Ayik Candrawulan Gunadi

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New Regulation to Speed Up Development of Infrastructure Projects Assigned to Public Works Ministry

Indonesia - November 2 2022 The President has issued a new regulation, which came into effect on 27 September 2022, which grants the Ministry of Public Works and Housing…

Indonesia’s SOE Ministry to Require Proactive Risk Management in Public Companies

Indonesia - October 20 2022 Two years after the “Three Lines Model” risk management protocol was issued by the Institute of Internal Auditors (https://www.theiia.org/) to help…

Jaime Angelique

OJK Moves to Better Regulate Stock Splits and Reverse Stock Splits by Public Companies

Indonesia - September 26 2022 A stock split (“SS”) is where a company subdivides its shares by splitting 1 share into 2 or more shares based on an agreed ratio. This results in an…

Nesya Ashari, Novario Asca Hutagalung

Moratorium on Private Port Licenses Could Leave Miners High and Dry

Indonesia - September 16 2022 Under Indonesian law, private entities can apply for a license to construct, operate and manage a dedicated or “special” sea terminal (“Special…

Muhammad Muslim

New Bank Indonesia Regulation Provides Further Guidance on Payment Systems Regime

Indonesia - August 30 2022 The central bank, Bank Indonesia (“BI”), has issued an Implementing Regulation to follow up on its recent series of regulations focused on payment…

Ammalia P Putri, Nina Santoso