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16 January 2024 by
December 2023's Lawyer of the Month is a legal expert who has demonstrated exceptional excellence in their field. This article takes a closer look at their achievements and what sets them apart.
25 October 2024 by
Starting from November 2024, Indonesia’s financial services industry will be subject to several important consumer protection obligations under Financial Services Authority (Otoritas Jasa Keuangan or "OJK") Regulation No. 22 of 2023 on Consumer and Public Protection in the Financial Services Sector ("POJK 22/2023").
21 October 2024 by
Makarim & Taira S. is pleased to announce the appointment of Rudy Andreas S. as its newest partner, effective 1 October 2024
17 October 2024 by
As discussed in our previous update on this topic (click here to read), Indonesia's mandatory halal regime for various goods and services is being implemented in stages, beginning today, 17 October 2024.
14 October 2024 by
A new bilateral investment treaty between Indonesia and Switzerland, namely the Indonesia-Swiss Agreement on the Promotion and Reciprocal Protection of Investments ("2022 BIT"), came into force in August 2024.
04 September 2024 by
The Meritas Asia Regional Meeting 2024 was held in Bali, and HHR Lawyers welcomed delegates from Asia and all around the world.
01 April 2024 by
After multiple data breaches plagued Indonesia in 2023 and more than a year having elapsed since the enactment of Law No. 27 of 2022 on Personal Data Protection Law (“PDP Law”), the government is now preparing to release the law’s first implementing regulation, which will elaborate on fines for data leaks, but the specifics still remain uncertain.
15 March 2024 by
Makarim & Taira S., a leading law firm known for its commitment to nurturing top legal talent, proudly announces the appointment of Reagan Roy as its newest Partner.
27 March 2023 by
Our dedicated series on the P2SK Law continues with our latest Advisory, which explores the changes brought by Chapter V, amending the Capital Market, Money Market, and Forex Market. Following the enactment of the P2SK Law, we can expect many new implementing regulations in the financial sector. Participants in the financial markets should anticipate compliance changes and prepare to quickly adapt to any necessary adjustments.
27 March 2023 by
The Government of Indonesia moves forward the development of Indonesia’s new capital city, namely Ibu Kota Nusantara (“IKN”) by issuing several underlying regulations to date in effort to encourage the participation of private sector in accelerating the infrastructure development of the IKN. One of them being the groundworks to implement the public-private partnerships in such development. With a total cost estimate of more than IDR460 trillion (or approximately USD30 billion), the five-stages development of IKN is targeted to be 80% funded from non-State Budget and therefore can be expected to attract private investors participation in it. This advisory provides an overview of the funding schemes and private sector participation in the development of IKN.