FINANCIAL SERVICE PROVIDERS TO APPLY THE KNOW-YOUR-CUSTOMER PRINCIPLE (19/02/2010)
The Capital Market Supervisory Agency and Financial Institution (“Bapepam-LK”) has issued a regulation regarding the application of the Know Your Customer principle by financial service providers in the capital market sector. The regulation was issued under Decree of the Chairman of the ...
NEW INVESTMENT PROCEDURES (19/02/2010)
The Investment Coordinating Board (the “BKPM”) has issued on December 23, 2009 a new regulation concerning Guidance and Procedures for Investment Application (the “Regulation”). The Regulation, Number 12 of 2009, was issued as a package of four BKPM new regulations which ...
MINISTER OF TRADE'S REGULATION ON IMPORTATION OF USED CAPITAL GOODS (19/02/2010)
To assist the country’s industrial players with less purchasing power, the Minister of Trade has issued Regulation No. 63/MDAG/PER/12/2009 regarding Provisions for Importation of Used Capital Goods (the “Regulation”). The Regulation basically extends the provision of the earlier ...
COAL AND MINERAL MINERS TO PRIORITIZE DOMESTIC SUPPLIES (19/02/2010)
To prevent shortage of supplies of coal and minerals in the country, the Minister of Energy and Mineral Resources has issued his Regulation No. 34 of 2009 regarding Prioritization of Supplies of Mineral and Coal for Domestic Needs (the “Regulation”). The Regulation will be ...
ELECTRONIC INVESTMENT INFORMATION SERVICES AND LICENSING (19/02/2010)
The Investment Coordinating Board (Badan Koordinasi Penanaman Modal, “BKPM”) continues its efforts to improve the country’s investment climate and address investors’ concerns by issuing new regulations. A number of the regulations that were issued in the last month of ...
ABNR contributed an Indonesian chapter on Getting the Deal Trough - Climate Regulation 2009 (02/02/2010)
Ali Budiardjo, Nugroho, Reksodiputro contributed an Indonesian chapter on Getting the Deal Trough - Climate Regulation 2009 which is published in 17 jurisdictions worldwide. The chapter is authored by Theodoor Bakker, A Zen Umar Purba, Abdul Aziz Wahid, Josephine Hadiwijaya and Mahatma ...
