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News & Analysis

Indonesian Legal Expert Recognised as December's Lawyer of the Month for Key Role in Facilitating Blockbuster E-commerce Deal

16 January 2024 by asialaw

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.

News & Analysis

POJK 22/2023 Reminder: Key Reporting and Compliance Obligations in the Financial Services Sector

25 October 2024 by Assegaf Hamzah & Partners

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").

News & Analysis

Makarim & Taira S. Announces Rudy Sitorus as Its Newest Partner

21 October 2024 by Makarim & Taira S

Makarim & Taira S. is pleased to announce the appointment of Rudy Andreas S. as its newest partner, effective 1 October 2024

News & Analysis

Indonesia's Halal Certification Deadline is Here: Is Your F&B Business Compliant?

17 October 2024 by Assegaf Hamzah & Partners

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.

News & Analysis

Indonesia and Switzerland Seeks to Accelerate Investments under New Bilateral Investment Treaty

14 October 2024 by Assegaf Hamzah & Partners

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.

News & Analysis

HHR Lawyers Held the Asia Regional Meeting 2024 of Meritas,A Leading Global Alliance of Independent Business Law Firms

04 September 2024 by HHR Lawyers

The Meritas Asia Regional Meeting 2024 was held in Bali, and HHR Lawyers welcomed delegates from Asia and all around the world.

News & Analysis

PDP Law Implementing Regulation Forthcoming, But Data Breach Fines Still Unclear

01 April 2024 by Makarim & Taira S

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.

News & Analysis

Makarim & Taira S. Appoints Reagan Roy as Newest Partner

15 March 2024 by Makarim & Taira S

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.

News & Analysis

New Financial Sector Omnibus Law: Capital Market, Money Market, and Forex Market

27 March 2023 by Makarim & Taira S - Indonesia

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.

News & Analysis

Overview of Private Investment to Indonesia’s New Capital City: Ibu Kota Nusantara (IKN)

27 March 2023 by Makarim & Taira S - Indonesia

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.