Category: Capital Market & Financial Services

“Financing company can be owned up to 85% by Foreigner. It offers a wide option of financing schemes, including but not limited to investment financing, working capital, multipurpose, and others scheme based on approval from OJK. Sharia financing scheme also accommodated by having a Sharia Business Unit (Unit Usaha Syariah / UUS) for conventional financing […]

“OJK accommodates business model of Financial Technology Company in Regulatory Sandbox. The cluster business model is financial aggregator, credit scoring, claim service handling, digital dire, financial planner, financing agent, funding agent, online distress solution, online gold depository, project financing, social network and robo advisor, block-chain based, verification non-cdd, tax and accounting, and E-Know Your Customer.” […]

“Legal Due Diligence in Capital Market is required to expose the complete material facts on the issuer or public company so that the investor (shareholders) can acquire a clear understanding of the company or transaction objects and the action that it is about to take.” Corporate action is a term often used in Capital Market. […]

“Legal Due Diligence is required in the E-Money Registration to ensure the legal aspect of the company establishment, not in default, no petition for bankruptcy or suspension of debt payment obligations, and others compliance with the prevailing laws and regulations.” Bank of Indonesia Regulation No. 20/6/PBI/2018 on Electronic Money requires the Company to submit a […]

“OJK Infinity accommodates a financial technology (fintech) industries with providing Digital Financial Innovation registration before they apply for specific types of Fintech License.” Term “Fintech” or Financial Technology is something that has been commonly heard of by now, as more and more companies are implementing web/apps-based technology to support their business. However, just like every […]

“The above mentioned law and principles are expected to protect the public interest (investing public) from harmful and illegal practices and ensure the Indonesia’s Capital Market conducted in an orderly and fair manner.” Public Offering: What to know Public Offering in Indonesia is governed by Law Number 8 of 1995 on Capital Market (“Capital Market […]

“Please note that Public Offerings from Equity Crowdfunding process will not consider as Public Offerings as defined in Law No. 8 of 1995 on Capital Market if it is matched with the criteria as mentioned in Regulation Number 37/POJK.04/2018 on Information Technology Based Crowdfunding Services via Public Offerings (Equity Crowdfunding).” Information Technology (IT) development has […]

“This crypto products trading has been going for some years without any legal clarity, until the Ministry of Trade finally decided to put crypto products under the jurisdiction of commodity trading.” Most people nowadays probably have heard of bitcoin or other similar products such as Litecoin, Dogecoin, Ripple and many others. These crypto based tech […]

The definition of material fact is information or important and relevant fact on an event, incident or fact that may affect share price in share market and/or investor’s, prospective investor’s or any other person’s decision that have an interest on related fact.