Electronic General Shareholders’ Meetings: New Procedures for Authorisation

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Indonesia’s Financial Services Authority, in Indonesian, Otoritas Jasa Keuangan, or the OJK has issued new authorisation procedures for those wishing to become providers of services to run electronic general shareholders’ meetings – in Indonesia, the acronym e-RUPS is used for this service.

The OJK Regulation* sets out the application details – which your usual BLP lawyer would be happy to assist you with. Any organisations that intend to apply for e-RUPS accreditation, must register with the Ministry for Communications and Information Technology.

*Circular of the Financial Services Authority No.1/SEOJK.04/2022 on the Submission Procedure for the Authorisation of System Providers for the Organisation of Electronic General Meetings of Shareholders.