Client Alert: Streamlining Public Offerings, Tightening Buybacks, Expediting Disclosures and Strengthening Professional Standards in the Capital Market Sector

Client Alert

Monday, 30-09-2024

OVERVIEW

Indonesia’s Financial Services Authority (OJK) has introduced the Draft POJK to strengthen and modernize the country’s capital markets. 

This new regulation aims to address key issues, such as reducing the effectiveness period for registration statements, clarifying procedures for share buybacks under adverse conditions, shortening the disclosure period for material information, and tightening the requirements for capital market supporting professionals. These changes are designed to enhance market efficiency, improve transparency, and promote compliance in a rapidly evolving financial landscape. 

As Indonesia’s capital market continues to grow, these updates will provide investors with quicker access to opportunities while ensuring a stronger regulatory framework. Understanding and adapting to the new Draft POJK is essential for all market participants to stay compliant and competitive in the future.

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