Expertise: Pasar Modal & Sekuritas

Tech Listings in Indonesia May Benefit from OJK Rule

Indonesia\'s Financial Services Authority (Otoritas Jasa Keuangan or \"OJK”) has issued a rule that may provide a sweetener for tech startups to undertake an initial public offering (\"IPO”) in Indonesia. OJK Rule No. 22/POJK.04/2021 on the Stipulation of a Share Classification with Multiple Voting Rights by Issuers with Innovation and High Growth Rates Conducting a Tech Listings in Indonesia May Benefit from OJK Rule

Going Online: Indonesia’s OJK Establishes Mechanism for Electronic Securities Offering

Indonesia’s Financial Services Authority (Otoritas Jasa Keuangan or “OJK“) has issued OJK Regulation No. 41/POJK.04/2020 regarding the Implementation of Electronic Securities Offerings in the Form of Equity Securities, Debt Securities and/or Sharia Bonds (Juli 2, 2020) (“Regulation“). The Regulation stipulates that offerings of equity securities, debt securities and sharia bonds be done electronically, with the Going Online: Indonesia’s OJK Establishes Mechanism for Electronic Securities Offering