OJK Regulation No. 45 of 2024 on the Development and Strengthening of Issuers and Public Companies

The Financial Services Authority (OJK) issued Regulation No. 45 of 2024 to implement mandates from the Financial Sector Development and Strengthening Law (UU P2SK) regarding the substantive enhancement of issuers and public companies. This regulation establishes new rules concerning the effective period of registration statements, equity listing obligations, the conversion of public companies to private status, and the role of public shareholders during issuer liquidation. It simultaneously repeals several previous OJK regulations to align with the updated legal framework.

Indonesia

Otoritas Jasa Keuangan (Financial Services Authority)