In order to redefine the scope of financial-statement liability as it applies to the Boards of Directors of issuers[1] or public companies[2] (“BoD”), the Financial Services Authority (Otoritas Jasa Keuangan– “OJK”) has issued Regulation No. 75/POJK.04/2017 on the Financial-Statement Liabilities of Boards of Directors (“Regulation 75/2017”).
In order to redefine the scope of financial-statement liability as it applies to the Boards of Directors of issuers[1] or public companies[2] (“BoD”), the Financial Services Authority (Otoritas Jasa Keuangan– “OJK”) has issued Regulation No. 75/POJK.04/2017 on the Financial-Statement Liabilities of Boards of Directors (“Regulation 75/2017”).
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