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  • Article

    Legal Developments Update

    A lot has happened in the past month or so, which perhaps can be said to set the tone for Indonesia for the remainder of 2019.
    IndonesiaFinance and Banking
    Assegaf Hamzah & Partners
    Assegaf Hamzah & Partners
  • Article

    Indonesia Ratified The Indonesia-Singapore Bilateral Investment Treaty

    On 25 September 2020, President Joko Widodo signed Presidential Regulation No. 97 of 2020, which ratified the Agreement between the Indonesian government and the Singapore government on the Promotion and Protection
    IndonesiaInternational Law
    Assegaf Hamzah & Partners
    Assegaf Hamzah & Partners
Article

Indonesia Quarterly Regulatory Updates

We provide herein our executive summary of 20 newly enacted regulations from various sectors in Indonesia, which have been enforced since 1 October – 31 January 2022.
IndonesiaCorporate/Commercial Law
Nusantara Legal Partnership
Nusantara Legal Partnership
  • Article

    OJK Re-Regulates Venture Capital Business

    On December 28, 2015, the Financial Services Authority issued new regulations governing venture capital business, which was previously regulated by the Ministry of Finance,
    IndonesiaFinance and Banking
    AKSET Law
    AKSET Law
  • Article

    OJK Regulations Encourage Mergers Between Banks

    Following the enactment of Government Regulation in lieu of Law No. 1 of 2020, Indonesia's financial services authority, the OJK, has enacted several regulations designed to safeguard the stability of the financial system and deal ...
    IndonesiaFinance and Banking
    Assegaf Hamzah & Partners
    Assegaf Hamzah & Partners
  • Article

    Implications Of Foreign Ownership Of Indonesian Companies

    Foreign investors have long used nominee arrangements to participate in industries on which the DNI imposes foreign equity restrictions.
    IndonesiaGovernment, Public Sector
    SSEK Law Firm
    SSEK Law Firm
  • Article

    New Regulation Requires Taxes For E-Commerce Players In Indonesia

    Prompted by the disparity in the tax treatment between traditional retail activities and e-commerce, on December 31, 2018, Indonesia's Minister of Finance ("MOF") ...
    IndonesiaTax
    SSEK Law Firm
    SSEK Law Firm
  • Article

    New Indonesian regulation restricting foreign currency use in Indonesia – impact on shipping companies

    The new regulations will impact on all companies operating in Indonesia, including shipping and ports services companies.
    IndonesiaTransport
    Norton Rose Fulbright Australia
    Norton Rose Fulbright Australia
  • Article

    Legal Alert August 2020

    Please find the SSEK Legal Alert for August 2020. The SSEK Legal Alert is a monthly survey designed to keep you up to date with the latest legal developments in Indonesia.
    IndonesiaEnergy and Natural Resources
    SSEK Law Firm
    SSEK Law Firm
  • Article

    The first OJK (Financial Services Authority) Regulation to come into force in August 2014

    This regulation mainly defines the obligations of Financial Services Business Actors in relation to consumer protection.
    IndonesiaFinance and Banking
    Makarim & Taira S.
    Makarim & Taira S.
  • Article

    Indonesia Overhauls Export Proceeds Requirements For Natural Resources

    The Government of Indonesia is set to introduce a revised regulatory framework governing the placement of export proceeds derived from natural resources (Devisa Hasil Ekspor Sumber Daya Alam or "DHE SDA")...
    IndonesiaInternational Law
    SSEK Law Firm
    SSEK Law Firm
  • Article

    New OJK Regulation On Licensing And Organization Of Venture Capital Companies

    POJK 34 was issued to improve the national economic growth and revitalize the venture capital sector.
    IndonesiaCorporate/Commercial Law
    Melli Darsa & Co
    Melli Darsa & Co
  • Article

    New OJK Regulation On Technological Innovation In Indonesia's Financial Sector

    To help regulate Technological Innovations in the Financial Sector (Inovasi Teknologi Sektor Keuangan or "ITSK"), Indonesia's Financial Services Authority...
    IndonesiaFinance and Banking
    SSEK Law Firm
    SSEK Law Firm
  • Article

    OJK Integrates Business Plan Requirements For Non-Banking Financial Institutions (NBFIs)

    On 19 September 2019, the Financial Services Authority (OJK) issued OJK Regulation No. 24/POJK.05/2019 on Business Plans for non-banking financial institutions (NBFI Business Plan Regulation).
    IndonesiaFinance and Banking
    Hogan Lovells
    Hogan Lovells
  • Article

    Understanding The Transition Of Supervisory Authority Over Digital Financial Assets In Indonesia From Bappebti (The Commodity Futures Trading Regulatory Agency) To OJK (The Financial Services Authority)

    On 10 January 2025, the supervision of crypto assets including cryptocurrency was effectively transferred from the Commodity Futures Trading Regulatory Agency (Badan Pengawas Perdagangan Berjangka Komoditi or "Bappebti") to the Financial Services Authority (Otoritas Jasa Keuangan "OJK").
    IndonesiaFinance and Banking
    Nusantara Legal Partnership
    Nusantara Legal Partnership
  • Article

    Centralised Exports Of Natural Resources – Key Highlights Of Government Regulation No. 24 Of 2026 On The Governance Of Export Of Strategic Natural Resource Commodities

    On 20 May 2026, the President of the Republic of Indonesia enacted Government Regulation (“GR”) No. 24 of 2026 on the Governance of Export of Strategic Natural Resource Commodities (“GR 24/2026”), which took effect on 1 June 2026. Note that while GR 24/2026 is already in force, the requirement to export Strategic Commodities exclusively through the designated state-owned enterprise is subject to a separate transition deadline, discussed further below under "Transitional Arrangements".
    IndonesiaInternational Law
    Nusantara Legal Partnership
    Nusantara Legal Partnership
  • Article

    OJK Tightens Its Grip On The Capital Markets Sector By Issuing Regulation On Private Placement

    Back in November 2019, Indonesia's financial services authority, the OJK, issued a regulation on debt securities and sukuk
    IndonesiaCorporate/Commercial Law
    Assegaf Hamzah & Partners
    Assegaf Hamzah & Partners
  • Article

    OJK Issues New Guidelines For Peer-To-Peer Lending Business

    On November 8, 2023, the Financial Services Authority (Otoritas Jasa Keuangan or "OJK") issued OJK Circular Letter No. 19/SEOJK.06/2023 on the Implementation of Information...
    IndonesiaFinance and Banking
    AKSET Law
    AKSET Law
  • Article

    Indonesia Payment System Regulation: FAQ On The New Bank Indonesia Payment System Legal Frameworks

    In connection with the Indonesia's payment system reformation as outlined by Central Bank of Indonesia ("BI") on its Payment System Blueprint 2025...
    IndonesiaFinance and Banking
    Nusantara Legal Partnership
    Nusantara Legal Partnership
  • Article

    New OJK Regulation On Bank Business Plan

    On January 26, 2016, the Financial Services Authority (Otoritas Jasa Keuangan – "OJK") issued Rule No. 5/POJK.03/2016 concerning Bank Business Plan (Rencana Bisnis Bank ­– "RBB") ("POJK 5")...
    IndonesiaFinance and Banking
    AKSET Law
    AKSET Law
  • Showing 81–100 of 188 results

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