The Indonesian Government has recently issued new regulations devolving the taxation of electricity to regional government (the Regulations).* The Regulations set out the details that may be covered in regional…
On 2 March 2023, the Indonesian Financial Services Authority (the Authority) issued a new circular letter* (Circular Letter), applicable to issuers or public companies, that sets out new procedures for…
The Indonesian Financial Services Authority (OJK) has issued a new circular letter, Number 6/SEOJK.03/2023* which took effect on 21 February 2023, allowing conventional commercial banks to convert to Sharia commercial…
The new capital of Indonesia, Nusantara, planned for East Kalimantan, on the island of Borneo, is scheduled to be completed by 2024. To aid in its completion, the government has…
Minister for Energy and Mineral Resources has issued new regulations relating to the obligation for certain domestic coal producers to allocate 25% of coal production for domestic use. The quota…
In order to boost domestic industry, the Minister of Industry of the Republic of Indonesia has introduced new regulations on industrial standardisation (the Regulations).* The Regulations allow the Minister to…
The Minister for Energy and Mineral Resources has recently issued new regulations relating to licensing in the mineral and coal subsector (the Regulations).* The Regulations came into force on 22…
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…