On December 22, 2015, the Financial Services Authority (“OJK”) issued Regulation No. 30/POJK.04/2015 on Report on Realization of the Use of Proceeds from Public Offerings (“POJK 30”) which will replace Bapepam Regulation No. X.K.4, Appendix to Chairman of the Capital Market Supervisory Agency Decision No. KEP-27/PM/2003 (“Regulation X.K.4”) which regulates the same matter.
The Indonesian Financial Services Authority (“OJK”) has issued Regulation No. 32/POJK.04/2015 regarding Capital Increase with Pre-emptive Rights (the “New Rights Issue Regulation”) effective starting from 22 December 2015.
On 28 December 2015, Bank Indonesia issued a new regulation No.17/22/PBI/2015 (“PBI 17”) concerning Mandatory Formation of Countercyclical Buffer.
On 28 December 2015, the Indonesian Financial Services Authority (“OJK”) issued a new regulation No.46/POJK.03/2015 (“POJK 46”) regarding Determination of Systemically Important Banks and Capital Surcharge.
Human Rights advocates in Indonesia received an unexpected support from the Constitution Court of Indonesia's decision to broaden ambit for Pretrial Proceeding.
China's rise to mega economic powers shifts financial balance of power to emerging economies, providing options for finance and development.
M & A Activity in 2015 is projected to continue with the strong momentum from 2014 with the US hosting 44 % of the value. Asian companies are expected to be the most active in European and US market.