Indonesian Legal Brief

Formulation and Submission of Good Corporate Governance Reports by Venture-Capital Companies
In a bid to implement Article 42 (2) of Financial Services Authority Regulation No. 36/POJK.05/2015 on Good Corporate Governance by Venture-Capital Companies, the OJK has issued Circular No. 4/SEOJK.05/2018 on Reporting the Implementation of Good Corporate Governance for Venture-Capital Companies.
Job Levels and Qualifications within the Palm-Oil Plantation Sector
The Ministry of Agriculture has decided to implement the Indonesian National Qualification Framework through the issuance of Regulation No. 49/PERMENTAN/SM.200/12/2017 on the Indonesian National Qualification Framework and Standards for Workers in the Palm-Oil Plantation Sector. The KKNI consists of a set of guidelines for improving the quality of human resources within the palm-oil plantation business sector through education, training and certification activities.
Pictorial Health Warnings for Tobacco-Product Packaging Updated
The Ministry of Health recently issued Regulation No. 56 of 2017, which amends Ministry Regulation No. 28 of 2013 on the Affixation of Health Warnings and Information to Tobacco-Product Packaging.
Implementation of Post-Border Supervision for Imports of Specific Products
In a bid to improve the overall effectiveness of imports of specific products , as well as to introduce stricter post-border supervisory measures, the Ministry of Trade has issued Regulation No. 12 of 2018, which amends Ministry Regulation No. 87/M-DAG/PER/2015 on Import Provisions for Specific Products.
Govt. Reamends Imports Provisions for Iron, Steel, Alloy Steel and Their Derivative Products
The Ministry of Trade has issued Regulation No. 22 of 2018, which amends Ministry Regulation No. 82/M-DAG/PER/12/2016 on Import Provisions for Iron, Steel, Alloy Steel and Their Derivative Products for the third time.
SNI for Electrical Products Updated
The Ministry of Energy and Mineral Resources (“Ministry”) recently updated provisions on the enforcement of the Indonesian National Standard (Standar Nasional Indonesia – “SNI”) for household electrical products through the issuance of Regulation No. 2 of 2018 on the Implementation of the Mandatory Indonesian National Standard within the Electrical-Power Sector
Government Introduces Stricter Supervision for Imports of Used Capital Goods
In a bid to introduce stricter post-border supervisory measures for importations of used capital goods, the Ministry of Trade has issued Regulation No. 17 of 2018, which amends Regulation No. 127/M-DAG/PER/12/2015 on Import Provisions for Used Capital Goods .
New Regulation on Income-Tax Allowances for Investments within the Industrial Sector
The Ministry of Industry has issued Regulation No. 1 of 2018 on Criteria and/or Requirements for the Implementation and Utilization of Income-Tax Allowances for Investments in Certain Business Sectors and/or Areas within Industrial Sectors.
Establishment of the Delivery Order Online Service for Imported Goods at Seaports
As part of the government’s 15th economic policy package, the Ministry of Transportation has issued Regulation No. PM 120 of 2017 on the Delivery Order Online Service for Imported Goods at Seaports.
OJK Sets New Guidelines on Real-Estate Investment Funds
As part of the Indonesian Government’s 11th Economic Policy Package, the Financial Services Authority has issued Regulation No. 64/POJK.04/2017 on Real-Estate Investment Funds in the Form of Collective-Investment Contracts.
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