FCPA Compliance Report-Episode 329, James Koukios
On May 30, 2024, the Government of Indonesia (the "GOI") enacted Government Regulation No. 25 of 2024 ("GR 25/2024"), amending Government Regulation No. 96 of 2021 on the Implementation of Mineral and Coal Mining Activities...more
Over the past decade, Indonesia has witnessed substantial advancements in the construction of toll roads. Essential toll roads supporting the transportation of both cargo and passengers are now becoming interconnected. The...more
On 31 May 2021 the Ministry of Communication and Informatics (MOCI) published the MOCI Regulation No. 10 of 2021 on the Amendment of MOCI Regulation No. 5 of 2020, which was promulgated 10 days earlier on 21 May 2021 (MOCI...more
In an attempt to enhance legal certainty, especially with the rapidly developing digital platforms as the pandemic appeared to linger longer than it was previously speculated, the Ministry of Communication and Informatics of...more
This tracker covers a range of developments across the region, including China's measures to further open up China's insurance sector, the guidelines issued by the Hong Kong Insurance Authority in light of the regulatory...more
2019 was an interesting year, especially politically and legally. Yet Indonesia has made it to 2020 better and stronger. ...more
On 10 January 2019 the Government of Indonesia issued a new regulation that further tightens control over the proceeds from the export of Indonesian natural resources. As a result, such proceeds must be retained in Indonesia,...more
10 years after the enactment of Law No. 24 of 2009 on the State Flag, Language, Coat of Arms and Anthem (Language Law), the implementing regulations for the Language Law have finally been issued. On 30 September 2019, the...more
Following the recent hype surrounding equity crowdfunding activities, particularly for startup companies, the Indonesian Financial Service Authority (Otoritas Jasa Keuangan or OJK) issued OJK Regulation No.37/POJK.04/2018...more
Through its recently-issued Regulation No. 18/POJK.07/2018 ("POJK 18/2018"), the Indonesian Financial Services Authority (the "OJK") now requires financial service companies (pelaku usaha jasa keuangan or "PUJKs") to...more
The Indonesian Financial Services Authority (the OJK) will now manage the provisions of digital banking services by commercial banks through its recently issued regulation POJK 12/2018, effective 8 August 2018. POJK 12/2018...more