The Minister for Energy and Mineral Resources has issued new mining guidelines to facilitate mineral and coal conservation (the Guidelines)*. The new Guidelines state that in order to expand mining…
The Indonesian government has recently enacted the Financial Sector Omnibus Law,* which aims to provide comprehensive regulations for the Indonesian financial sector. As the name suggests, this regulation covers a…
The Indonesian Financial Services Authority (“OJK”) previously issued Regulation 11/2022,* which took effect on October 7, 2022. This regulation replaced OJK Regulation 38/2016.** Regulation 11/2022 covers a wide range of…
On 13 September 2022, the government issued new regulations updating the current regime relating to foreign ownership of securities (the New Regulations)*. The New Regulations set out the foreign ownership…
The Financial Services Authority, in Indonesian, Otoritas Jasa Keuangan, has recently issued the Financial Services Authority Regulation Number 22 of 2022 concerning Capital Participation Activities by Commercial Banks (the New…
Companies have always been able to raise finance through non-public securities offerings. On 30 December 2022, the Financial Services Authority has enacted Circular 33, which introduces new requirements in relation…
Indonesia’s Minister for Law and Human Rights has recently issued Regulation No. 29/2022 (the New Regulation).1 This regulation came into force on 19 December 2022 and replaced Regulation No. 24/20122.…
Indonesia Financial Authority (Otoritas Jasa Keuangan/”OJK”) has issued Regulation No. 27 of 2022, which amends OJK Regulation No. 11/POJK.03/2016 concerning the Obligation of Minimum Capital Provision for General Banks. The…