
In order to accommodate recent developments and international best practices, the Financial Services Authority (Otoritas Jasa Keuangan – “OJK”) recently issued Regulation No. 14/POJK.04/2022 (“Regulation 14/2022”), which updates the guidelines which apply in relation to submissions of periodic financial statements by issuers as public companies.[1] As it contains an updated set of guidelines, Regulation 14/2022 repeals and replaces Rule X.K.2, which was originally issued as the Appendix to Decree of the Head of the Capital Markets and Financial Institutions Supervisory Board No. KEP-346/BL/2011 which bore the same title (“Rule X.K.2”).[2]
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