COVID-19 Pandemic: Countercyclical Policies introduced by the OJK to Preserve Indonesia Economic Stability

Marshall SitumorangFounder and Partner, Nusantara Legal Partnership

We provide herein our articles titled “COVID-19 Pandemic: Countercyclical Policies introduced by the OJK to Preserve Indonesia Economic Stability” which mainly discusses OJK new provision that is specifically addressed forNon-Bank Financial Services Institutions/Lembaga Jasa Keuangan Non-Bank (LJKNB). The new provision aims to enhance the financial system in Indonesia for the sake of supporting the economic growth amidst the unfolding COVID-19.

Please be advised that some new measures may be implemented by the government on a daily basis to keep up with the ever-changing situation – we will keep you informed with any further updates.   

We hope you find the articles useful. Please do feel free to contact us should you need further advice on how these new measures might affect your business in Indonesia.

Best regards,

NUSANTARA LEGAL PARTNERSHIP


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