Rully Hidayat



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Mandatory Halal Certification in Indonesia: Government Regulation Expected to be Issued Soon

Indonesia - February 25 2019 The Halal Products Law,which entered into effect on 17 October 2014, envisages the establishment of a mandatory Halal certification scheme for…

Monic Nisa Devina.

OJK Issues Umbrella Regulation for Fintech Development, Establishes Regulatory Sandbox Regime

Indonesia - September 20 2018 The financial technology (“fintech”) sector in Indonesia is regulated by two separate institutions: (i) the central bank (Bank Indonesia / “BI”) for…

Elsie F. Hakim.

Indonesia’s FSA Tightens Up Its Supervision Of Finance Companies

Indonesia - February 18 2021 The Financial Services Authority ("OJK") issued Regulation No. 47/POJK.05/2020 of 2020 on Business Licensing and Institutional…

Novario Asca Hutagalung, Freddy Karyadi, Rita Tyastuti Taufik.

Details on the Updated E-Money Regulation

Indonesia - July 12 2018 After nine long years of regulating E-Money transactions, the Indonesian Central Bank (the "Bank Indonesia) has responded to changes in technology by…

Elsie F. Hakim.

New BKPM Regulation Provides Clarity on Pre-2007 PMA Divestment Obligations and Status of Shareholding Foreign Directors/Commissioners as Regards Expatriate Employment Rules

Indonesia - August 23 2019 Indonesia’s Investment Coordinating Board (Badan Koordinasi Penanaman Modal / “BKPM”) has issued a new regulation that amends BKPM Regulation No. 6…

Elsie F. Hakim.