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The New Incentive(?) for Whistleblowers for Revealing Crimes of Corruption

To date, the Indonesian government and institutions have largely remained entrenched in an endemic culture of corruption. Despite major victories before the court by the Corruption Eradication Commission (“KPK”) in recent years, crimes of corruption (especially bribery and gratification) remain a major problem at every level of government institution.

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Indonesian Equity Crowdfunding Regulation

The Financial Services Authority (“OJK”) issued OJK Regulation No. 37/POJK.04/2018, on 31 December 2018 on equity crowdfunding services (the “Crowdfunding Services”) which allow offers of shares for sale by an issuer directly to investors through an open information technology system (“POJK 37/2018”).

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Merger Reportability Analysis

Under Government Regulation Number 57 of 2010 and Indonesian Competition Authority (KPPU) Guidelines Number 02 of 2013, find out the criteria for determining whether a foreign merger conducted outside Indonesia is reportable under the current Indonesian merger control rule.

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Requirement in the OSS System for Companies to Adjust Their KBLI to the 2017 KBLI

On 11 October 2018, both the Online Single Submission (“OSS”) Team and the Directorate General of General Legal Administration in their websites posted a joint notice of the Ministry of Law and Human Rights

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Five Issues Commonly Encountered in Commercial Building Leases in Indonesia

Leasing an office space is an easy way for a business to acquire office space in a prime area, and to help the business to free up working capital.

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