Tag: sanction

Affiliated Transactions Prohibition for Securities Crowdfunding Company

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 […]

Renewal Procedure of the Company Regulation

Renewal Procedure of the Company Regulation Renewal Procedure of the Company Regulation

“Based on the prevailing manpower regulations in Indonesia, company regulation must first be approved by the Manpower Agency in order to apply internally in the company. Furthermore, prior to the expiry of the validity of the company regulation, the company must conduct a renewal of the company regulation in order to stay compliant with the […]