue 3, March 2023 | This Advisory focuses on the P2SK Law’s chapter V that amends the Capital Market, Money Market and Foreign Currencies Market.
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Regulatory Sandbox of OJK
On 15 August 2018, the Financial Services Authority (Otoritas Jasa Keuangan/OJK) of Indonesia issued a new regulation on financial digital innovation in financial services (“POJK 13/POJK.02/2018”). This is a regulatory sandbox version of the OJK.
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New Financial Service Authority Regulation on Peer-to-Peer Lending
Financial Services Authority issues OJK Regulation No. 10/POJK.05/2022 on Technology-Based Collective Financing Services on 4 July 2022.
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