31 Mar 2022
Indonesia’s Commodities & Futures Regulator Publishes Updated List of Approved Overseas Investments
Indonesia’s Commodity Futures Trading Regulatory Agency (“Bappebti”) has issued the latest iteration of its list of approved futures and other derivative contracts traded on overseas futures exchanges. The list, which is updated annually, is of considerable interest to Indonesian investors as it allows them to directly deal in such instruments through a Bappebti-licensed Indonesian…
22 Mar 2022
New Decree Should Help Resolve Long-standing Licensing Problems in Mining Sector
On 21 January 2022, the Minister of Energy and Mineral Resources (“MEMR”) issued Decree No. 15.HK/HK.02/MEM.B/2022 on Application and Issuance Procedures for Mining Business Licenses (“Decree 15/2022”).[1] This occurred only a few months after the Ministry of Investment had revoked a number of mining business licenses (“IUPs”). As reported by the media, the license…
09 Mar 2022
Risk-Based Licensing Framework Introduced for Indonesia’s Nuclear Sector
On 10 January 2022, the Nuclear Energy Regulatory Agency (“Bapeten”) issued Regulation No. 1 of 2022 on Business Licensing in the Nuclear Sector (“Reg. 1/2022”).[1] It creates a new framework for accommodating the nuclear sector within the risk-based licensing system introduced by Government Regulation No. 5 of 2021 (“GR 5/2021”).[2] It revokes the previous nuclear-sector…