Draft Bill on Banking Should Accommodate Bail-In Mechanism
Bail-in scheme a self-healing mechanism for banks in times of crisis
Government Not Enforcing Cigarette Restrictions
Around 250 thousand children are active smokers
ILD This Week: Revising the Patent Law
An attempt to reframe the Protection of Invention
Indonesian Law Digest
Revising the Patent Law
Friday, March 27, 2015
In response to the rapid developments in technology, which has not been followed by a commensurate increase in the number of patent registrations, the Draft Bill aims to establish a clearer regulatory framework to support the protection of technological innovation in Indonesia, something which was not achieved under the 2001 Patent Law.
Legal Due Diligence in the Mining Sector
Friday, March 20, 2015
This Indonesian Law Digest (ILD) is targeted at legal scholars, lawyers, mining companies, and the public at large, and gives an overview of LDD for the mining sector reflected against provisions under the HKHPM Standard, mining and other relevant regulations, and also informing about common practices.
Suspension of Debt Payment Obligation
Friday, March 13, 2015
With last week’s Indonesian Law Digest (“ILD”) discussing bankruptcy, this week’s ILD will discuss matters pertaining to SOP. To this end, this ILD will discuss the following matters: Brief discussion on jurisdiction of the Commercial Court; Objective of SOP; Parties to SOP proceedings; Process of SOP proceedings; and Appeal, cassation, and review.
Indonesian Legal Brief
New Service Tariffs at the Ministry of Law and Human Rights
Friday, March 27, 2015
In essence, the Amendment adds several new service tariffs at the Ministry of Law and Human Rights (“Ministry”) that are categorized as Non-Tax State Revenue (Penerimaan Negara Bukan Pajak – “PNBP”). The Amendment also changes certain procedures related to these fees for immigration matters and fiduciary securities.
Telecommunications Equipment Certification Updated
Thursday, March 26, 2015
The 2015 Regulation shortens the timeframe for the certification process of telecommunication devices (“Certification”) than that under the 2014 Regulation. The 2015 Regulation is relevant to importers, distributors, assemblers, and any end-user companies and institutions of telecommunication devices.
License for Radio Frequency Spectrum Utilization
Wednesday, March 25, 2015
The Regulation establishes guidelines for businesses that wish to obtain a license to use available radio frequency spectrum. The Regulation is of relevance to telecommunication companies and broadcasting companies.
Monthly Law Review
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.
Monthly Law Review December 2014
Wednesday, December 31, 2014
As has been the case throughout this year and as is evidenced by the greater number of the following summaries being related to its activities, the Financial Services Authority (OJK) remains one of the most active regulatory entities in Indonesia. Of particular note is a recent focus on microfinance institutions and sharia finance, as well as continued efforts to spread financial services more evenly throughout Indonesia, particularly remote areas.