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YEARS

NEW REQUIREMENT FOR VISAS ON ARRIVAL

As Visas on Arrival (VoA) are often applied for by foreign citizens traveling on emergency travel documents, on 29 February 2012

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BANK INDONESIA’S CIRCULAR LETTER ON DOWN PAYMENT REQUIREMENTS FOR MOTOR VEHICLE PURCHASING LOANS

On 15 March 2012, Bank Indonesia issued Circular Letter No. 14/10/DPNP on the Implementation of Risk Management by Banks providing Housing Loans and Motor Vehicle Loans (“SEBI 14 of 2012”)

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NEW REGULATION ON POSITIONS CLOSED TO FOREIGN CITIZENS

The Minister of Manpower and Transmigration (MOM) recently issued Regulation No. 40 of 2012 on Certain Positions which are Closed to Foreign Manpower (“MOMR 40/2012”).

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NEW REGULATION ON ENVIRONMENTAL LICENSES

On 23 February 2012, Government Regulation No. 27 of 2012 on Environmental Licenses (“GR 27/2012”) was issued to regulate AMDAL, UPL & UKL, and the contamination and destruction of the environment

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BAPEPAM-LK REGULATION ON GUIDELINES FOR SUBMITTING REGISTRATION STATEMENTS

On 30 December 2011, the Indonesian Capital Market and Financial Institutions Supervisory Agency (“Bapepam-LK”) issued Regulation No IX.A.1 (“Regulation”) which revoked the previous 1996 Regulation No. IX.A.1.

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