News

BI Issues PADG 13/2025: Consolidating and Specifying Money Market and FX Market

20 Aug 2025 IntroductionTo support the modernization and deepening of the Money Market and Foreign Exchange Market(“MFEM”), Bank Indonesia (“BI”) has introduced a comprehensive regulatory framework to strengthen financial market infrastructure. This initiative, set out in BI Regulation No. 6 of 2024, provides the legal foundation for MFEM operations. A key objective is to ensure that both systemic and critical…

The Data Deal: What the Indonesia-US Reciprocal Trade Agreement Means for Cross-Border Data Transfers

18 Aug 2025 Indonesia and the United States (US) recently reached a preliminary agreement that allows the cross-border transfer of Indonesian citizens’ personal data to the US, as part of broader trade and digital cooperation discussions. This development has raised questions from business undertakings, in its interaction with Indonesia’s Law No. 27 of 2022 on Personal Data Protection (“PDP Law”) and the implications…

“What does it really take to become a corporate lawyer?”

14 Aug 2025 Last Saturday, 9 August 2025, ABNR Counsellors at Law opened its doors to 101 outstanding students from 23 universities across Indonesia for our Open Day. These students, selected from hundreds of applicants in their 3rd semester and beyond, were invited to see first-hand what life as a corporate lawyer truly looks like.In two engaging sessions (morning and afternoon), our lawyers—from juniors to…

2-Year Rule and Abandoned Land: Authority, Process, and Consequences

11 Aug 2025 Public Spotlight on Abandoned Land TakeoverOn 13 July 2025, Mr. Nusron Wahid, the Minister of Agrarian Affairs and Spatial Planning/Head of Land Agency (“MOAA”) made a public statement asserting that the government has the authority to reclaim land from the landowners if such land has remained unutilized for 2 consecutive years, thereby classifying it as abandoned land. He further stated that…

Breaking Barriers in the Courtroom: ABNR’s Ulyarta Naibaho Named to ALB Asia Super 50 Disputes Lawyers 2025

04 Aug 2025 In a field long defined by pressure, precision, and power plays, ABNR Partner Ulyarta Naibaho has earned her place among Asia’s most formidable dispute resolution specialists, named to the Asian Legal Business (ALB) Asia Super 50 Disputes Lawyers 2025.With women making up less than a quarter of the list, Uly’s recognition isn’t just personal, it’s emblematic of the growing influence of women reshaping…

ABNR Advises PT Samudera Indonesia Tbk (SMDR) on IDR500 Billion Phase II Sukuk Ijarah Issuance for Strategic Maritime Expansion

29 Jul 2025 We are pleased to congratulate our long-standing client, PT Samudera Indonesia Tbk (SMDR), on the successful completion of its Phase II public offering of Sukuk Ijarah, raising IDR500 billion (2025 SMDR Sukuk Ijarah). This follows the IDR550 billion Phase I issuance completed in 2023, marking a continued success for SMDR’s fundraising strategy under its perpetual public offering program.ABNR acted…

Empowering Indonesia’s Rail Future: ABNR Acts on Landmark Financing for KAI’s Fleet Modernization

21 Jul 2025 We are proud to have advised PT Kereta Api Indonesia (Persero) (KAI) on securing a landmark syndicated investment credit facility for the major procurement of hundreds of SS New Generation train carriages, under KAI’s 2023–2026 Replacement Program.The facility agreement, signed on 17 March 2025, represents a key step in KAI’s long-term plan to modernize its fleet and enhance the reliability of its…

ABNR Named Best Full-Service Law Firm in Indonesia by Hukumonline

24 Jun 2025 We are thrilled to announce that ABNR has been recognized as the Best Full-Service Law Firm in the 2025 edition of the Hukumonline Top 100 Indonesian Law Firms.This achievement reflects the dedication and excellence of our entire team, and the trust our clients and peers continue to place in us. We remain committed to delivering comprehensive, high-quality legal services across all practice areas,…

Bank Indonesia Strengthens Payment System Governance under Regulation No. 4 of 2025

23 Jun 2025 Bank Indonesia (BI) has issued Regulation No. 4 of 2025 on Payment System Policy (“Regulation 4/2025”) to reinforce the stability, security, and efficiency of Indonesia’s payment ecosystem. The regulation revokes and replaces BI Regulation No. 18/9/PBI/2016 on Payment System and Rupiah Management Supervision and forms part of BI’s broader Policy Mix (Bauran Kebijakan Bank Indonesia or BKBI) response…

OJK’s Financial Conglomerate Framework: Preparing for the June Deadline

20 Jun 2025 Indonesia has issued a new regulation on financial conglomerates that significantly reshapes how business groups in the financial sector must structure and report their operations. This update is particularly relevant for foreign investors, private banks, and digital finance platforms ahead of the June 2025 compliance deadline.To implement Law No. 4 of 2023 on the Development and Strengthening of…

MEMR 10 2025: A Bold Roadmap for Sustainable Electricity

10 Jun 2025 In response to Presidential Regulation No. 112 of 2022 on the Acceleration of the Development of Renewable Energy Power Plants for Electricity Supply (PR 112/2022), the Minister of Energy and Mineral Resources (MEMR) has finally issued Regulation No. 10 of 2025 on the Roadmap for Energy Transition in the Electricity Sector (MEMR 10/2025).This roadmap outlines the country’s plan to reduce reliance…

Unlocking the Future: A Deep Dive into OJK's New Financial Services Aggregation Regulations

04 Jun 2025 The Financial Services Authority of the Republic of Indonesia (Otoritas Jasa Keuangan, “OJK”) has issued Regulation No. 4 of 2025 on Financial Services Aggregation Organizers (“POJK 4/2025”). The regulation aims to promote the development of financial products and services, enhance consumer protection, and manage risks associated with aggregation activities.Overview of Financial Services…