Reporting Requirements on Share Ownership in Public Companies

Introduction  The Indonesian Financial Services Authority (Otoritas Jasa Keuangan or “OJK”) recently issued OJK Rule No. 11/POJK.04/2017 on Share Ownership Reporting in Public Companies (“New OJK Rule”) on 14 March 2017. This New OJK Rule revokes and replaces OJK Rule No. 60/POJK.04/2015 on Disclosure of Information of Certain Shareholders (“Previous OJK Rule”). Compared to the…