Manpower Ministry Issues Consolidated List of Roles that May be Filled by Expatriate Employees (06/09/2019)
A. Introduction
The Minister of Manpower (the “Minister”) has issued a new decree (Decree No. 228 of 2019 / “Decree 228,”[1] effective 27 August 2019) that sets out a consolidated, 138-page list of positions that may be filled by expatriates in Indonesia. ...
ABNR Recognized in 12 Categories in ABLJ Indonesia Law Firm Awards 2019 (02/09/2019)
Asian Business Law Journal (ABLJ), a prestigious Hong Kong-based legal publication, has named ABNR Counsellors at Law (ABNR) an award winner in 12 categories in the ABLJ Indonesia Law Firm Awards 2019:
Best overall law firms
Aviation
Banking & Finance
Competition & ...
Ministry of Agrarian Affairs Introduces Online System for Administration of Charges over Land (30/08/2019)
A. Overview
The Minister of Agrarian Affairs and Spatial Planning has issued a new regulation (“Reg. 9/2019,”[1] effective 21 June 2019) to provide for the establishment of an online system for the administration of charges over land.
The term ...
Unease as Manpower Ministry Targets Non-Resident Foreign Directors for Breaches of Expatriate-Employment Rules (28/08/2019)
A. Requirement for Non-Resident Foreign Directors to Comply with Expatriate-Employment Rules
Despite the Government’s evident commitment to improving Indonesia’s ease-of-doing-business ranking, old habits clearly die hard. In recent months, we have been ...
SUPREME COURT PUSHES AHEAD WITH EXPANSION OF E-LITIGATION SERVICES (26/08/2019)
A. Overview
The concept of e-litigation was first introduced in Indonesia with the issuance of Supreme Court Regulation No. 3 of 2018 (“Reg. 3/2018”),[1] the scope of which was largely confined to the electronic filing and service of documents, payment of court fees, ...
New BKPM Regulation Provides Clarity on Pre-2007 PMA Divestment Obligations and Status of Shareholding Foreign Directors/Commissioners as Regards Expatriate Employment Rules (23/08/2019)
Introduction
Indonesia’s Investment Coordinating Board (Badan Koordinasi Penanaman Modal / “BKPM”) has issued a new regulation that amends BKPM Regulation No. 6 of 2018 (“Reg. 6/2018”),[1] which sets out guidelines and procedures for licensing and ...
Minister of Finance Issues Regulation Establishing Sanctions for Failure to Repatriate Proceeds of Natural-Resources Exports (22/07/2019)
A. Background
The start of 2019 saw a renewed attempt by the Government to compel exporters of natural resources-based commodities to repatriate their export earnings and deposit them in the Indonesian financial system as part of a series of measures that were adopted at the ...
Key Implementing Regulation Issued for Halal Law but More Needed Before Full Enforcement (24/06/2019)
After a delay of almost five years, an essential implementing regulation has finally been issued for the Halal Products Law.[1] The new regulation (Government Regulation No. 31 of 2019 / “GR 31/2019”[2]), entered into force on 3 May 2019.
GR 31/2019 contains no material ...
ABNR Recognized as Leading Cross-border Restructuring & Insolvency Firm by ‘Global Restructuring Review’ (20/06/2019)
ABNR has been recognized as one of the world’s top 100 law firms for cross-border restructuring & insolvency work by specialist international legal publication Global Restructuring Review (GRR). ABNR is one of only two Indonesian law firms to be so recognized. A number of ABNR ...
OJK Imposes New Requirements for Capital Increases Using Mechanisms Other than Rights Issues (31/05/2019)
A. Introduction
The Financial Services Authority (OJK) has issued a new regulation (the “New Regulation”) to update the rules on capital increases conducted by way of rights issues and other mechanisms by publicly listed companies (“Issuers”). The New ...