The Indonesia Stock Exchange (Bursa Efek Indonesia) (“IDX”) has introduced a draft rule to amend IDX Regulation No. I-A on the Listing of Shares and Equity Securities Other than Shares Issued by Listed Companies (Amendment to Regulation I-A) as a part of a broader capital market reform agenda of the Financial Services Authority (Otoritas Jasa Keuangan) (OJK) and IDX. … Continue reading Client Alert: Proposed Amendments to the IDX’s Listing Rule
Category: Publication
Client Alert: Upcoming Regulatory Updates on Indonesian Capital Market
On 1 February 2026, the Financial Services Authority (Otoritas Jasa Keuangan) (OJK) and the Indonesia Stock Exchange (Bursa Efek Indonesia) (IDX) announced their commitment to pursue bold and ambitious reforms in the Indonesian capital market, aligning the regulatory framework with international best practices and the expectations of global index providers. These initiatives will be implemented through eight action plans… Continue reading Client Alert: Upcoming Regulatory Updates on Indonesian Capital Market
Bianka Renzanova K. Featured in Hukumonline’s NeXGen Lawyers 2025
We are proud to share that our Associate, Bianka Renzanova K., has been featured in Hukumonline.com’s NeXGen Lawyers 2025. In her feature, Bianka highlights the critical role of leadership in navigating today’s dynamic legal landscape. She notes that leading in the legal field goes beyond mastering the law—it calls for strategic thinking, strong management… Continue reading Bianka Renzanova K. Featured in Hukumonline’s NeXGen Lawyers 2025
TnP Law Firm Contributes to The Legal 500’s Indonesia Port and Shipping Sector Publication and the 2025 Chambers and Partners Corporate M&A Guide
We are pleased to share TnP’s contribution to two leading international legal publications, underscoring our continued commitment to legal excellence and sectoral thought leadership. Our Partner, Melissa Butarbutar, provided insights for The Legal 500’s publication on Indonesia’s port and shipping sector, which outlines recent legal and regulatory developments in the maritime industry. The article draws… Continue reading TnP Law Firm Contributes to The Legal 500’s Indonesia Port and Shipping Sector Publication and the 2025 Chambers and Partners Corporate M&A Guide
Lexology In-Depth: Initial Public Offerings (8th Edition, 2024) – Indonesia by TnP Law Firm
We are delighted to share that our Partner, Ken Prasadtyo, Associate Partner, Kevin Yehezkiel, and Associate, Cindy Caroline, have contributed to the chapter on Initial Public Offerings in the 8th edition of Lexology In-Depth. Their chapter explores Indonesia’s IPO landscape, covering regulatory frameworks, IDX requirements, and compliance obligations. It highlights recent trends, notable IPOs,… Continue reading Lexology In-Depth: Initial Public Offerings (8th Edition, 2024) – Indonesia by TnP Law Firm
Chambers Acquisition Finance 2024 Global Practice Guide
We are pleased to inform that our Partner, Ken Prasadtyo and Frans Sihasale, Associate Partner, Brahmantyo Jatiwidianto, and Senior Associate Afif Alfaruqi, have contributed to the 2024 edition of Chambers and Partners’ Acquisition Finance Guide for Indonesia. The guide provides insights and overviews of the legal landscape relating to acquisition financing such as leveraged buyouts,… Continue reading Chambers Acquisition Finance 2024 Global Practice Guide
NEW CARBON EXCHANGE IN INDONESIA
On 2 August 2023, the Financial Services Authority (Otoritas Jasa Keuangan or “OJK”) issued OJK Regulation No. 14 of 2023 on Carbon Trading on Carbon Exchange (“POJK 14/2023”), which came into effect on the date of its issuance. The issuance of POJK 14/2023 constitutes as one of Indonesia’s commitments in addressing climate change that was… Continue reading NEW CARBON EXCHANGE IN INDONESIA
Our Article in iflr.com concerning M&A Report 2021 in Indonesia
This article describes our team look at the M&A report in 2021 which includes insight on the market overview, Covid-19 and recovery plans, legislation and policy changes, market norms, public and private M&A, and M&A predictions in 2021. For complete article please visit here. Author from TnP: Rambun Tjajo, Melissa Butarbutar and Kevin Yehezkiel Share… Continue reading Our Article in iflr.com concerning M&A Report 2021 in Indonesia
Client Alert: New Rules on Go Private
After a long time being left unregulated, go private finally has codified rules to follow. Financial Services Authority (“OJK”) has issued a new regulation No.3/POJK.04/2021, dated 22 February 2021 on The Organization of Capital Market Activities (“POJK 3/2021”) which has a specific section dedicated to go private activities. POJK 3/2021 outlines three possible scenarios… Continue reading Client Alert: New Rules on Go Private
Client Alert: MULTIPLE VOTING RIGHTS SHARES FOR TECH START-UPS INITIAL PUBLIC OFFERING
On 1 December 2021, the Financial Services Authority (Otoritas Jasa Keuangan or “OJK”) issued OJK Rule No. 22/POJK.04/2021 (“POJK 22/2021”), which allows prospective public companies that are tech start-ups to have a share classification with multiple voting rights (“MVS”). This rule would allow start-up founders to retain certain control over the company and protect their… Continue reading Client Alert: MULTIPLE VOTING RIGHTS SHARES FOR TECH START-UPS INITIAL PUBLIC OFFERING