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NEW INSURANCE BILL PASSED

The Insurance Bill (Insurance Bill) was passed by the House of Representatives on 23 September 2014.

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PROCEDURE FOR COLLECTING OJK FEES

The OJK Regulation provides guidelines for the OJK’s collection of fees from financial services institutions and financial services industry support professionals and their firms

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TIME BAR FOR EXAMINING A CIVIL CASE IN THE INDONESIAN DISTRICT AND HIGH COURTS

The Supreme Court of the Republic of Indonesia has issued Circular Letter No.2 of 2014 regarding Case Settlement in the Court of First Instance and Appeals in 4 (four) Justice Fields

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NEW PROCEDURES FOR ESTABLISHING FOUNDATIONS

New Procedures for Establishing Foundations On 26 March 2014, the Minister of Law and Human Rights (“Minister”) issued Regulation No. 5 of 2014 on Validation of Foundations (“Regulation”).

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NEW LUXURY TAX TARIFFS

On 19 March 2014, the government issued Regulation No.22 of 2014 on Amendments to Government Regulation No.41 of 2014 on Tax on Motor Vehicles which are subject to Luxury Tax

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