Tag: financial services authority

Legal Due Diligence: What Is It and What Is It for?

Legal Due Diligence: What Is It and What Is It for? Legal Due Diligence: What Is It and What Is It for?

“In practice, legal due diligence is necessary for multiple reasons, e.g., provide information related to a certain transaction or to be provided to an outside party. Therefore, it is recommended for a company to gather understanding as to the necessity of a legal due diligence.” Based on Professional Standards of Capital Market Legal Consultant Association […]

An Update on The Material Transaction

“OJK issued the Regulation of OJK Number 17/POJK.04/2020 on Material Transactions and Alterations of Business Activities (“POJK 17/2020”). After six months from the POJK 17/2020 comes into force, the Decree of the Head of the Capital Market and Financial Institution Supervisory Agency Number. Kep-614/bl/2011 on Material Transactions and Alteration of Primary Business Activities, along with […]