OJK Amends Provisions on GMS for Publicly Traded Companies

The Financial Services Authority (Otoritas Jasa Keuangan– “OJK”) has recently issued Regulation No. 10/POJK.04/2017 (“Amendment”), which amends OJK Regulation No. 32/POJK.04/2014 on the Planning and Organization of General Meetings of Shareholders for Publicly Traded Companies (“Regulation 32/2014”).In essence, the Amendment is aiming to increase protection for minority shareholders by adding new provisions which address the following matters: [1]