Certain foreign investment mineral and mining companies must gradually divest their shares to Indonesian shareholders.

Indonesia's considerable infrastructure financing deficit is a hot topic in the project finance market.

This is a quick client alert to note that the Ministry of Trade has revoked the requirement to use letters of credit issued by a local bank for the export of certain Indonesian commodities.

The Financial Services Authority of Indonesia or Otoritas Jasa Keuangan, has introduced a new regulation on peer-to-peer lending, commonly known as P2P lending.

Regulation No.15/1/PBI/2013 aims to open the credit information management industry in Indonesia to private investment.

Parties who process fund transfers without a fund transfer license will be liable to a fine or up to 3 years in prison.

Circular Letter 12 provides marketing conduct guidelines for financial services providers offering services or products.

Members must hold a Cooperative Capital Certificate, serving as evidence of capital participation in the cooperative.

This amends the scope of information to be submitted to Bank Indonesia and additional codes for exempted foreign loans.

This BUKU classification will determine the types of activities a bank may engage in and the services it may provide.

This regulation aims to reduce the impact of a fluctuating market by regulating share buybacks by public companies.

In an attempt to assist the stabilization of the Indonesian currency, Bank Indonesia (BI) changed the limit of the maximum value of foreign currency (US$) purchased through a spot transaction which is done without a specific purpose...

SSEK Law Firm partner Winnie Yamashita Rolindrawan and associates Qafaldi Putra Ismayudha and Muhammad Nur Mahatmanta have contributed an article...

The President of the Republic of Indonesia recently issued a regulation on tax deduction, aimed at boosting investment in the industrial sector, as well as the participation of businesses, in improving Indonesia's human resources.

Different countries are at different stages of the enactment of their domestic legislation to aid in the implementation and delivery of their NDCs.

This regulation also requires the minimum capital requirement to be determined on a percentage of risk weighted assets.

On 26 April 2019 the head of the Jakarta Capital Investment Agency and One Stop Integrated Services announced that it would cease issuing Company Domicile Letters and Business Domicile Letters for businesses...

The Medium Term National Development Plan (Rencana Pembangunan Jangka Menengah Nasional) 2020-2024,...

To unify fit and proper test requirements for non-banking financial services, OJK issued Regulation No. 4/POJK.05/2013.

Over USD 17 billion worth of AT1 bonds were wiped out from the Credit Suisse crisis and investors from Asia reportedly form a substantial part of the exposure.