NEW REGULATION ON DEBT SECURITIES TRUSTEESHIP (27/10/2010)
The Capital Market and Financial Market Supervisory Agency (“Bapepam-LK”) issued, on 6 September 2010, a new regulation No. VI.C.4 regarding General Provisions and Contracts on Trusteeship of Debt Securities (the “Regulation”). The Regulation was issued in the form of Decree ...
BI TO MONITOR FOREIGN EXCHANGE DEALINGS ELECTRONICALLY (27/10/2010)
The Indonesian central bank, Bank Indonesia (“BI”), has finally issued its Regulation No. 12/16/PBI/2010 regarding Monitoring System for Foreign Currency Against Rupiah Transactions (the “Regulation”). The monitoring system, a real time electronic system named SISMONTAVAR, ...
CONSULTATION WITH KPPU ON MERGERS AND ACQUISITIONS (27/10/2010)
Another instrument for the prevention of monopolistic and unhealthy business competition was issued by the Commission for the Supervision of Business Competition (KPPU) on 20 August 2010. This KPPU regulation No. 11/2010 regarding Consultation on Company Mergers, Consolidations, and Acquisitions ...
PROCEDURE FOR FOREST ZONING CONVERSION (27/10/2010)
The Minister of Forestry has released a number of regulations for the implementation of Government Regulation No. 10 of 2010 regarding Procedures for the Conversion of Forest Areas Allocation and Function (“GR 10/2010”) as well as for the implementation of Government Regulation No. ...
Getting the Deal Through: Shipping 2011 (14/10/2010)
Partner M. Husseyn Umar has provided content for the Indonesia chapter of Getting the Deal Through – Shipping 2011, which was published by Law Business Research Ltd. The publication contain a comprehensive overview on shipping law in 35 jurisdictions worldwide.
