21 Jan 2025
ABNR Shines in 2025 Legal 500 Asia Pacific Rankings
We are thrilled to announce that ABNR has once again demonstrated its excellence, securing top-tier rankings in the 2025 Legal 500 Asia Pacific, published on January 15.Top-Tier Practice AreasABNR is proudly ranked as a Tier-1 firm in nine practice areas:Antitrust & CompetitionAviationBanking & FinanceLabour & EmploymentProjects & EnergyReal EstateRestructuring & InsolvencyTMT…
16 Jan 2025
Unbundling Electricity Business Activities: A Threat to State Control?
On 29 November 2024, the Indonesian Constitutional Court (Mahkamah Konstitusi or “MK”) issued decision number 39/PUU-XXI/2023 (“MK Decision 39”) which might affect the Independent Power Producer (“IPP”) business scheme in Indonesia due to its “unbundling” nature.Unbundling Electricity BusinessThe concept of unbundling electricity business activities is outlinedin Article 10, paragraphs (1) and…
04 Jan 2025
OJK Releases New Guidelines for the Implementation of Sharia-Based Products
Indonesia’s Financial Services Authority (“OJK”) has taken a major step towards advancing regulation and consistency of the country’s sharia banking sector with the introduction of new guidelines for sharia-based banking products. Issued in October 2024, these guidelines are designed to reinforce the distinctive characteristics of sharia banking and highlight its unique competitive advantages, distinguishing…