On 3 March 2023, the Ministry of State-Owned Enterprises ("MSOE") issued Regulation No. PER-2/MBU/03/2023 ("Reg. 2/2023")[1], which revokes 20 other regulations and came into force on 24 March 2023.

On 8 March 2023, the Minister of Manpower issued a new regulation that allows certain export-oriented, labor-intensive enterprises to reduce employees' working hours...

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...

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...

A stock split ("SS") is where a company subdivides its shares by splitting 1 share into 2 or more shares based on an agreed ratio. This results in an increase of the number...

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.

After several years of deliberation and amid a long running epidemic of Personal Data breaches, the Indonesian Parliament finally passed the long-awaited Personal Data Protection Bill on 20 September 2022.

To follow up on the enactment of Law No. 3 of 2022 on the National Capital City, the government has issued Government Regulation No. 12 of 2023 on Business Licenses...

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