OVERVIEW


As countries around the world work to tackle the spread of Covid-19, the threat of business interruption has become real, throwing arrangements into disarray, disrupting workforce, and upsetting the global economy.

At home, the government has begun issuing various countermeasures and relief for businesses and public alike. The following is a summary of legislation and government updates issued to navigate the Covid-19 outbreak. Our team continues to assess developments, which will be issued in the weeks to come.

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CAPITAL MARKETS


In the Midst of Covid-19, OJK Continues Embracing Technology on Reporting and Proxy

1 April 2020

Through Letter No. S-49/PM.22/2020, the OJK now allows other parties besides issuers and public companies to submit documentation through the Integrated Electronic Reporting System. This summary lists the types of documents that can be submitted online with the assistance of the issuer or public company. In addition, KSEI has also stated that it will start implementing its e-proxy platform starting on 20 April 2020.

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