Indonesia Proposes Mandatory Annual Legal Audits for Businesses
Issue 17, November 2024 | A new draft regulation will require Indonesian businesses to conduct annual legal audits to raise compliance and legal awareness. If the regulation is enacted, companies will need to hire certified legal auditors and submit their reports by year-end.
Download read moreIndonesia Strengthens Competition Commission
Issue 16, November 2024 | A new presidential regulation paves the way for the Indonesian Competition Commission (KPPU) to tackle monopolies and unfair business practices more effectively.
Download read moreNational Leadership Succession and New Hopes for Indonesia's Progress
Issue 15, October 2024 | This article highlights Indonesia’s leadership transition after the 2024 elections, with Prabowo Subianto and Gibran Rakabuming Raka inaugurated as President and Vice President, and the formation of an expanded cabinet focused on economic growth and tackling socio-economic challenges.
Download read moreRegulation Sets Fines of up to IDR3 Billion for Environmental Non-Compliance
Issue 14, October 2024 | This article highlights the new regulatory framework that strengthens oversight and introduces significant penalties in Indonesia’s environmental sector, reinforcing the importance of compliance with environmental permits.
Download read moreNew Rules Tighten Reins on Short-Term Offshore Loans for Indonesian Banks
TILP - Issue 4, October 2024 | This article examines the updated regulatory framework governing short-term offshore loans for Indonesian banks, focusing on the recent changes introduced by Bank Indonesia to enhance prudential measures, mitigate risks, and ensure financial stability.
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