Indonesia

Indonesia: New Regulation on Electronic Systems and Transactions

Recent DevelopmentAfter long discussions and the preparation of several drafts, the government has finally issued Government Regulation No. 71 of 2019 on the Implementation...

Indonesia: Merger Control Update: Asset Acquisitions Must be Notified and a Few Other Important...

On Monday, 14 October, the Indonesian Business Competition Supervisory Commission published its Regulation Number 3 of 2019 on Assessment of Merger or Consolidation of...

Indonesia: Implementing Regulation on the Use of Indonesian Language Necessitates a New Approach for...

Recent development in a nutshell On 30 September this year, the President issued Presidential Regulation No. 63 of 2019 on the Use of Indonesian Language...

Indonesia: New Regulation of Foreign and PMA Contractors Requires Stricter Compliance

A new Minister of Public Works and Housing ("MOPWH") regulation, Regulation No. 9 of 2019 on Guidelines for Foreign Construction Services Business Entities ("Regulation...

ASEAN Medical Device Directive Implementation Updates

While local laws of Singapore, Malaysia and Indonesia have fully complied with the ASEAN Medical Device Directive (AMDD), it is encouraging to see more...

Indonesia: Administrative Sanction in the Field of Customs

Overview The Indonesian Government has issued a new regulation on administrative sanction in the field of customs, which amends the previous sanction levels. It regulates...

Indonesia: OJK Now Requires Independent and Unaffiliated Shareholders’ Approval for Public Companies’ Non-Preemptive Rights...

The Financial Services Authority (Otoritas Jasa Keuangan - "OJK") issued Rule No. 14/POJK.04/2019 on Amendment to Rule No. 32/POJK.04/2015 ("POJK 32/2015") on Increase of...

Indonesian Competition Commission Issues New Case Handling Procedure

In mid-April 2019 the Business Competition Supervisory Commission (Indonesian acronym: KPPU) published its Regulation No. 1 of 2019 on the Procedure for Cases of...

Global Legal Guide for Luxury & Fashion Companies

Despite geopolitical shifts, uncertainty and various factors that seem to affect numerous sectors, the global luxury and fashion industry has tripled in the last...

The Cost of Corruption For Corporations in Indonesia: Takeaway From Recent Enforcement of Corporate...

Recent Update Almost immediately following the issuance of Supreme Court Regulation No. 13 of 2016 on Case Handling Procedures for Corporate Crimes ("Perma 13") in December 2016,...

Send this to a friend