OJK Mandates Dematerialization of Physical Shares and Regulates Unclaimed Assets in the Capital Market Through POJK 9/2025

Background On 28 April 2025, Indonesian Financial Services Authority (Otoritas Jasa Keuangan or “OJK”) enacted Regulation Number 9 of 2025 on the Dematerialization of Equity Securities and Management of Unclaimed Assets in the Capital Market (“POJK 9/2025”). Historically, securities ownership in Indonesia has been in two forms: physical (scripted), which is recorded by the Share […]