OJK Announced Guidelines to Implement Offerings Classified as Non-Public Offerings

As a follow-up to OJK Regulation No. 29/POJK.04/2021 on Offerings Classified as Non-Public Offering (“Regulation”), the Financial Services Authority (Otoritas Jasa Keuangan or “OJK”) has issued Circular Letter No. 33/SEOJK.04/2022 on Guidelines for Implementing Securities Offerings Classified as a Non-Public Offering (“Circular Letter”).