As part of the Indonesian Government’s 11th Economic Policy Package, the Financial Services Authority (“
OJK”) has issued Regulation
No. 64/POJK.04/2017 on Real-Estate Investment Funds in the Form of Collective-Investment Contracts (“
Regulation 64/2017”).
In general, Regulation 64/2017 sets out a number of detailed provisions which relate to Real-Estate Investment Funds (Dana Investasi Real Estat – “DIRE”) in the form of collective-investment contracts (Kontrak Investasi Kolektif – “KIK”). However, for reasons of brevity, this edition of Indonesian Legal Brief (ILB) will confine its discussion to the following matters only:
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