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…
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…