NEW REGULATION ON IMPORT IDENTIFICATION NUMBERS
On September 2015, the Minister of Trade issued a Regulation No. 70/M-DAG/PER/9/2015 on Import Identification Numbers. The regulation came into effect on 1 January 2016 and revoked the previous API regulation: MOT Regulation No. 27/M-DAG/PER/5/2012 as lastly amended by MOT Regulation No. 84/M-DAG/PER/5/2012.
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NEXT ARTICLES
CONSTITUTIONAL COURT RULING ON PRENUPTIAL AGREEMENT
The Constitutional Court on 27 October 2016 ruled on a judicial review application of Articles 21 (1) and (3) and 36 (1) of Law No. 5 of 1960 on Basic Provisions on Agrarian Principles (“Agrarian Law”) and Articles 29 (1), (3) and (4) and 35 (1) of Law No. 1 of 1974 on Marriage (“Marriage Law”) through ruling No. 69/PUU-XIII/2015.
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Indonesia’s Interest Rate Reference Reform: Introducing IndONIA as the Replacement for JIBOR
Issue 1, February 2024 | This advisory outlines the transition from the Jakarta Interbank Offered Rate (JIBOR) to the Indonesia Overnight Index Average (IndONIA)
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The New Indonesian Umbrella Regulation on Payment Systems: Key Points that Foreign Investors Should be Aware of
On 30 December 2020, Bank Indonesia issued Bank Indonesia Regulation No. 22/23/PBI/2020 of 2020 on Payment Systems (“Payment Systems Regulation”). The Payment Systems Regulation is intended to serve as an “umbrella” regulation that provides a regulatory framework for the Indonesian payment systems industry. This regulation will come into force on 1 July 2021.
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Coming Soon: Indonesia’s Personal Data Protection Agency
Issue 7, April 2024 | This advisory covers the updating of the Personal Data Protection Agency, one of the forthcoming developments under Indonesia’s Personal Data Protection Law.
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