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 […]
Manpower Expatriates Regulation RPTKA The government issued Law No. 11 of 2020 concerning Job Creation (“Omnibus Law“) in 2020. The Omnibus Law is expected to support the employment opportunity through increased investment. To further implement the Omnibus Law and to upgrade the previous regulation, on 2 February 2021 the government issued Government Regulation No. 34
To encourage a more robust and transparent capital market scene in Indonesia, Indonesia Financial Services Authority/Otoritas Jasa Keuangan (“OJK”) issued a regulation setting out the provisions on the system, procedures and requirements of the electronic public offering or shall be known as electronic Indonesia public offering system (“e-IPO System”). With the issuance of the OJK
In conducting an Affiliated Party Transaction, the publicly listed companies shall have an adequate procedure to ensure that the Affiliated Party Transactions are carried out in accordance with the generally accepted business practices.
Nacounsels – On 20 April 2020, the Financial Services Authority (“OJK”) issued the Regulation of the OJK No. 17/POJK.04/2020 on the Material Transactions and the Business Activities Alterations (“POJK 17/2020”) replacing and updating the Capital Markets and Financial Institutions Supervisory Agency (“BAPEPAM-LK”) regulation on the Material Transactions and the Main Business Activities Alterations which was