, 2020, The Supreme court allowed the 1st and 3rd defendants to withdraw their petitions, dispose of the case from the Supreme court. In addition The Supreme court has ordered the Court of First Instance
in securities for investors. There are two categories of investor contact s which are category A investor contact who is allowed to conduct an analysis on the value or suitability of the purchase or
investors. There are two categories of investor contacts which are category A investor contact who is allowed to conduct an analysis on the value or suitability of the purchase or sale or an investment in
) Allowing the Funds to invest in crypto assets under a risk level appropriate for the types of investors. For the Funds targeting ultra-high net worth investors***, they would be allowed to invest in
persons hold its shares on EARTH’s behalf. In this regard, the legal advisor viewed that the agreement of proxy shareholding should have been voided because such action was not allowed by Indonesian Law
analyst will be allowed to cover no more than 15 securities in average; published research must be updated at least 4 times a year; brokers must put in place control over quality of investment research and
investment relatively to quality of such instrument or financial institution. Under the revised rule, the fund will be allowed to invest not exceeding five percent of net asset value in deposit or instruments
preparing records of clients’ assets from those responsible for physical keeping of such assets , and each transfer of clients’ assets shall be approved by the company’s authorized person who shall be neither
records of clients’ assets from those responsible for physical keeping of such assets, and each transfer of clients’ assets shall be approved by the company’s authorized person who shall be neither a person