Government Urged to Accommodate Complaint Filing Mechanism into Revision of Oil and Gas Law
Balance between investor protection and the rights of the general public should be sought
Government Urged to Regulate Foreign Lawyers in Draft Bill on Legal Profession
Draft bill should encompass standardization, establishment requirements, and oversight mechanisms
Businesses Express Opposition to Draft Bill on Public-Housing Savings Once More
Public-housing savings committee would inflict financial losses, fund owners claim
Indonesian Law Digest
Revitalizing the Venture-Capital Industry (Part I)
Friday, February 05, 2016
This edition of Indonesian Law Digest (ILD) is the first in a series of ILDs which will discuss the OJK’s new venture-capital regulations. In addition to highlighting the important provisions set out in these new regulations, their differences to the previous regulatory framework, which was based on 18/2012 MoF Regulation, will also be discussed. This is due to the fact that not a single provision under the aforementioned OJK regulations clearly specifies that the 18/2012 MoF Regulation has been repealed.
Water-Resource Utilization: New Name, Same Taste
Friday, January 29, 2016
Government Regulation No. 121 of 2015 introduces the concept of “water utilization” as a basis for the utilization of water resources for commercial purposes, and this concept replaces that of HGUA. Furthermore, Regulation also sets out the relevant licenses to utilize water that apply to businesses working within the water industry, as well as the various limitations that have been placed on the utilization of water.
Draft Bill on the Creative Economy: Certainty or Catastrophe for Indonesian Creativity?
Friday, January 22, 2016
Currently, Commission X at the House of Representatives (House) is striving to incorporate the Draft Bill under the 2016 National Legislation Program. The commission is concerned about the fact that Indonesia should be leading other ASEAN countries as regards its creative-economy sector, due to the incredible potential that exists in this country. However, data reveals that Indonesia is still lagging behind Malaysia, Thailand and Singapore in terms of its exports of creative-economy products. The general perception is thus that there is an urgent need to pass the Draft Bill in order to prevent any negative economic impacts that may arise as a result of the inauguration of the AEC.
Indonesian Legal Brief
Facilities and Leniencies for Special Economic Zones
Friday, February 05, 2016
The government has issued Government Regulation No. 96 of 2015 on Facilities and Leniencies for Special Economic Zones (“2015 Regulation”) in a bid to promote investment within the country’s special economic zones and eventually improve the employment conditions within these areas.
Import Provisions for Complementary Goods, Goods for Market Testing and After-Sales Service
Thursday, February 04, 2016
In essence, the 2015 Regulation sets out the various requirements and procedures for the importation of complementary goods, goods for market testing, and goods for after-sales service (“Goods”), specifically as they apply to holders of Producer Importer Identification Numbers (Angka Pengenal Importir - Produsen – “API-P”).
Licensing and Non-licensing Procedures for Strategic National Construction Projects
Wednesday, February 03, 2016
Presidential Regulation No. 3 of 2016 on the Acceleration of the Implementation of Strategic National Projects has been issued, to set out a number of simplified procedures relating to the implementation of any strategic construction projects considered important for the improvement of the people’s welfare.
Monthly Law Review
Monthly Law Review January 2016
Friday, January 29, 2016
From mid-December 2015 until mid-January 2016, a number of new regulations aimed at business were issued by the government, including several new government regulations on forestry aimed at accelerating the development of non-forestry industry in forested areas. These new regulations should ultimately have a positive contribution to make to the national economy.
Monthly Law Review December 2015
Tuesday, December 22, 2015
There’s inadequate, there’s poor, and then there’s the House of Representatives. The country’s lawmakers may like to believe that they represent the voice and aspirations of the Indonesian people, however what we saw during 2015 was a new low in the already less-than-illustrious history of Indonesian politics.
Monthly Law Review November 2015
Monday, November 30, 2015
In this edition of Monthly Law Review, we also take a look at 56 regulations that we have classified into General Corporate, Energy and Natural Resources, Trade, Taxation, and Financial Services, as well as a section for regulations that could not easily be categorized, and which we have therefore titled “Miscellaneous”.