The Financial Services Authority (
Otoritas Jasa Keuangan -
“OJK”) has issued Regulation
No. 57/POJK.04/2017 on the Implementation of Good Corporate Governance by Securities Companies Acting as Securities Underwriters and Securities Brokers
("Regulation 57/2017"), with the overall objective of improving the quality of securities companies, as well as ensuring customer protection.
[1]
In order to achieve this objective, securities companies acting as securities underwriters and brokers within the capital market (collectively refer to as “Companies”) are required to implement good corporate governance (“GCG”) principles, which are to be addressed in terms of the following issues:
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