BANK INDONESIA REGULATES THE FINTECH BUSINESS
On 14 November 2016, Bank Indonesia officially launched its Financial Technology (or FinTech) Office.
Download read moreBP MIGAS DECLARED UNCONSTITUTIONAL BY CONSTITUTIONAL COURT
The Constitutional Court (“MK”) has struck down several articles in the Oil and Gas Law related to BPMigas’ establishment and duties.
Download read moreCONSTITUTIONAL 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.
Download read moreKPPU INVESTIGATES ALLEGED MOTOR SCOOTER CARTEL
The KPPU has conducted its first hearing into an alleged motor scooter price fixing cartel between Astra and Yamaha, the dominant players in this market.
Download read moreBEEF IMPORT CARTEL
On 22 April 2016, the Business Competition Supervisory Commission (KPPU) found 32 importer and feedlot companies in violation of Articles 11 and 19(c) of the anti-monopolies law and levied fines totaling over Rp.107bn (approximately USD8m at current exchange rates).
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