ArticleNew Regulation On Smart BuildingsOn 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 ConstructionAKSET Law
ArticleOJK Issues New Guidelines For Peer-To-Peer Lending BusinessOn 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 BankingAKSET Law
ArticleThe Highly-Awaited Indonesian Personal Data Protection Law Is PassedAfter 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.IndonesiaPrivacyAKSET Law
ArticleHealth Omnibus Law Series – Data Privacy In The Health SectorThis 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").IndonesiaPrivacyAKSET Law
ArticleBusiness Licensing For The Utilization Of Wild Plants And AnimalsOn 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").IndonesiaEnvironmentAKSET Law
ArticleNew OJK Regulation On Bank Business PlanOn 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 BankingAKSET Law
ArticleIndonesian Constitutional Court Orders Government And House Of Representatives To Rectify Job Creation Law Within Two YearsOn 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 SectorAKSET Law
ArticleMinistry Of Health's Guidelines On Covid-19 RecurrenceThe 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 SciencesAKSET Law
ArticleGolden Visas For Foreign InvestorsOn 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").IndonesiaImmigrationAKSET Law
ArticleImplementation Of Sharia Principles In Capital MarketsIn 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 BankingAKSET Law
ArticleDKI Jakarta Is Now Covid-19 PPKM Level 1With 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
ArticleMinister Of Home Affairs Issues PPKM Instruction For Christmas And New YearThe 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
ArticleBappebti Now Regulates Use Of Robo Advisors In Futures Commodity TradingWith the growth of illegal investment platforms recently, the Indonesian Commodity Futures Trading Regulatory Agency (Badan Pengawas Perdagangan Berjangka Komoditi or "Bappebti")...IndonesiaFinance and BankingAKSET Law
ArticleIntroduction To Bonded Storage AreasThe government established the legal framework for Bonded Storage Areas in order to incentivize industrial production and trade across the country.IndonesiaTaxAKSET Law
ArticleNew Regulation On Partnerships Within Marine And Fisheries SectorOn 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").IndonesiaTransportAKSET Law
ArticleRegulatory Overhaul For P2P Lending Business Finally IssuedThe 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 LawAKSET Law
ArticleAsia Tax Bulletin - Spring 2025It is Spring-time, so here is the Spring edition of our Asia Tax Bulletin with the latest news on tax developments in Asia.WorldwideTaxMayer Brown