Affiliated Transactions Prohibition for Securities Crowdfunding Company
Author: Felicia Cindy Hanubrata “The Regulation of Financial Services Authority have laid out several activities that a Crowdfunding Company are prohibited from doing, including having affiliated relationship with an issuer” As defined in Article 1 Point 6 of Regulation of the Financial Services Authority No. 57/POJK.04/2020 of 2020 concerning Securities Offering through Technology-Based Crowdfunding as has been recently amended by Regulation of the Financial Services Authority No. 16/POJK.04/2021 of 2021
