Dentons US LLP

04/18/2024 | News release | Distributed by Public on 04/18/2024 02:35

OJK Regulation 4 of 2024

April 18, 2024

Earlier this year, the Financial Services Authority (Otoritas Jasa Keuangan or "OJK") implemented a new regulation concerning the reporting of changes in share ownership in public companies. This regulation builds upon previous ones and essentially supersedes the former guidelines regarding Ownership Reports or Any Changes in Shares Ownership of Public Companies.

What does the new regulation entail? It introduces fresh rules governing the reporting of share ownership in public companies.

Lawyers from Dentons HPRP, including Erwin Kurnia Winenda (Partner), Rio Pasaribu (Partner), Rafi Andiandra Wardhana (Associate), and Beatrix Deviana Mukin (Associate), have conducted a thorough examination of the new regulation and prepared a comprehensive analysis. In their assessment, the legal team highlights the newly introduced rules that significantly impact shareholders of public companies, the changes compared to the previous regulations, and the practical implementations.

The complete analysis is available for download here.

For legal services related to this sector, please contact the Partner listed under Key Contacts.