Business

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

Further Elaboration of the Digital Bank Regulations in Indonesia

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 […]

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Our team have been awarded the Equity Market Deal of the Year at the Asian Legal Business Indonesia Law Awards 2021

Our team have been awarded the Equity Market Deal of the Year at the Asian Legal Business Indonesia Law Awards 2021

Our team have been awarded the Equity Market Deal of the Year at the Asian Legal Business Indonesia Law Awards 2021, which was presented in its online ceremony on Thursday, 7 October 2021. We won this award as the sole counsel in Bank Permata’s Rights Issue deal. We are truly honored by this recognition. A

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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

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

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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

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

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A Preparation for the Long-Awaited “Positive List” and What to Expect

A Preparation for the Long-Awaited “Positive List” and What to Expect

In order to increase investment and create jobs, along with the empowerment of cooperatives and micro, small and medium enterprises (usaha mikro, kecil, dan menengah – “UMKM“), the Indonesian government is currently working to prepare the change of Presidential Regulation No. 44 Year 2016 on Lists of Business Fields that are Closed for and Business

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