INDONESIA'S NEW REGULATION ON THE EMPLOYMENT OF FOREIGN MANPOWER: OFFERING SOME CLARITY WHILE RAISING QUESTIONS

In an attempt to prevent and eradicate activities related to money laundering and/or terrorism financing through corporations

One of the implementing regulations of Law No. 11 of 2020 on Job Creation is the implementing regulation on spatial planning, Government Regulation No. 21 of 2021 which replaces previous Government Regulation No. 15 of 2010.

OJK issues a regulation on the consolidation of commercial banks.

The Financial Services Authority (“OJK”) issued OJK Regulation No. 37/POJK.04/2018, on 31 December 2018 on equity crowdfunding services (the “Crowdfunding Services”) which allow offers of shares for sale by an issuer directly to investors through an open information technology system (“POJK 37/2018”).