Indonesia readies regulation for VCs
Anisa Menur writing for e27.co;
Indonesia’s Financial Service Authority (OJK) is working on the Draft Regulation of Venture Capitals (VCs), which is expected to be finalised by end of October 2015.
The regulation will consist of 13 chapters with points related to business activities, sources of funding and sanctions.
After the Philippine Competition Act, I'd expect anyone from the senate or conress to come up with a similar bill, specially now that there's an increasing number of international firm investing in various startups in the Philippines.
This will not only benefit the startup but the VC as well.