Reminder - Requirement in The OSS System for Companies to Adjust their Business Classification Code (KBLI)
On 11 October 2018, the Coordinating Ministry for Economic Affairs issued a joint notice in their websites requiring limited liability companies to adjust their Business Entity Numbers (Nomor Induk Berusaha –“NIB”) to the 2017 KBLI.
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Entering the Carbon Trading Era in Indonesia
Issue 14, August 2023 | Read our latest advisory to better understand Indonesia’s evolving regulatory framework on carbon trading.
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The Implementing Regulation of the Omnibus Law on Job Creation: Government Regulation No. 39 of 2021 on its Implementation in the Halal Product Guarantee Sector
On 2 February 2021, the Indonesian Government issued Government Regulation No. 39 of 2021 (“GR 39/2021”), as the implementing regulation of Law No. 33 of 2014 on Halal Product Guarantees which was recently amended by Law No. 11 of 2020 on Job Creation (the “Omnibus Law”).
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New Regulation on the Consolidation of Commercial Banks
OJK issues a regulation on the consolidation of commercial banks.
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Refining Digital Financial Innovation: New OJK Regulation aims to enhance Regulatory Sandbox
Issue 6, April 2024 | This advisory breaks down what you need to know about the revised rules on mandatory sandbox testing for new innovations.
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