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NEW COPYRIGHT BILL ANNOUNCED

On 16 September 2014, the House of Representatives finally passed the Bill on Copyright (Copyright Bill).

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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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SIMPLIFIED PROCEDURES FOR MANDATORY MANPOWER REPORTS

On 26 March 2014, the Minister of Manpower and Transmigration (“Minister”) issued Circular Letter No. SE.3/MEN/III/2014 on The Implementation of Mandatory Manpower Reports by Companies (“Circular Letter”).

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THE NEW NEGATIVE INVESTMENT LIST

Presidential Regulation No. 39 of 2014 on The List of Business Fields that are Closed or Conditionally Open for Investment (the Negative Investment List/daftar Negatif Investasi (DNI)/“Negative List”) was issued recently and became effective on 24 April 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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