Indonesia: Using IP assets as collateral for financing
With the introduction of Indonesia’s GR 24/2022, individuals and organizations involved in the creative sector are now able to use their IP assets as collateral for financing from banks. The government thinks that by doing this, participants in the sector will have an increased chance of gaining access to funding, which has hampered the sector’s potential for expansion. In July 2023, GR 24/2022 is expected to go into effect. Government Regulation 24 of 2022 (GR 24/2022), which was introduced by the [...]
