Last year, the government ratified the Convention Abolishing the Requirement of Legalisation for Foreign Public Documents (the Convention)*, and as a follow-up, the government has recently issued New Regulations** regarding…
On 14 April 2022, the Minister for Energy and Mineral Resources of the Republic of Indonesia (the Minister) issued a New Decree* that applies to certain mining companies. The New…
The Indonesian government has issued Presidential Regulation 55 (PR 55)* that regulates the delegation of authority to grant certain business licenses in the mineral and coal mining sector as an…
The Indonesian government has just enacted the law on the nation's capital city (the “Law”)*. Based on the Law, the current capital of Indonesia, Jakarta, located on the island of…
Bank Indonesia has launched a new system of fast and safe digital payments for retail customers.* Bank Indonesia calls this payment system, Fast Payment, or BI-Fast. Customers will be able…
The Minister for Energy and Mineral Resources has recently overhauled the system of compensation and fines for companies carrying out coal mining. The new system provides compensation for companies who…
Indonesia has a lot of commercial land, the use of which hasn’t been decided. This land is the object of speculation, which drives up the price across the board. To…
Bank Indonesia has enacted new Regulations,* which amend the previous law by introducing significant new reporting requirements for parties undertaking foreign exchange offshore loans and/or risk participation transactions. Bank Indonesia…
Indonesia introduced Branchless Banking Services, Laku Pandai, in 2014 with a view to bringing banking services to people in Indonesia who are unable to access to financial services. Typically, those…
The Supreme Court has issued a circular stating that the authority to adjudicate objections to decisions of the Commission for the Supervision for Business Competition is to be transferred from…