REGULATION ON CREDIT INFORMATION MANAGEMENT INSTITUTIONS
Apr 09, 2013
In February 2013, Bank Indonesia issued Regulation No. 15/1/PBI/2013 on Credit Information Management Institutions, in order to regulate and open the credit information management industry to private investment. This Regulation is the topic of a separate M&T Advisory which can be obtained from your usual M&T Contact or from newsletter@makarim.com.
NEXT ARTICLES
REGULATION ON DUTY-FREE SHOP
The Minister of Finance has issued Regulation No. 37/PMK.04/2013 on Duty-Free Shops on 27 February 2013, which implements Article 48 of Government Regulation No. 32 of 2009 on Bonded Storehouses (Tempat Penimbunan Berikat). The Regulation will effectively be applied 90 days since the issuance date
Download read more
NEW FRANCHISE REGULATION ISSUED
On 24 August 2012, the Minister of Trade (“MOT”) issued Regulation No. 53/M-DAG/PER/8/2012 on Organizing a Franchise Business (“Regulation 53”). Regulation 53 revokes Regulation No. 31/M-DAG/PER/2008 (“Regulation 31”)
Download read more
NEW GOVERNMENT REGULATION ON SALARIES
Twelve years after the issuance of Law No. 13 of 2003 on Manpower (“Manpower Law”), the Government of Indonesia finally issued its new regulation on Salaries, Government Regulation No. 78 of 2015 on Salaries (“GR 78/2015”), which is the implementation of Article 97 of the Manpower Law.
Download read more
MANDATORY USE OF L/C FOR EXPORTING MINING AND ENERGY PRODUCTS
On 5 January 2015, the Minister of Trade issued Regulation No. 4/M-DAG/PER/1/2015 of 2015 on Provisions to Use a Letter of Credit for Exporting Certain Commodities ("MOT Regulation 4").
Download read more