Category: Article

Legal Due Diligence on the Payment System Licensing

Legal Due Diligence on the Payment System Licensing Legal-Due-Diligence-on-the-Payment-System-Licensing

“According to Bank Indonesia Regulation on Payment System Provider and Payment System Infrastructure Provider, the licensed applicant required legal due diligence from an independent law consultant.” Starting from 1 July 2021, Bank Indonesia, through Bank Indonesia Regulation No. 22/23/PBI/2020 on Payment System (“PBI 22/2020”), has reformed the payment system provisions digitalization and innovation of payment […]

Issuance of the Debt Securities without Public Offering

Issuance of the Debt Securities without Public Offering Issuance-of-the-Debt-Securities-without-Public-Offering

Issuance the Debt Securities without Public Offering “The issuance of EBUS without Public Offering still requires the submission process to the OJK, rating/guarantee process, using an arranger and monitoring agent (for non-public company), and registration in Indonesia Central Securities Depository.” To obtain business development funding, the company has an alternative in various financial instruments based […]