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BAPEPAM-LK REGULATION ON GUIDELINES FOR SUBMITTING REGISTRATION STATEMENTS

On 30 December 2011, the Indonesian Capital Market and Financial Institutions Supervisory Agency (“Bapepam-LK”) issued Regulation No IX.A.1 (“Regulation”) which revoked the previous 1996 Regulation No. IX.A.1.

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COMPANY ARCHIVE OBLIGATIONS

On 27 February 2012, the Government issued Government Regulation No. 28 of 2012 on the Implementation of Law No. 43 of 2009 on Archives (“GR 28/2012”)

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INDONESIA'S M&A NOTIFICATION REGIME

Over a decade has now passed since the passage of Indonesia’s Anti-Monopoly Law (“AML”) in 1999.

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GOOD CORPORATE GOVERNANCE FOR INSURANCE COMPANIES

The Ministry of Finance has issued new Regulation No. 152/PMK 010/2012 on Good Corporate Governance dated 3 October 2012 (“Regulation No. 152”) as an implementation of Government Regulation No. 7 of 1992 on Insurance Business

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NEW BANK INDONESIA REGULATIONS: AN EFFORT TO BRING HOME OFFSHORE LOAN AND EXPORT PROCEEDS

On 30 September 2011, Bank Indonesia promulgated new Bank Indonesia regulations1 requiring export and offshore loan proceeds to be received and drawn down (as applicable) through foreign exchange banks in Indonesia (including branches of foreign banks in Indonesia) (“FX Banks”) which willcome into effect as of 2 January 2012 (“Bank Indonesia Regulations”).

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