OJK Finally Updates Provisions on the Organization of Capital-Market Activities

As part of attempts to build an orderly, equitable and efficient capital-market industry, the Financial Services Authority (Otoritas Jasa Keuangan – “OJK”) has issued Regulation No. 3/POJK.04/2021 on the Organization of Activities Within the Capital-Market Sector (“Regulation 3/2021”), which will serve as a set of guidelines for matters and activities relating to the capital-market sector and the share ownership and capital of securities companies.[1]

Given the extensive scope of subject matter addressed under Regulation 3/2021, as outlined above, this edition of Indonesian Legal Brief (“ILB......