Seaport Companies Question Mandatory Use of Rupiah for Quotations
Minister of Transportation regulation stipulates the use of USD for export-import activities
Petroleum Fund to be Included in State Budget
Government must keep fund accountable and right on track
BKPM to Control Oil and Gas Investment Permits
Simplification of permit process to boost investment
Indonesian Law Digest
AEC on Consumer and Retail: Maximizing the ASEAN Consumer Market Potential
Friday, May 22, 2015
As follow up to previous publications on the AEC, this Indonesian Law Digest (ILD) will map out the AEC and Indonesian regulatory framework pertaining to the consumer and retail sector, limiting the topics covered to the followings subjects: a. Consumer goods, focusing on the free flow of goods, product standardization, intellectual property rights, as well as consumer protection and competition law; and b. Retail business, focusing on micro, small and medium enterprises as well as online-retail.
Legal Due Diligence in the Oil and Gas Sector
Friday, May 08, 2015
This ILD will map out legal issues that need to be covered by those who will be involved in LDD work for an oil and gas related transaction and provide decision makers with an introductory basis to be well informed on the potential legal pitfalls that may arise in a proposed transaction before executing it.
Retirement: What Workers Need to Know
Thursday, April 30, 2015
This Indonesian Law Digest (ILD) will discuss the entitlements of private sector workers on reaching the retirement age, as well as the legal possibilities of working after the pension age. To this end, this ILD will discuss the following matters: Basic definition of pension age; Current entitlement schemes for pensioners; Pension entitlements under the Labor Law; Pension entitlements under BPJS Labor; and Working after the pension age.
Indonesian Legal Brief
OJK Tightens Investment on Pension Fund
Tuesday, May 26, 2015
The Financial Services Authority (“OJK”) has issued Regulation No. 3/POJK.05/2015 on Pension Fund Investment (“2015 Regulation”). The stated aim of the 2015 Regulation is to allow pension fund providers to invest the necessary funds for optimum results, while at the same ensuring the success of pension programs in Indonesia.
New Capital Requirements for Rural Banks
Monday, May 25, 2015
The stated aim of the 2015 Regulation is to develop strong, sound, productive, and competitive national rural banks. This objective is achieved by stipulating comprehensive changes to the capital structure and minimum capital requirements that must be satisfied by rural banks (“Rural Banks”).
Trading Tin-Bullion on the Futures Exchange for Export Purposes
Friday, May 22, 2015
The Head of the Commodity Futures Trading Regulatory Agency (“Bappebti”) recently issued Regulation No. 121/BAPPEBTI/PER/04/2015 on Technical Guidelines for Trading Pure-Tin-Bullion for Export Purposes via the Futures Exchange (“2015 Regulation”). The stated aim of the 2015 Regulation is to implement Minister of Trade Regulation No. 44/M-DAG/PER/7/2014 on Provisions on Tin Exports.
Monthly Law Review
Monthly Law Review April 2015
Thursday, April 30, 2015
To keep readers updated with recent legal developments, this edition of Monthly Law Review covers 60 regulations issued in April. Most of these regulations are dominated by laws ratifying international treaties, transportation policy, and financial services. Other sectors covered include General Corporate, Manufacturing and Industry, Trade, Energy and Natural Resources, Taxation, Consumer and Retail, Telecommunications and Media, and other sectors classify under Miscellaneous.
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.