Issuers and public companies can initiate share buybacks up to a maximum level of 20% of their paid-up capital without the approval of any General Meeting of Shareholders, provided that the free-float shares amount to at least 7.5% of the relevant paid-up capital

With the transfer of the authority to regulate and supervise financial service in capital market sector from BAPEPAM to OJK, the obligations and prohibitions of securities broker companies engaging in business activities as securities brokers are now addressed under this new regulation which issued by OJK.

Insurance Companies are required to designate one director who will be responsible for the companys compliance. In addition, based on OJKs supervision, they may require an Insurance Company to designate a director who will be responsible solely for compliance.

Any non-publicly listed insurance-related company whose level of foreign ownership already exceeds 80% of its paid-up capital is now required to directly undergo an initial public offering process in Indonesia if: a) The company in question is aiming to increase its level of paid-up capital; and b) No Indonesian legal entities and/or Indonesian Citizens are participating in the increase

As the sole legal framework that addresses mutual insurance companies, this Regulation is seen as a vital framework for companies such as Asuransi Jiwa Bumiputera, which is currently the country's only insurance company which has taken the form of a mutual insurance company.

The lands are to be utilized based on agreements between the Minister of Village, Development of Disadvantaged Regions and Transmigration and business entities, trans-migrant cooperatives and/or trans-migrant associations.

Debt securities and/or sharia bonds (efek bersifat utang dan/atau sukuk) may be issued by the following parties without the need for any public offerings: 1) Issuers (emiten) or public companies; 2) Indonesian business entities or legal entities other than the above; 3) Supranational institutions; or 4) Collective investment contracts

Any financial services institutions, individuals or entities wishing to submit their licensing applications via this platform must first obtain access rights by registering and by meeting a number of different administrative requirements

Rural banks, rural sharia financing banks and general insurance companies are now required to submit reports on financial information relating to certain types of financial accounts to the Director-General of Tax for the purpose of automatic exchanges of financial information

International agencies or agencies located overseas may also organize the certification processes, but any certificates which are ultimately issued by these foreign certification agencies will only be considered the equal of Expertise Certificates and Expert Qualification Certificates issued by a Guarantee Institution Certification Agency under certain circumstances