Prof. Mardjono Reksodiputro (1937 to 2021) (22/05/2021)
  It was with profound grief and sorrow that we learned of the untimely passing of our esteemed colleague and founding member of ABNR Counsellors at Law, Prof. Mardjono Reksodiputro, who passed away peacefully in the early hours of Friday morning at the age of 84.   Known for his unimpeachable ...


New ‘Omnibus Law’ Regulation Makes Significant Changes to Indonesian Land Law Regime (18/05/2021)
  February 2021 saw the issuance of a raft of new Government Regulations to give effect to the reformist Job Creation Law (known colloquially as the Omnibus Law),[1] which entered into force on 2 November 2020. In this ABNR legal update, we discuss some of the notable items under Government ...


New BPKM Rules to Require PMA Companies to Have IDR 10 Billion in Paid-up Capital: Will Existing Investors Be Affected? (11/05/2021)
  The Investment Coordinating Board (Badan Koordinasi Penanaman Modal / “BKPM”) recently issued Regulation No. 4 of 2021 on Guidelines and Procedures for Risk-Based Licensing and Investment Facilities (“Reg. 4”),[1] which requires a foreign direct investment company (“PMA”) to have at ...


‘Omnibus Law’ Regulation Relaxes Indonesia’s Spatial Planning Rules for Investors (15/04/2021)
  February 2021 saw the issuance of a raft of new government regulations to give effect to the reformist Job Creation Law (known colloquially as the Omnibus Law), which entered into force on 2 November 2020. In this ABNR legal update, we discuss Government Regulation No. 21 of 2021 on Spatial ...


Indonesia’s FSA Launches Revamp of Capital Markets Rules, Including First Ever Code for Voluntary Corporate Privatizations (01/04/2021)
  After the passage of more than 15 years since its last major overhaul of capital-markets rules, the Indonesian Financial Services Authority (Otoritas Jasa Keuangan / “OJK”) has issued an important new instrument that updates the requirements and procedures that regulate the organization, ...


After Five-Year Hiatus, Indonesian Competition Commission Imposes Fine for Late Merger Notification of Foreign-to-Foreign Transaction (26/03/2021)
  On 4 March 2021, the Indonesian Competition Commission (“KPPU”) fined Travel Circle International (Mauritius) Ltd. (the “Notifying Party”) IDR 1 billion (approx. USD 70,000[1]). This was due to the company’s failure to notify its foreign-to-foreign acquisition of shares in Asian ...


‘Omnibus Law’ Regulation on Indonesia’s Energy and Mining Sectors to Boost Coal Processing but Also Raises Questions (24/03/2021)
  February 2021 saw the issuance of a raft of new government regulations to give effect to the reformist Job Creation Law (colloquially known as the Omnibus Law), which entered into force on 2 November 2020. In this ABNR legal update, we discuss Government Regulation No. 25 of 2021 on the Energy ...


Indonesian Gov’t Resists Temptation to Burden Employers with Full Cost of New Unemployment Scheme (18/03/2021)
  February 2021 saw the issuance of a raft of new government regulations to give effect to the reformist Job Creation Law (colloquially, the Omnibus Law), which entered into force on 2 November 2020. In this ABNR legal update, we discuss Government Regulation No. 37 of 2021 on the Job Loss ...


New ‘Omnibus Law’ Regulation on Indonesia’s National Strategic Projects Expands Availability of State Guarantees (17/03/2021)
  February 2021 saw the issuance of a raft of new government regulations to give effect to the reformist Job Creation Law (colloquially known as the Omnibus Law), which entered into force on 2 November 2020. In this ABNR legal update, we discuss Government Regulation No. 42 of 2021 on the ...


New ‘Omnibus Law’ Regulation to Increase Supervision of Indonesia’s Manufacturing Sector (08/03/2021)
  February 2021 saw the issuance of a raft of new Government Regulations to give effect to the reformist Job Creation Law (colloquially known as the Omnibus Law),[1] which entered into force on 2 November 2020. In this ABNR legal update, we discuss Government Regulation No. 28 of 2021 on the ...