2021

New Provision of the Payment Services Provider Licensing in Indonesia

New Provision of the Payment Services Provider Licensing in Indonesia

Leave a Comment / 2021, Publications, Uncategorized /

The shifting within society to utilize non-cash payments in their transactions has flourished for the past couple of years. Especially since the global COVID-19 pandemic took place, the development of digital payment systems by companies that dedicate their effort to provide payment system ecosystems has been thriving. In Indonesia, such growth needs to be balanced […]

New Provision of the Payment Services Provider Licensing in Indonesia Read More »

Further Elaboration of the Digital Bank Regulations in Indonesia Products banking POJK

Further Elaboration of the Digital Bank Regulations in Indonesia

Leave a Comment / 2021, Uncategorized /

The development of information technology in the digital era has brought changes in the management and operations of banks. The shifting from the traditional bank concept to the bank of the future is to encourage banking digitalization, among others, by setting-up a digital bank through the new establishment or transformation of an existing bank. This

Further Elaboration of the Digital Bank Regulations in Indonesia Read More »

We Cover Indonesia Section in the “Regulatory Guide to Personal Data Protection in Asia-Pacific.” a Collaboration with the ASEAN Plus Group

We Cover Indonesia Section in the “Regulatory Guide to Personal Data Protection in Asia-Pacific” a Collaboration with the ASEAN Plus Group

Leave a Comment / 2021, Publications /

Increasing globalization, coupled this year with the impact of the COVID-19 pandemic, has driven significant focus on existing data privacy rules across the Asia-Pacific region. It is critical to strike a balance between privacy, technology, and robust regulatory policies. This stability is founded on the knowledge of essential regulatory requirements, which vary from one jurisdiction

We Cover Indonesia Section in the “Regulatory Guide to Personal Data Protection in Asia-Pacific” a Collaboration with the ASEAN Plus Group Read More »

We Contribute in the "Regional Regulatory Guide to Asset Management in Asia-Pacific" a Collaboration with the Asean Plus Group

We Contribute in the “Regional Regulatory Guide to Asset Management in Asia-Pacific” a Collaboration with the Asean Plus Group

Leave a Comment / 2021, Publications /

The “Regional Regulatory Guide to Asset Management in Asia-Pacific” provides an overview of the supervisory regimes, key licensing, and regulatory requirements in asset management in 12 jurisdictions in Asia Pacific. We are thrilled and honored to work with our partner firms in Asean Plus Group and InCorp Global Pte Ltd. We are pleased to contribute

We Contribute in the “Regional Regulatory Guide to Asset Management in Asia-Pacific” a Collaboration with the Asean Plus Group Read More »

An Individual Now Is Able to Establish a Limited Liability Company Businesses Government

An Individual Now Is Able to Establish a Limited Liability Company

Leave a Comment / 2021, Client Alert /

Law No. 40 of 2007 on the Limited Liability Companies (the “Company Law”) has been amended by Law No. 11 of 2020 on the Job Creation (the “Omnibus Law”), in which introduces several aspects related to the micro and small-scale businesses. Following the issuance of the Omnibus Law, on the 2nd of February 2021, the

An Individual Now Is Able to Establish a Limited Liability Company Read More »

Structured Warrant as Capital Market Product - OJK finally issued a regulation that governs the issuance of Structured Warrant

Structured Warrant as Capital Market Product – OJK finally issued a regulation that governs the issuance of Structured Warrant

Leave a Comment / 2021, Client Alert /

Indonesia Financial Services Authority/Otoritas Jasa Keuangan (“OJK”) recently issued a long-awaited regulation with respect to warrants through the issuance of the OJK Regulation No. 8/POJK.04/2021 on the Structured Warrant (“POJK 8/2021”), which came into effect on 19 March 2021.

The newly introduced Structured Warrant is expected to increase the needs of market deepening, an alternative of investment, and hedging instruments in the capital market as well as to increase the liquidity of the trading in the stock exchange.

Structured Warrant as Capital Market Product – OJK finally issued a regulation that governs the issuance of Structured Warrant Read More »

A More Strict Sanctions for the Implementation of the Prohibition of Monopolistic Practices and Unfair Business Competition

More Strict Sanctions for the Implementation of the Prohibition of Monopolistic Practices and Unfair Business Competition

Leave a Comment / 2021, Client Alert /

To boost the country’s new investments, to promote a healthier business climate and to emphasize fair business competition within the framework of professional and accountable supervision, the government has enacted Law No. 11 of 2020 on the Job Creation (the “Omnibus Law“). The Omnibus Law has amended several laws, including Law No. 5 of 1999

More Strict Sanctions for the Implementation of the Prohibition of Monopolistic Practices and Unfair Business Competition Read More »

Issuance of Indonesia Government Regulation 182021 as Indonesia’s Property Business Incentives Right

Issuance of Government Regulation 18/2021 as Indonesia’s Property Business Incentives

Leave a Comment / 2021, Client Alert /

To overcome various bureaucratic and regulatory barriers that impede the economic and business growth in Indonesia, President Joko Widodo issued Law No. 11 of 2020 on Job Creation (“Omnibus Law“), covering amendments to various laws and regulations, including the pre-existing regulations regarding land. To implement the Omnibus Law, the government on the 2nd of February

Issuance of Government Regulation 18/2021 as Indonesia’s Property Business Incentives Read More »

Indonesian Government Employment Law Update: New Provision on Termination and Severance Payment Outsourcing PKWT Work Manpower

Indonesian Employment Law Update: New Provision on Termination and Severance Payment

Leave a Comment / 2021, Client Alert /

In order to improve the quality of the workforce and competitiveness due to the dynamics of globalization and the rapid development of information technology, changes have occurred in the social and economic order, including the manpower sector. These changes pose a strategic challenge that ultimately demands the productivity and competitiveness of human resources. Hence, as

Indonesian Employment Law Update: New Provision on Termination and Severance Payment Read More »