Client Alert – New Draft of Presidential Regulation on Investment Business Activities: A Game Changer?
It is expected that the enactment of Law No. 11 of 2020 on Job Creation on 2 November 2020 (Omnibus Law), which among others amended Law No....
CLIENT NEWSLETTER
January 22, 2021
January 6, 2021Buletin Klien – Konsepsi Kerugian Anak Perusahaan BUMN/BUMD dan Pengecualiannya dari Kerugian Negara
Isu kerugian BUMN dan anak perusahaannya sebagai bagian dari kerugian negara yang berujung pada tindak pidana korupsi kerap menjadi momok ba...
January 5, 2021Coal Asia Magazine Vol.121 Article: Battery Electric Vehicle (BEV) Development to Welcome Electricity-Based Vehicle Era in Indonesia
We are pleased to kick off 2021 with our article on “Battery Electric Vehicle (BEV) Development to Welcome Electricity-Based Vehicle Era i...
November 3, 2020Coal Asia Magazine Vol.119 Article: The impact of omnibus law on business licensing, limited liability company, investment, spatial planning, manpower, mining, and environment
We sincerely thank Coal Asia for featuring our article on “The impact of omnibus law on business licensing, limited liability company, inv...
June 9, 2020Client Alert – New Normal, New Responsibilities?
A new way of life, or also known as “New Normal” has become a trending topic, both in Indonesia and the world, replacing other topics su...
June 3, 2020Buletin Klien – Kenormalan Baru, Tanggung Jawab Baru?
Tata kelola kehidupan baru, kenormalan baru atau lebih sering dikenal dengan “New Normal” merupakan topik yang sedang ramai diperbincang...
May 20, 2020Buletin Klien – Peraturan Pelaksana Undang-Undang Jasa Konstruksi Baru
After 3 years since the enactment of Law No. 2 of 2017 on Construction Services (New Construction Law), the government has finally issued Go...
May 18, 2020Amendment of the Mining Law: Tying Up Loose Ends
The finalized draft of Law on the amendment of the Mining Law (Bill) was publicly released on 11 May 2020 and was then approved by the House...
May 7, 2020Coal Asia Magazine Vol.113 Article: Covid-19 as a Force Majeure Under the Mining Law
Our article on “Covid-19 as a force majeure under the mining law” was recently featured in Coal Asia Magazine Vol. 113. In this article,...
May 4, 2020Client Newsletter – New Provisions on Business Licensing Services Through The OSS System
On 30 March 2020, the Indonesia Investment Coordinating Board (Badan Koordinasi Penanaman Modal or BKPM) issued BKPM Regulation No 1 of 2020...
May 1, 2020Buletin Klien – Peraturan Baru Otoritas Jasa Keuangan Tentang Transaksi Material dan Perubahan Kegiatan Usaha
Setelah hampir 9 tahun sejak Peraturan Ketua Badan Pengawas Pasar Modal dan Lembaga Keuangan (Bapepam LK) No. Kep-614/BL/2011 tentang Transa...
April 27, 2020Buletin Klien – Pelaksanaan Rapat Umum Pemegang Saham Perusahaan Terbuka Secara Elektronik
Menindaklanjuti Surat Kepala Eksekutif Pengawas Pasar Modal OJK tentang Relaksasi atas Kewajiban Laporan dan Pelaksanaan Rapat Umum Pemegang...
April 20, 2020Buletin Klien – Frequently Asked Questions Terkait Ketenagakerjaan Pada Saat Pandemik Covid-19
Beberapa waktu yang lalu, Presiden Joko Widodo menerbitkan Keputusan Presiden No. 12 tahun 2020 tentang Penetapan Bencana Non-alam Penyebara...
April 16, 2020Client Newsletter – Frequently Asked Questions on Employment Amid Covid-19 Pandemic
Recently, President Joko Widodo issued Presidential Decree No. 12 of 2020 on the Stipulation of Non-Natural Disaster of the Spread of COVID-...
April 2, 2020Client Newsletter – Temporary Prohibitions of Entry to Indonesia for Foreigners
Due to COVID-19 outbreak, Indonesian Government through MOLHR has recently issued entry prohibition & travel ban into Indonesia for ...
April 1, 2020Coal Asia Magazine Vol.110 Article: Obligation to Use National Sea Transportation Company for Coal and/or Crude Palm Oil (CPO) Export: Unresolved Issues and New Provisions on Verification Procedure
Our article on “Obligation to Use National Sea Transportation Company for Coal and/or Crude Palm Oil (CPO) Export: Unresolved Issues and N...
March 19, 2020Buletin Klien: Pelaksanaan RUPS Tahunan oleh Perusahaan Terbuka dalam Bencana Covid-19
Dengan terbitnya Surat Kepala Eksekutif Pengawas Pasar Modal Otoritas Jasa Keuangan (OJK) tentang Relaksasi atas Kewajiban Laporan dan Pelak...
March 17, 2020Buletin Klien: (Pembaruan) Fluktuasi Pasar yang Signifikan – OJK Berikan Kemudahan Prosedur Buyback Saham Bagi Emiten
Sehubungan dengan Penerbitan Surat Edaran Otoritas Jasa Keuangan No. 3/SEOJK.04/2020 tentang Kondisi Lain Sebagai Kondisi Pasar yang Berfluk...
March 10, 2020Buletin Klien: Fluktuasi Pasar yang Signifikan – OJK Berikan Kemudahan Prosedur Buyback Saham Bagi Emiten
Sejak awal tahun 2020, kondisi perdagangan saham di Bursa Efek Indonesia (BEI) mengalami tekanan pasar global yang berimbas pada penurunan s...
February 24, 2020Client Newsletter – Floating Solar PV Projects on Reservoirs Water Surface – Major Hurdle Finally Resolved
For years, despite having a huge potential for serving as an excellent location for solar floating photovoltaic (Solar PV) projects, the use...
January 27, 2020Client Alert on Constitutional Court Decision on Fiducia Security
In a move that may cause significant changes in how fiducia security are to be enforced, the Indonesian Constitutional Court recently issued...
December 23, 2019Buletin Klien: Peraturan Menteri Badan Usaha Milik Negara No. PER-08/MBU/12/2019
Indonesian Government has just recently issued a long-awaited Minister of Energy and Mineral Resources Regulation governing a rooftop solar ...
October 15, 2019Buletin Klien: Peraturan KPPU No. 3 Tahun 2019
Semangat Komisi Pengawas Persaingan Usaha (KPPU) dalam menciptakan persaingan usaha yang sehat seiring dengan pertumbuhan ekonomi negara Rep...
October 10, 2019Client Alert on Presidential Regulation on Use of Bahasa Indonesia
The government of Indonesia issued Presidential Regulation No. 63 of 2019 on the Use of Bahasa Indonesia (PR 63) on 30 September 2019. This ...
September 3, 2019Coal Asia Magazine Vol.103 Article: Foreign Investment Ownership in Indonesian Mining Companies Through Capital Market
UMBRA’s Partners, Pramudya A. Oktavinanda, Reggy Firmansyah, and Liyanto Wijaya and associate, Paula Aprijanto recently contributed ...
January 31, 2019Equity Crowdfunding In Indonesia – Update from OJK Socialization Event
The Financial Services Authority (Otoritas Jasa Keuangan – OJK) issued OJK Regulation No. 37/POJK.04/2018 on Equity Crowdfundin...
November 29, 2018Client Newsletter – Rooftop Solar PV Rule Issued
Indonesian Government has just recently issued a long-awaited Minister of Energy and Mineral Resources Regulation governing a rooftop solar ...
November 24, 2018Client Newsletter – Quota Transfer of Coal Domestic Market Obligation: Cap and Trade Approach
In August 2018, Minister of Energy and Mineral Resources (“MEMR”) issued Decree No. 1924/K/30/MEM/2018 (“MEMR Decree 1924/2018”) to ...
August 30, 2018Client Newsletter – New OJK Regulation on Regulatory Sandboxing for Digital Financial Innovation – OJK Regulation No. 13/POJK.02/2018
New Indonesian Financial Services Authority ("OJK") regulation on digital financial innovation sandboxing: OJK has issued OJK Regulation No....
August 27, 2018Client Newsletter – New OJK Regulation on Public Offering of Debt Securities to Professional Investors – A Historical Landmark
The Financial Services Authority (Otoritas Jasa Keuangan/OJK) recently issued OJK Regulation No. 11/POJK.04/2018 on the Public Offering of D...
August 10, 2018Client Newsletter – New Implementing Regulations to Implement OSS System
As a furtherance to Government Regulation No. 24 of 2018 on Online Single Submission (“OSS”) Services (“GR 24/2018”), the Head of th...
August 1, 2018Client Newsletter – New Geothermal Working Areas Tender Rules
The Minister of Energy and Mineral Resources (“MEMR”) has recently issued MEMR Regulation No. 37 Year 2018 on Offering of Geothermal Wor...
July 3, 2018Client Newsletter – Transition of BKPM One Stop Service Center to Online Single Submission: Welcoming a New Licensing Era?
In light of the issuance of Government Regulation No. 24 of 2018 on Online Single Submission Services (“GR 24/2018”), the Indonesia Inve...
May 9, 2018Client Newsletter – New Bank Indonesia Regulation on Electronic Money – A Game Changer?
Bank Indonesia (“BI”) issued Bank Indonesia Regulation No. 20/6/PBI/2018 on Electronic Money (“PBI 20/2018”) on 4 May 2018, replacin...
April 11, 2018New Presidential Regulation for Expatriate Worker and the Employer
On 29 March 2018, the President of Indonesia signed Presidential Regulation No. 20 of 2018 on Expatriate Manpower Utilization (“PR 20/2018...
April 4, 2018Client Newsletter – The 2017 PLN Electricity Generation Cost (BPP): An Overview
Through Ministry of Energy and Mineral Resources (“MEMR”) Decree No. 1772 K/20/MEM/2018 dated 29 March 2018 (“2017 BPP Decree”), the...
March 17, 20182018 RUPTL Published: Sign of a New Era?
The MEMR has approved the 2018-2027 PLN RUPTL based on Decision of the Ministry of Energy and Mineral Resources No. 1567K/21/MEM/2018 dated ...
March 13, 2018Updated Client Newsletter – New Policies on Domestic Market Obligation for Coal
Just 3 days after the issuance of MEMR's Decree 1395/2018 on Coal Sale Price for Power Industry, MEMR issued Decree 1410 which was announced...
March 12, 2018Client Newsletter – New Policies on Domestic Market Obligation for Coal
In the first quarter of 2018, the Minister of Energy and Mineral Resources (“MEMR”) issued a couple of new regulations relating to Domes...
March 9, 2018COAL ASIA – The Obligation to Use National Sea Transportation Company for Coal Exports
Is Minister of Trade Regulation No. 82 of 2017 leveling the play field or a slippery slope for the coal shipping industries? While the regul...
February 24, 2018MEMR Regulation 10/2018: A Game Changer for PPAs Bankability?
The Minister of Energy and Mineral Resources (“MEMR”), for the second time, amended MEMR Regulation No. 10 of 2017 on Principles of Powe...