Bank Indonesia's National Payment Gateway Introduced
The regulation on the national payment gateway has finally been issued. Bank Indonesia (“BI”), through its regulation No. 19/8/PBI/2017 (“PBI 19/8”) which was promulgated on 22 June 2017, aims to establish national payment system interoperability by implementing switching interconnectivity.
Download read moreNew Indonesian Regulation Requires Ministerial Approval for Changes to Shareholdings or Board Members of Companies doing Business in the Field of Energy and Mineral Resources
On 14 July 2017, the Minister of Energy and Mineral Resources (“MEMR”) issued MEMR Regulation No. 42 of 2017 on the Supervision of the Implementation of Business Activities in the Field of Energy and Mineral Resources (“Reg 42/2017”)
Download read moreAGM Reminder 2017
For those companies who have completed their tax reporting responsibilities for 2016 accounting year, it is time to turn the board’s attention to the Annual General Meeting (“AGM”).
Download read moreINDONESIA'S NEW CONSTRUCTION LAW
On Thursday 15 December 2016 the House of Representatives passed the new Law on Construction Services (“New Construction Law”) that replaces the previous law (“Law No. 18/1999”).
Download read moreNEW REGULATION ON THE PROTECTION OF PERSONAL DATA: KEY PROVISIONS
At the end of 2016, the Minister of Communication and Informatics issued Regulation No. 20 of 2016 on Personal Data Protection within Electronic Systems (“Regulation 20/2016”) to implement Article 15 (3) of Government Regulation No. 82 of 2012 on the Organization of Electronic Systems and Transactions (“GR 82/2012”).
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