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Changes in insurance regulation: Mainland China / Hong Kong / Singapore / Indonesia / Vietnam

On 12 January 2021, the China Banking and Insurance Regulatory Commission (CBIRC) issued the Regulating the Informatization Work of Insurance Intermediaries Measures (Insurance Intermediaries Measures), which took effect on 1...more

Private electronic system providers (ESPs) registration deadline extended, Indonesian Ministry of Communication and Informatics...

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

Indonesian regulator set clearer terms for internet platforms (domestic and foreign): Registration, takedown, and (un)blocking

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

Worry no more, foreign investors! Indonesia established a sovereign wealth fund

In line with the spirit of bolstering investment from foreign investors into Indonesia with the aim to create new job opportunities as mandated by Law No. 11 of 2020 on job creation (Omnibus Law), the Government of Republic...more

Round-up: Indonesia – Welcoming 2020

2019 was an interesting year, especially politically and legally. Yet Indonesia has made it to 2020 better and stronger. ...more

Deposit requirement for natural resources export proceeds

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

Round-up: Indonesia

Round-up: Indonesia is our new quarterly newsletter, rounding up all the latest legal updates and events in Jakarta. ...more

New OJK regulation on equity crowdfunding

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

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