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  • Article

    New Regulation On Smart Buildings

    On November 3, 2023, the Minister of Public Works and Housing ("MOPWH") issued MOPWH Regulation No. 10 of 2023 on Smart Buildings ("Regulation 10/2023").
    IndonesiaReal Estate and Construction
    AKSET Law
    AKSET Law
  • 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

    The Highly-Awaited Indonesian Personal Data Protection Law Is Passed

    After about seven years in the making, on September 20, 2022, the Parliament finally approved the Personal Data Personal Data Protection Bill (the "PDP Bill") during the 5th Plenary Session of 2022-2023 of the Parliament.
    IndonesiaPrivacy
    AKSET Law
    AKSET Law
  • Article

    Health Omnibus Law Series – Data Privacy In The Health Sector

    This Newsflash is a part of our Health Omnibus Law Newsflash series with respect to the issuance of Law No. 17 of 2023 dated August 8, 2023 on Health (the "Health Law").
    IndonesiaPrivacy
    AKSET Law
    AKSET Law
  • Article

    Business Licensing For The Utilization Of Wild Plants And Animals

    On November 22, 2023, the Minister of Environment and Forestry (the "MOEF") issued Regulation No. 15 of 2023 on Business Licensing on Utilization of Wild Plants and Animals ("Regulation 15").
    IndonesiaEnvironment
    AKSET Law
    AKSET Law
  • 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
  • Article

    Indonesian Constitutional Court Orders Government And House Of Representatives To Rectify Job Creation Law Within Two Years

    On November 25, 2021, the Constitutional Court (the "Court") issued the decision No. 91/PUU-XVVII/2020 (the "Decision No. 91") in relation to a petition for a formal review (the "Petition") of ...
    IndonesiaGovernment, Public Sector
    AKSET Law
    AKSET Law
  • Article

    Ministry Of Health's Guidelines On Covid-19 Recurrence

    The Ministry of Health through the Director General of Diseases Prevention and Control recently issued guidelines for the provincial and regional governments with regard to recent increase...
    IndonesiaFood, Drugs, Healthcare, Life Sciences
    AKSET Law
    AKSET Law
  • Article

    Golden Visas For Foreign Investors

    On August 22, 2023, the Minister of Law and Human Rights (the "MOLHR") issued Regulation No. 22 of 2023 on Visas and Stay Permits ("Regulation 22").
    IndonesiaImmigration
    AKSET Law
    AKSET Law
  • Article

    Implementation Of Sharia Principles In Capital Markets

    In November 2015, the Financial Authority Services (Otoritas Jasa Keuangan – "OJK") issued Regulation No. 15/POJK.04/2015 on Implementation of Sharia Principles in Capital Markets ("POJK 15"), replacing Bapepam-LK Regulation No. IX.A.13 concerning Issuance of Sharia Securities ("Bapepam Reg. IX.A.13").
    IndonesiaFinance and Banking
    AKSET Law
    AKSET Law
  • Article

    DKI Jakarta Is Now Covid-19 PPKM Level 1

    With the Corona Virus Disease 2019 Pandemic seemingly abating, the Government has incrementally relaxed its previously stringent public activity restrictions policies.
    IndonesiaCoronavirus (COVID-19)
    AKSET Law
    AKSET Law
  • Article

    Minister Of Home Affairs Issues PPKM Instruction For Christmas And New Year

    The Minister of Home Affairs (the "MOHA") has just issued the latest directive regarding Public Activity Restrictions (Pemberlakuan Pembatasan Kegiatan Masyarakat or "PPKM")...
    IndonesiaCoronavirus (COVID-19)
    AKSET Law
    AKSET Law
  • Article

    Bappebti Now Regulates Use Of Robo Advisors In Futures Commodity Trading

    With the growth of illegal investment platforms recently, the Indonesian Commodity Futures Trading Regulatory Agency (Badan Pengawas Perdagangan Berjangka Komoditi or "Bappebti")...
    IndonesiaFinance and Banking
    AKSET Law
    AKSET Law
  • Article

    Introduction To Bonded Storage Areas

    The government established the legal framework for Bonded Storage Areas in order to incentivize industrial production and trade across the country.
    IndonesiaTax
    AKSET Law
    AKSET Law
  • Article

    New Regulation On Partnerships Within Marine And Fisheries Sector

    On October 2, 2023, the Minister of Maritime Affairs and Fisheries (the "MOMF") issued Regulation No. 31 of 2023 on Partnerships within the Marine and Fisheries Business Sector ("Regulation 31").
    IndonesiaTransport
    AKSET Law
    AKSET Law
  • Article

    Regulatory Overhaul For P2P Lending Business Finally Issued

    The Financial Service Authority ("OJK") recently issued OJK Regulation No. 10/POJK.05/2022 dated July 4, 2022 on Information Technology Based Collective Financing Services ("POJK 10/2022").
    IndonesiaCorporate/Commercial Law
    AKSET Law
    AKSET Law
  • Article

    Asia Tax Bulletin - Spring 2025

    It is Spring-time, so here is the Spring edition of our Asia Tax Bulletin with the latest news on tax developments in Asia.
    WorldwideTax
    Mayer Brown
    Mayer Brown

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