The Financial Services Authority (Otoritas Jasa Keuangan/OJK) recently issued OJK Regulation No. 11/POJK.04/2018 on the Public Offering of Debt Securities and/or Sukuk (Islamic Bonds) to Professional Investors (“OJK Regulation No. 11/2018”) on 1 August 2018....
As a furtherance to Government Regulation No. 24 of 2018 on Online Single Submission (“OSS”) Services (“GR 24/2018”), the Head of the Investment Coordinating Board (“BKPM”) has recently issued Head of BKPM Regulation No. 6 of 2018 on Guidelines and Procedures for the Implementation of...
The Minister of Energy and Mineral Resources (“MEMR”) has recently issued MEMR Regulation No. 37 Year 2018 on Offering of Geothermal Working Areas, Issuance of Geothermal License and Geothermal Business Assignment (“MEMR 37/2018”) which provides detailed provisions on, among other things, geothermal working areas tender...
In light of the issuance of Government Regulation No. 24 of 2018 on Online Single Submission Services (“GR 24/2018”), the Indonesia Investment Coordinating Board (Badan Koordinasi Penanaman Modal/BKPM) just recently announced that BKPM suspends temporarily all processing and issuance of permits and licenses due to...
Bank Indonesia (“BI”) issued Bank Indonesia Regulation No. 20/6/PBI/2018 on Electronic Money (“PBI 20/2018”) on 4 May 2018, replacing in its entirety BI Regulation No. 11/12/PBI/2009 on Electronic Money and its amendments (“PBI 11/2009”)....