This Indonesia Law Digest (“ILD”) will look at financial integration at the ASEAN level, with an emphasize on banking integration. To this end, it will focuses on the following discussion points: ASEAN Cooperation in Finance; Roadmap for Monetary and Financial Integration of ASEAN; ASEAN Financial Integration; ASEAN Banking Integration Framework; Indonesia’s Commitments on ASEAN Banking Integration; Preparation and Challenges

Digestible Overview of Good Corporate Governance: BUMNs, Banks, and Insurance

Friday, July 18, 2014

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This Indonesian Law Digest (“ILD”) will first delineate definitions for good corporate governance and its general content. This will be followed by an overview of current good corporate governance provisions applicable to: State-owned enterprises; Commercial banks; Sharia commercial banks, and Sharia business units; and Insurance companies

How to List on the Indonesia Stock Exchange

Friday, July 11, 2014

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This Indonesian Law Digest (“ILD”) will provide an overview on the process and requirements for undertaking an initial public offering on the IDX under the new Regulation I-A. This includes initial requirements and application filling procedures for listing on the IDX, and also the contents of a prospectus and the procedures to obtain a declaration of registration. The prospectus and a declaration of registration documents are the fundamental requirements to be listed on the IDX.

Monthly Law Review

Monthly Law Review July 2014

Friday, July 25, 2014

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Regardless of the presidential election campaign occupying the majority of public attention through June, Indonesian lawmakers kept busy and a number of new laws and regulations were issued.

Monthly Law Review June 2014

Friday, June 20, 2014

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With the upcoming Presidential election apart from the issue of new regulations, the legal arena has seen activity in regard to regulatory sanctions against media groups for unbalanced reporting in support of one of the 2 presidential candidatures by media groups by the respective media groups with close affiliations to them.

Monthly Law Review May 2014

Thursday, May 22, 2014

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Over this last month the OJK has continued is broad and robust approach to putting in place legislative infrastructure to create a financial services sector with all the bells and whistles of other modern economies. There is still much work to do, particularly in regional areas, but the path has been set and with fees now being paid to the OJK by financial service providers more can be expected.

Opinion

Ratifying the Rome Statute: Almost There and Back Again

Monday, June 30, 2014

Indications of fear amongst Indonesian politicians that the Rome Statute could be abused to interfere with the country’s domestic politics. Prime example is this year’s Presidential candidate, Prabowo Subianto