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Client Alert on Constitutional Court Decision on Fiducia Security

In a move that may cause significant changes in how fiducia security are to be enforced, the Indonesian Constitutional Court recently issued Decision No. 18/PUU-XVII/2019 (Decision) which declared that certain provisions of Law No. 42 of 1999 on Fiducia Security are conditionally unconstitutional. Lenders looking...

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Equity Crowdfunding In Indonesia – Update from OJK Socialization Event

  The Financial Services Authority (Otoritas Jasa Keuangan - OJK) issued OJK Regulation No. 37/POJK.04/2018 on Equity Crowdfunding (“OJK Regulation No. 37/2018”) on 31 December 2018. OJK has also held a socialization event regarding OJK Regulation No. 37/2018 on 29 January 2019 (“Socialization”). Backgrounds The rapid growth of...

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