Regulatory AlertsOJK Regulation No. 40 of 2025 on the Use of Proceeds from Public Offerings
The Financial Services Authority (OJK) issued Regulation No. 40 of 2025 to enhance investor protection and ensure that public offering proceeds are utilized in accordance with the prospectus. This regulation mandates the electronic submission and publication of the Realization Report on the Use of Proceeds (LRPD), detailing specific information requirements and procedures for fund changes. It repeals the previous OJK Regulation No. 30/POJK.04/2015 and establishes a legal framework for the optimalization of reporting mechanisms and oversight.
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