Guidelines on the Submission and Announcement of Periodic Financial Statements by Issuers and Public Companies Updated

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]