25 results found

Digitalization of the pre-existing manual system for licensing and approval at the Directorate General of Minerals and Coal ("DGMC") had yet to be completed when the Investment Coordinating Board...

Two years after the "Three Lines Model" risk management protocol was issued by the Institute of Internal Auditors (https://www.theiia.org/) to help organizations manage risk...

Under Indonesian law, private entities can apply for a license to construct, operate and manage a dedicated or "special" sea terminal ("Special Terminal")...

The President has issued a new regulation, which came into effect on 27 September 2022, which grants the Ministry of Public Works and Housing ("MOPW") broad strategic authority...

Technological development has brought rapid, radical change to the financial-services industry around the world, and Indonesia is no exception. While the country's financial-products market...

The Government has moved to expand the remit of its infrastructure guarantee agency in recognition of the ongoing urgent need for private-sector finance to overcome the continuing infrastructure...

In 2021, the Indonesian Financial Services Authority ("OJK") increased the threshold that triggers the requirement to register and seek OJK approval for a private offering of securities.

The Indonesian government and Indonesia Stock Exchange ("IDX") have long been eager for more players in the country's booming tech scene to go public.

In 2020, Indonesia's Financial Services Authority ("OJK") issued two regulations, OJK Regulation No. 15/POJK.04/2020 ("POJK 15") and OJK Regulation No. 16/POJK.04/2020 ("POJK 16"),...

On 30 December 2022, the Indonesian Government promulgated an emergency regulation, Government Regulation in Lieu of Law No. 2 of 2022 on Job Creation ("Perppu 2/2022").

Following the issuance in 2020 of their first ever list of crypto assets that are officially approved for trading on the local crypto-assets market ("Whitelist"),the Commodity Futures...

Indonesia's House of Representatives is advancing a new Oil and Gas Bill that would fundamentally restructure the country's upstream petroleum framework by replacing SKK Migas with a state-owned business entity called BUK Migas. The proposed legislation introduces significant changes to domestic supply obligations, export controls, fiscal terms, and the role of private contractors in working area development. How will these reforms affect existing production sharing contracts, long-term LNG agreements, and

Against a backdrop of widespread unauthorized disclosure of personal data and dubious business practices that frequently leave consumers of financial services aggrieved or out of pocket...

The Indonesian Competition Commission ("KPPU") has issued a streamlined merger control regulation, which makes fewer mergers, consolidations and acquisitions subject...

Indonesia's financial regulator OJK has released draft rules establishing a comprehensive financial reporting integrity framework for fintech, digital financial assets, and crypto asset providers. The proposed regulation introduces mandatory internal controls, governance accountability measures, and significant penalties for reporting violations, extending liability beyond provider entities to directors, commissioners, controlling shareholders, and employees.

Indonesia's Government Regulation No. 38 of 2026 introduces significant reforms to state-owned enterprise management, establishing new frameworks for governance, asset management, and dissolution. The regulation clarifies the roles of key oversight bodies and introduces regulatory protection for directors implementing qualifying loss limitation measures. How will these changes reshape corporate governance and risk management practices across Indonesia's SOE sector?

Indonesia's Ministry of Energy and Mineral Resources has issued a new decree that significantly restricts mining license holders from using affiliated contractors and mandates priority for local mining services providers. The regulation introduces a beneficial ownership test to determine affiliate relationships and limits approvals to companies carrying out government assignments, potentially reshaping contractor selection practices across the Indonesian mining sector.

The President has finally issued a long-awaited regulation that maps out the road towards cleaner power generation in Indonesia, in line with the country's international climate-change commitments.