Indonesian legal students usually refer to Article 28 of the 1945 Constitution as the premise for more particular data privateness laws. New OJK Rule on Public Accountants and Public Accountant Offices The issuance of this new rule has an impression on the engagement of external auditors by publicly-listed companies given that public companies are one of the subjects being regulated and supervised by OJK. The Development of Personal Data Protection in Indonesia After months of drafting and deliberation, Indonesia’s Ministry of Communication and Informatics (“MOCI”) in late 2016 issued a long-awaited regulation on the safety of non-public information. Data Categorization for Electronic System Operators Providing Public Services The MOCI has issued a draft amendment to Government Regulation No. 82 of 2012 which requires digital system operators providing public companies to have onshore knowledge centers and disaster restoration centers. Coal Prices for Domestic Power Producers in Indonesia With worldwide coal costs rising, the government has by enacted MEMR Decree No. 1395 K/30/MEM/2018 to regulate the supply of coal for home energy producers.
- Luxembourg’s Legal Update newsletters provide a compact summary and guidance on the model new legal issues that could impact your small business, notably in relation to banking, finance, capital markets, corporate, litigation, employment, funds, investment administration and tax legislation.
- The newly-issued Third Amendment introduces a provision that allows Regional-Owned Enterprises the same therapy as State-Owned Enterprises.
- As international organizations, international investment corporations aren’t solely required to comply with the laws and laws of the nation of origin of their father or mother firms but additionally with related legal guidelines and regulations in Indonesia.
- New Regulation on Marketing Authorization for Medical Devices and Supplies The Minister of Health issued Regulation No. sixty two of 2017 on Marketing Authorization for Medical Devices and Supplies to harmonize Indonesian regulations with ASEAN and international rules on medical gadgets.
- Scottish Legal News is your day by day service for the newest news, jobs and events, delivered on to your e mail inbox.
- The District Court for the Eastern District of Pennsylvania rejected this declare, holding that paid leave was not a “right and benefit” under USERRA.
Procedures for Land Freezes and Land Seizures in Indonesia Head of National Land Agency Regulation No.13 of 2017 covers the completely different land freeze and seizure procedures previously governed by several totally different regulations. New Guidelines on the Advertising of Drugs The Food and Drugs Supervisory Agency has issued Decision No.8 setting out the guidelines on the promoting of prescription and non-prescription medication. New Regulation on Marketing Authorization for Medical Devices and Supplies The Minister of Health issued Regulation No. sixty two of 2017 on Marketing Authorization for Medical Devices and Supplies to harmonize Indonesian laws with ASEAN and global regulations on medical devices. Bank Indonesia Sets New Limits for the Provision of E-Money Bank Indonesia issued a regulation on e-money that stipulates a variety of requirements and prohibitions that had been beforehand unregulated. Procurement Arrangements in the Indonesian Construction and Projects Sector Under Indonesian Law No. 2 of 2017 (the “Construction Law”), procurement preparations in Indonesia are made by way of the execution of a construction work contract between the project owner/employer and the service provider/contractor. Indonesia’s OJK Issues Regulation on Quick Restructuring for Troubled Banks in Wake of COVID-19 The COVID-19 global pandemic has taken a toll on the Indonesian financial system, underlining the necessity for financial institutions to have sufficient liquidity within the face of uncertain instances.
Better Work Jordan Compliance Evaluation Device
Government to Approve Corporate Actions within the Indonesian Energy Sector The Indonesian Minister of Energy and Mineral Resources (“MEMR”) has issued MEMR Regulation No. 42 of 2017 which aims to improve the supervision of business entities in the power and mineral sources sector partially by closing regulatory gaps. Walmart has also now revamped its military leave policy, which as of January 1, 2022 guarantees full pay for employees who take up to one month of army leave, and supplies for partial wages for navy leaves taken of as much as one year’s duration. After reviewing these three comparability factors, the Court dismissed the pilots’ declare that the airline violated USERRA when it didn’t pay them wages throughout military leave.
In the absence of recordal, an IP license agreement is deemed to be not binding on any third celebration. New Ministry of Employment Regulation on Religious Festivity Allowance On 8th March 2016 the Minister of Employment issued Regulation No. 6 of 2016 on Religious Festivity Allowance for Employees in Companies. Indonesia’s Economic Stimulus Packages Between September 2015 and March 2016, the Indonesian central authorities released 11 economic stimulus packages, which taken together are often identified as Jokowi’s Economic Package . The following is a abstract of the packages which have been released as of this article. What You Need to Know about Indonesia’s New Tax Amnesty Law The Indonesian Government recently issued the long-awaited and anticipated Tax Amnesty Law (Law No. eleven of 2016).
Accc Warns Shoppers To Beware Of Superannuation Scams In Covid
Access fastidiously selected content material, including online seminars, members-only newsletters, and past seminar supplies that cover a wide selection of in-depth subjects. Mayer Brown conducts events—in individual, by cellphone and online—to interpret and supply insight into global legal issues. Please click on right here to read about how we course of your data in compliance with the General Data Protection Regulation . In the last 9 months of 2021 we noticed a huge amount of activity across all sub-sectors of health and social care.
Renewable Energy
New Negative Investment List Introduces Changes to Health Investment in Indonesia The Indonesian Government has released the long-awaited New Negative Investment List, issued underneath Presidential Regulation No. 39 of 2014. Among the major modifications from previous regulations is a rise in most foreign possession ranges in a number of key industries, together with the well being sector. Discrimination Law and Equality in Indonesia Indonesia doesn’t have an overarching anti-discrimination legislation; quite, a patchwork of laws and sector-specific rules prohibit discrimination and encourage equality. Given the context of Indonesia’s features in its equality rankings, this update offers an overview of the related laws. A Closer Look at Indonesia’s Condominium Law Indonesia enacted a brand new Condominium Law in 2011 which changed Law No. 16 of 1985 however has not but been formally implemented.