TL;DR
Indonesia's Financial Services Authority (OJK) has issued new regulations governing representative offices of foreign financing institutions operating
The Facts
Indonesia's Financial Services Authority (OJK) has issued new regulations governing representative offices of foreign financing institutions operating in Indonesia. This regulatory framework establishes requirements for foreign leasing companies, consumer finance firms, and other non-bank financial institutions seeking to maintain a presence in the Indonesian market without conducting full business operations. The regulation defines the scope of permitted activities for representative offices, s
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