General Corporate & Foreign Invest

OJK has issued new regulation related to bankruptcy and suspension of debt payment obligations submission for Securities Company through POJK No. 21/2022 where despite OJK’s progress to execute their power in submitting for Securities Company, the proceeding of bankruptcy and suspension of debt payment for Securities Company that comes after OJK’s submission then will require special attention from OJK, the supervisory judges, and especially experienced and reliable curators/