Following the mandate introduced under Law No. 4 of 2023 on the Development and Strengthening of the Financial Sector, which aims to further develop and strengthen the capital market sector, the Financial Services Authority (Otoritas Jasa Keuangan – “ OJK ”) has adjusted existing provisions and introduced a new regulatory framework governing issuers and public companies through the issuance of Regulation No. 45 of 2024 (“ Regulation 45/2024 ”). [1]
Ready to Go Public? OJK Now Let Issuers Launch Initial Offerings in Just 3 Days
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