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Regulation on Information Technology Based Collective Financing Services

August 30, 2022

Author: Vania Aqilla Cahyaningrum with Adam Kausar “The Financial Service Authority (OJK) issued POJK No.10/POJK.05/2022 to respond to the developing area of Peer Peer Lending business in Indonesia. The main aspects that have been changed are the capital requirement, controller shareholder, licensing procedure, and minimum equity.” By 4 July 2022, the Financial Service Authority (“OJK”) issued OJK Regulation No. 10/POJK.05/2022 on Information Technology Based Collective Financing Services (“POJK 10/2022”). It

Understanding Limited Liability Company Acquisition Process in Indonesia

August 16, 2022

“An Acquisition is held to the passing of control of the Company by acquiring shares. The acquisition can be held through the Company’s Board of Directors or directly through the Shareholder.” In the event of business interest, Company usually has a strategy to expand their business or accelerate the growth of a Company. One of the ways is by carry out restructuring in the form of acquisition. 1. Definition of

A Guide to Arbitration Proceeding in Indonesia

July 28, 2022

“In accordance with the prevailing laws in Indonesia, an arbitration proceeding can be broken down into multiple steps. Such steps are essential to be understood by business actors in order to determine the forum of settlement desired should a civil dispute arise therebetween.” In Indonesia, civil disputes can be settled through multiple ways. Generally, any civil dispute can be settled by filing a claim to the general judiciary or the

The Mandatory Agenda of the Annual General Meeting of Shareholders in Indonesia

July 26, 2022

“The annual General Meeting of the Shareholders holds within 6 (six) months at the latest after the financial year ends.” Company certainly has many activities every year. Within the corporation there are also running organs such as the Board of Directors, Board of Commissioners, or Staff and there are also Shareholders of the Company. As a form of accountability report for activities carried out by the Company within 1 (one)

The Substantial Things in Drafting and Legalization of Company Regulation

July 18, 2022

“While company regulations have been regulated by the prevailing Manpower Law, there are many other matters which need to be stipulated specifically by the company regulation so that the company regulation can be legalized by the Manpower Authorities and binding within the company.” Under the Law No. 13 of 2003 concerning Manpower (as has been modified by Law No. 11 of 2020 concerning Job Creation, which hereinafter shall be collectively

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Regulation on Information Technology Based Collective Financing Services

Understanding Limited Liability Company Acquisition Process in Indonesia

A Guide to Arbitration Proceeding in Indonesia

The Mandatory Agenda of the Annual General Meeting of Shareholders in Indonesia

The Substantial Things in Drafting and Legalization of Company Regulation