Regional-Owned Banks Demand Acknowledgment in New Banking Law
Constituted fourth largest group of banks in Indonesia
Govt to Target Tax Revenue from E-Commerce
Regulation on e-commere is required to prevent further losses
Govt Must Impose Additional Tax on Mining Companies
To compensate for environmental damage caused by mining activities
Indonesian Law Digest
Nominee Agreement: Legality in Disguise
Friday, April 17, 2015
This week’s Indonesia Law Digest (ILD) will discuss nominee agreements in relation to investment and land ownership in Indonesia, covering: Validity of nominee agreement under the ICC; Types of nominee arrangements that are used for foreign investment and land ownership by foreign parties; and The binding power of a nominee agreement.
Judicial Review of Water Resources Law: Reaffirming State Control over Water
Friday, April 10, 2015
The main objective of the 2013 MK DECISION was to reinstate State control over water resources and limit intervention of private entities in managing water for public needs. When the Constitutional Court handed down the 2013 MK DECISION, many factors were put into consideration including reviewing not only the principle of how water should be utilized for the greater good, but also the fundamental provisions that allowed water resources to be commercialized through establishing rights over water resources.
Legal Due Diligence in Banking Sector
Thursday, April 02, 2015
This discussion on LDD in the banking sector targets the banking industry, which by 2020 must face the ASEAN Economic Community (AEC) - banking sector integration, which is expected to force banks to enhance their competitiveness and capital strength. At this stage, corporate action is likely to be an option for banks to survive the upcoming AEC.
Indonesian Legal Brief
New Provisions on Biodiesel Mixture Limits
Friday, April 17, 2015
The Third Amendment aims to accelerate the use of biofuels as an alternative to fossil fuel. The Third Amendment also aims to reduce the import of fuel and preserve the State budget.
Risk Management for Non-Bank Financial Institutions
Thursday, April 16, 2015
The Regulation provides guideline for insurance companies, insurance broker companies, pension funds, and financing companies (collectively referred to as “Institutions”) to implement procedures and methods to identify, measure, monitor, and control risk, so called “Risk Management”.
New Provisions on Mandatory Domestic Mineral Purification
Wednesday, April 15, 2015
The Amendment makes changes to the following provisions: Joint operation between mining companies to process/purify minerals; Cooperation between mining companies and research or educational institution to develop domestic mineral processing/purification; and Requirements for minimum levels of processed/purified minerals.
Monthly Law Review
Monthly Law Review March 2015
Tuesday, March 31, 2015
The 47 regulations discussed in this Monthly Law Review edition are dominated by regulations in the transportation and media and telecommunications sectors. Other sectors covered include General Corporate, Trade, Energy and Natural Resources, Taxation, Consumer and Retail, and other sectors classify under Miscellaneous.
Monthly Law Review February 2015
Friday, February 27, 2015
In addition to judicial system and aviation industry, other sectors are also discussed in February’s Monthly Law Review edition, covering 48 regulations from following sectors: General Corporate, Energy and Natural Resources, Trade, Financial Services, Taxation, and other sector that we classify as Miscellaneous.
Monthly Law Review January 2015
Friday, January 30, 2015
This edition of Monthly Law Review reviews 56 regulations, covering sectors such as trade, energy & natural resources, general manufacturing & industry, corporate, taxation, financial services, and other sectors under the heading of miscellaneous.