“Digital banks run and operate their business mainly electronically without a physical office (excluding their head office) or using a limited number of physical offices.” The digital era has grown rapidly within the last decade. Lots of industries are now utilizing digital platform as a media to grow and reach customers. The Banking Industry is also making a move towards this digital era by realizing a concept known as “digital
“The Republic of Indonesia ratified the Hague Convention Abolishing the Requirement of Legalization. Accordingly, it will no longer require embassy legalization for categorized as public documents and replacing them with Apostille.” Public documents that issued or signed in abroad that will be used in other countries is required to get legalized to proof the authenticity of the public documents, which the procedure is quite long. To make the procedure to
”Director must conduct and maintain the Shareholders Register Book, including recording the day and date of shares transfer, change ownership, and pledge of shares or fiduciary security that the provisions of the law have been registered.” Company establishment is required to have a minimum 2 (of two) shareholders that oblige to subscribe to shares reflected in the Articles of the Association and ratified by the Ministry of Law and Human
“Financial Service Authority has stipulated Regulation No. 22/POJK.04/2021 (“POJK 22/2021”) about Multiple Voting Shares, which give more than 1 (one) Voting Rights to shareholders. The Issuers which can issue Multiple Voting Shares is the Company that uses technology to create products that increase productivity and economic growth and have a substantial social impact.” On 11 April 2022, PT GoTo Gojek Tokopedia Tbk officially listed its Initial Shares or Initial Public
“Every Electronic System Operator Provider that is operating in Indonesia is obligated to be registered.” 1. Overview of Trade Through Electronic System in Indonesia Article 1 point (3) of the Ministry of Trade Regulation Number 31 of 2023 concerning Provisions of Business Licensing, Advertising, Development, And Supervision Of Business Actors in Trading through Electronic Systems (“MoT Reg. 31/2023”) defines Electronic System Trading (EST), is trading in which a transaction is conducted
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