Draft Bill on KPK Law to Regulate Wiretapping in Detail
Duties and responsibilities KPK to be clear
Indonesia is no Longer Blacklisted by FATF
Follows implementation of tough measures on money laundering and terrorist financing
Gratification Control Will Prevent Corruptive Behaviour
A firm commitment from officials is needed
Indonesian Law Digest
Indonesia’s Capital Market in a Nutshell
Friday, June 26, 2015
To maximize the above untapped financing potential of capital market investors, it is important to provide sufficient information so that the broader community can better understand the conduct of capital market in Indonesia, while waiting for the revision of Capital Market Law.
Auctioned Assets: To Buy or Not To Buy (Part II)
Friday, June 19, 2015
The main themes of this ILD are the requirement to sell property though an auction, and the legality of buying auctioned assets. Discussion will be divided into the three sequential sections of Pre-Auction, the Auction, and Post Auction.
Understanding the Commodity Futures Trading
Friday, June 12, 2015
In general commodity futures trading provides the three important functions of hedging, price discovery, and price referencing. Unfortunately, the level of understanding of how such trading works is generally low due to its complexity.
Indonesian Legal Brief
BI Strengthens Monetary Supervision
Monday, June 29, 2015
The stated aim of the 2015 Regulation is to maintain and preserve the rupiah’s exchange rate by strengthening the supervision of monetary related matters. Under the 2015 Regulation, BI may perform indirect supervision and examinations of individuals and business entities to ensure their compliance with monetary regulations.
BI Relaxes LTV and FTV Ratios for Property and Motor Vehicle Loans
Friday, June 26, 2015
Bank Indonesia (“BI”) has issued Regulation No. 17/10/PBI/2015 on Loan to Value Ratio or Financing to Value Ratio for Loan and Financing Facilities for Property and Advance Payments for Loans or Financing Facilities for Motor Vehicles (“2015 Regulation”). The 2015 Regulation also sets out criteria of commercial and sharia banks that are eligible for the new LTV and FTV ratios.
Govt Excludes Certain Goods from Luxury Sales Tax
Thursday, June 25, 2015
In an effort to boost domestic consumption and increase the tax compliance by taxpayers, the Minister of Finance (“Minister”) has issued Regulation No. 106/PMK.101/2015 on Types of Goods Other than Automobiles Subject to Luxury Sales Tax.
Monthly Law Review
Monthly Law Review May 2015
Friday, May 29, 2015
One piece of legal news that recently surfaced is the failure of the current government to issue new laws. Many new regulations continue to be produced by ministries, but at the level of laws, the Indonesian parliament has been notably slow with its work products. Reasons given include failure to provide academic drafts and the many recesses the parliament takes.
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.