Indonesia
They are also prohibited from guaranteeing returns or promoting unlicensed products.
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ID Digest: MAPI to relaunch Ace Hardware; Lion Group to invest in stablecoin developer
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Swedfund commits $15m to Navegar III to aid SME financing in PH
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Anthropic accuses Alibaba of illicitly extracting Claude AI model capabilities
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India: IFC proposes $73m investment from own account in Sify Infinit
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Future Group to invest in global infrastructure with Aberdeen Investments
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SG’s StashAway cuts cash burn, revenue jumps 44% in 2024
MSCI in April extended its review of Indonesian markets to June.
Indonesian President Prabowo Subianto first announced an 8% cap on commissions on May 1.
Danantara unit raised an upsized $1.5 billion in its debut U.S. dollar bond sale.
Greater China
Regulators are also evaluating plans to allow mainland retail investors to subscribe to Hong Kong IPOs.
The OJK has approved the name of Jeffrey Hendrik as its president director.
Court handed down prison sentences ranging from two to five years.
The antitrust ruling comes on the heels of similar approvals from the U.S. Department of Justice.
World
ASIC carried out a survey of 22 private credit managers from March until May.
The draft rules would ban forced merchant subsidies.
