CBIRC issued newly revised Health Insurance Measures -
On 31 October 2019, the China Banking and Insurance Regulatory Commission (CBIRC) promulgated the newlyrevised Administrative Measures for Health Insurance (Health...more
9/18/2020
/ Asset Management ,
China ,
Commercial Insurance Policies ,
Consumer Insurance Products ,
Foreign Investment ,
Health Insurance ,
Hong Kong ,
Indonesia ,
Insurance Regulations ,
Property Insurance ,
Reinsurance ,
Singapore
Entering a new market can be a game changer for businesses in the consumer industry, but it can come with some significant legal risks. Consumer protection laws, supply chain issues, product regulation, data privacy issues,...more
9/16/2020
/ Antitrust Provisions ,
Business Development ,
Business Formation ,
Business Pursuits ,
Doing Business ,
Germany ,
Indonesia ,
Intellectual Property Protection ,
Singapore ,
UK ,
Vietnam
The Medium Term National Development Plan (Rencana Pembangunan Jangka Menengah Nasional) 2020-2024, issued by the Indonesian Ministry of National Development Planning (Bappenas) (RPJMN), seeks annual economic growth of 6...more
2019 was an interesting year, especially politically and legally. Yet Indonesia has made it to 2020 better and stronger.
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1/13/2020
/ Exports ,
Financial Institutions ,
Indonesia ,
Investment ,
Merger Controls ,
Native Language ,
Natural Resources ,
New Regulations ,
Non-Bank Lenders ,
Regulatory Requirements ,
Small and Medium-Sized Enterprises (SMEs) ,
Startups
On 19 September 2019 the Financial Services Authority (OJK) issued OJK Regulation No. 24/POJK.05/2019 on Business Plans for Non-Banking Financial Institutions (NBFI Business Plan Regulation). Whilst this long-awaited...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
Round-up: Indonesia is our new quarterly newsletter, rounding up all the latest legal updates and events in Jakarta.
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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
2/13/2019
/ Capital Markets ,
Capital Raising ,
Crowdfunding ,
Early Stage Companies ,
Emerging Growth Companies ,
Indonesia ,
Initial Public Offering (IPO) ,
Investment Opportunities ,
Regulatory Oversight ,
Regulatory Requirements ,
Startups
As part of its 16th economic package, the Government of Indonesia (GOI) announced on 16 November 2018 that in order to attract further foreign investment, it intends to relax the restrictions on foreign direct investment...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
Recent changes to the mining investment regime remind us that it is more important than ever to think ahead and carefully plan your mining divestment strategy.
...more
The Parliament of Mongolia adopted the Amendment Law ("Amendment") to the Law of Mongolia on Labour ("Labour Law") on 21 April 2015. The amended law has now been published in the State Gazette, bringing it into force....more