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FURTHER AMENDMENT ON COMMERCIAL BANK DAILY REPORTS

Bank Indonesia issued Circular of Bank Indonesia No. 16/17/DSta, which came into force on 3 November 2014 (SEBI 16/17/DSta), which is a fourth amendment to Circular of Bank Indonesia No. 13/3/DPM on Commercial Bank Daily Report

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DELEGATION OF AUTHORITY TO ISSUE TRADE BUSINESS LICENSES

Under Regulation No. 96/M-DAG/PER/12/2014 on Delegation of Authority to Issue Trade Business Licenses under the Framework of One-Stop Integrated Services to the Head of the Capital Investment Coordinating Board

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THE CONSTITUTIONAL COURT REMOVES ‘OFFENSIVE ACT' FROM THE CRIMINAL CODE

In 16 January 2014, the Constitutional Court (“MK”) granted the request for a judicial review of Article 335 of the Criminal Code (“KUHP”) and removed the phrase, “offensive act” from Article 335 of the KUHP.

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INTERNET CONTENT CENSORSHIP STRENGTHENED

Internet Content Censorship Strengthened The Minister of Communications and Informatics issued Regulation No. 19 of 2014 on Controlling Internet Websites Containing Negative Content (Regulation 19).

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MANDATORY BKPM ONLINE COMPANY FOLDERS

On 25 August 2014, BKPM issued Circular Letter No. 252/A.8/2014 on Company Folders.

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