ArticleA New Standard To Convict Defendants In Corruption CasesIn light of the disparity of court decisions on corruption cases, the Indonesian Supreme Court recently enacted Supreme Court Regulation No. 1 of 2020. IndonesiaCriminal LawAssegaf Hamzah & Partners
ArticleHow The Omnibus Law Will Simplify Investment In IndonesiaThe fourth edition of "Omnibus Law 2020: Overview Series" will highlight changes in investment sector.IndonesiaCorporate/Commercial LawAssegaf Hamzah & Partners
ArticleKPPU Introduces New Guideline On Simplified AssessmentIn response to the multiple interpretation of the latest Merger Regulation ("2019 Merger Regulation"), the KPPU finally issued implementing guidelines on merger, consolidation, or acquisition...IndonesiaCorporate/Commercial LawAssegaf Hamzah & Partners
ArticleGovernment Relaxes Data Localisation RequirementA new regulation on electronic systems and transaction exempts the private sector from the data localisation requirement. IndonesiaPrivacyAssegaf Hamzah & Partners
ArticleCovid-19 Response: Indonesia Temporarily Halts Export Of Masks And Medical Protective EquipmentFollowing the announcement from the World Health Organization that declared Covid-19 as a pandemic, the Indonesian government continues making adjustment and taking steps to deal with the outbreak.IndonesiaCoronavirus (COVID-19)Assegaf Hamzah & Partners
ArticleMore Details On The New Electronic Systems And Transactions RegulationFollowing up on our previous alert on the relaxation of data localisation requirement under Government Regulation No. 71 of 2019 on Electronic Systems and Transactions ("Regulation")IndonesiaGovernment, Public SectorAssegaf Hamzah & Partners
ArticleIDX Pushes For Increased Transparency And Dissemination Of InformationRecognising the need to synergise the various rules in the capital market sector, the Board of Directors of the Indonesia Stock Exchange (IDX) recently issued a decree to amend IDX Rule No. I-E on Obligation of Information Submission. IndonesiaCorporate/Commercial LawAssegaf Hamzah & Partners
ArticleOJK Regulations Encourage Mergers Between BanksFollowing 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 BankingAssegaf Hamzah & Partners
ArticleE-GMS – What We Know So FarAs the Covid-19 outbreak is showing no sign of slowing down, governors in certain provinces in Indonesia have begun to initiate social restriction policies. Particularly for DKI Jakarta, ...IndonesiaCorporate/Commercial LawAssegaf Hamzah & Partners
ArticleGot A Generator? Here's What You Need To KnowMeanwhile, failure to obtain a commissioning certificate may subject the user to maximum imprisonment of five years and maximum fine of IDR 500 million.IndonesiaEnergy and Natural ResourcesAssegaf Hamzah & Partners
ArticleLegal Developments UpdateA 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 BankingAssegaf Hamzah & Partners
ArticleIndonesia Ratified The Indonesia-Singapore Bilateral Investment TreatyOn 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 LawAssegaf Hamzah & Partners
ArticleSharing Is The New Normal For The Telecommunications SectorOne of the main themes of the Omnibus Law (Law No. 11 of 2020 on Job Creation) is efficiency. This theme can be seen, among others, in the streamlining of licenses and their application.IndonesiaMedia, Telecoms, IT, EntertainmentAssegaf Hamzah & Partners
ArticleFinding A New Equilibrium In Indonesia's Employment Law?In Indonesia, as in many other countries, employment law is often a sensitive issue, and past governments have shied away from resolving issues surrounding employment. IndonesiaEmployment and HRAssegaf Hamzah & Partners
ArticleOJK Tightens Its Grip On The Capital Markets Sector By Issuing Regulation On Private PlacementBack in November 2019, Indonesia's financial services authority, the OJK, issued a regulation on debt securities and sukukIndonesiaCorporate/Commercial LawAssegaf Hamzah & Partners
ArticleIntroducing The Land Bank And Other Changes In The Real Estate SectorIn our first real estate client update, we discussed changes to the spatial utilisation permit, building permits, amendments under the Housing Law and Apartment Law, and foreign ownership of apartment units. IndonesiaGovernment, Public SectorAssegaf Hamzah & Partners
ArticleThe Omnibus Law: What's Next For The Real Estate Market?One of the sectors that receive a heavy overhaul under the Omnibus Law (Law No. 11 of 2020 on Job Creation) is the real estate sectorIndonesiaReal Estate and ConstructionAssegaf Hamzah & Partners
ArticleRegulating How We Pay, Bank Indonesia Issues New Rule On Payment SystemAt the end of last year, Indonesia's central bank, Bank Indonesia or BI issued a regulation on the payment system (BI Regulation No. 22/23/PBI/2020). IndonesiaCorporate/Commercial LawAssegaf Hamzah & Partners
ArticleRestorative Justice Gaining Support In AGO's New RegulationThe Attorney General's Office ("AGO") recently enacted the Attorney General's Regulation No. 15 of 2020 on the Discontinuation of Prosecution based on Restorative Justice. IndonesiaCriminal LawAssegaf Hamzah & Partners
ArticleNew OJK Regulation On Material Transaction And Change Of Business ActivityAfter two years in the making, the OJK, Indonesia's financial services authority finally issued the new regulation on material transaction and change of business activity,...IndonesiaCorporate/Commercial LawAssegaf Hamzah & Partners