ABNR'S CONTRIBUTION IN IFLR REGULATORY CAPITAL SURVEY 2013 (04/12/2013)
Our Partner, Ayik Candrawulan Gunadi and Foreign Counsel, Theodoor Bakker have contributed in “IFLR Regulatory Capital Survey 2013”. Conducted on a global basis, the survey provided insight on regulatory developments in various jurisdictions including Indonesia, and how local regulatory ...


RECENT REGULATION ON FOOD AND DRUG SUPERVISORY AGENCY (BPOM) REGARDING TOBACCO PRODUCTS (14/11/2013)
In line with the task assigned to it under article 60 (5) of Government Regulation Peraturan Number 109 of 1012 Regarding Health Safety Measures on Material Containing Addictive Substance in the Form of Tobacco Products, i.e. to prepare a regulation regarding supervision of circulated tobacco ...


BI REGULATIONS ON BANK'S MINIMUM CAPITAL REQUIREMENTS AND MULTIPLE LICENSING (14/11/2013)
The Indonesian central bank, Bank Indonesia, recently issued two regulations which will change the way banks in this country do their business. These two regulations regulate the business activities of a bank on the basis of the bank’s capital.  As a result, commercial banks which in the ...


MINISTER OF HEALTH'S REGULATION REGARDING INFANT FORMULA AND OTHER INFANT PRODUCTS (11/10/2013)
This regulation was issued in May 2013 as Regulation of the Minister of Health Number 39 of 2013, and is the implementation of Article 28 of Government Regulation No. 33 of 2012 regarding Exclusive Feeding of Mother’s Milk which aims at securing the exclusive feeding of breast milk to ...


REGULATION OF THE MINISTER OF ENERGY AND MINERAL RESOURCES REGARDING SOLAR ENERGY (11/10/2013)
The Minister of Energy and Mineral Resources (“MEMR”) has issued MEMR Regulation No. 17 of 2013 regarding Purchase of Electricity Power by PT Perusahaan Listrik Negara (Persero) (“PLN”) from Photovoltaic (Fotovoltaik) Solar Power Plant (“Solar Energy ...


REGULATION REGARDING FINANCIAL HEALTH OF INSURANCE AND REINSURANCE COMPANIES (25/07/2013)
Regulation No. 53/PMK.010/2012 of the Minister of Finance (“MOF”) regarding Financial Health of Insurance and Reinsurance Companies (“Regulation”) which was issued last year has been in force since 1 January 2013. The Regulation revokes the following previous ...


GOVERNMENT'S FEASIBILITY SUPPORT FOR PPP INFRASTRUCTURE PROJECTS (25/07/2013)
The Minister of Finance on 21 December 2012 issued Regulation No. 223/PMK.011/2012 regarding Provision of Feasibility Support by Funding Part of the Construction Cost of Infrastructure Projects Under the Public-Private Partnership Scheme (“Regulation”). This Regulation was issued to ...


BI UPDATED ITS REGULATION ON SINGLE PRESENCE POLICY (25/07/2013)
Bank Indonesia (“BI”) on 26 December 2013 issued Regulation No. 14/24/PBI/2012 regarding Single Ownership in Indonesian Banks (the “Regulation”). The Regulation was issued as an effort of BI to improve the competitiveness of Indonesia’s banking industry in light of ...


BKPM REGULATION NO. 5 OF 2013 (16/05/2013)
The Investment Coordination Board (BKPM) has issued a new BKPM Regulation No. 5 of 2013 concerning Guidelines and Procedures for Licenses and Non-Licenses for Capital Investment (“Reg 5 2013”), dated April 8, 2013. This new regulation presents new items that may impact new investment ...


ASSETS QUALITY RATING OBLIGATION FOR COMMERCIAL BANKS (15/05/2013)
Bank Indonesia recently issued Bank Indonesia Regulation No. 14/15/PBI/2012 concerning Commercial Banks’ Assets Quality Rating (“Regulation No. 14/2012”), which obliges commercial banks (“Banks”) to rate their assets quality in the manner set forth in this ...