On 14 December 2018, the Financial Service Authority (Otoritas Jasa Keuangan– “ OJK ”) officially published (“ RPOJK ”) in order to solicit public responses, which may be submitted up until 15 March 2019. [1] If enacted, RPOJK will ultimately replace Decree of the Head of the Capital Market and Financial Institution Supervisory Agency (“ BAPEPAM-LK ”) (“ Rule IX.E.2 ”). [2] In essence, the RPOJK addresses the following matters:
Draft Regulation on Material Transactions and the Alteration of Business Activities
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