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Indonesia affirms cap on foreign ownership in insurers at 80

Indonesia - May 9 2018 Indonesia has enacted Regulation no.142018 on Foreign Ownership of Insurance Companies, which came into force on 18 April 2018 and confirms a maximum

Bank Indonesia re-regulates e-money

Indonesia - May 9 2018 In response to the vast growth in technological innovations and the tendency of businesses to integrate in order to create business ecosystems, Bank

Indonesia power sector: New regulation on utilisation of natural gas for power generation

Indonesia - March 2 2017 The Ministry of Energy and Mineral Resources of the Republic of Indonesia (MEMR) recently issued MEMR Regulation No. 11 of 2017 on the Utilisation of

New OJK Regulations on Substantial Shareholding Reporting and GMS Procedure

Indonesia - April 4 2017 On 14 March 2017, the Financial Services Authority (Otoritas Jasa Keuangan, the OJK) issued Regulation No.11 POJK.042017 on Reporting of

New Guidelines for Obtaining Investment Licenses and Facilities: BKPM Reg. 132017

Indonesia - January 8 2018 Last month, BKPM issued a new regulation (Reg. 132017) that sets out, among other things, new rules governing how to obtain investment approval for

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Online Single Submission System: What’s new and the progress so far

Indonesia - August 13 2018 Businesses in Indonesia are entering a digital era of licensing. The Government has taken a significant step in changing how it delivers its licensing