12 Mar, 2021

Texas Leasing & Property Management Legal Update

The publication summarizes significant legal guidelines, either proposed or enacted by the state legislature, plus new laws of the state’s administrative agencies. A virtual library of often posted insights and legal updates based mostly in your chosen preferences. Find the most recent adjustments within the legal panorama that potentially affect your small business. From changes in legislation and case legislation to regulatory reforms, at Ashurst we’re in a position to assist you on all legal developments. To implement the relevant provisions of the Omnibus Law (Law No. 11 of 2020) with respect to international funding, the federal government has launched a brand new funding listing to replace the Negative Investment List underneath Presidential Regulation No. forty four of 2016 and Presidential Regulation No. seventy six of 2007. The new funding list, known as the Priority Investment List, is issued underneath Presidential Regulation No. 10 of 2021 on Investment Business Activities.

Similar to the previous rule, the next events must file a share ownership report back to OJK. Development of Oil and Natural Gas in Indonesia Indonesia’s oil and fuel sector is governed by Law No. 22 of 2001 concerning Oil and Gas. The oil and fuel sector comprises of upstream …

12 Mar, 2021

Legal Updates

Regulatory Developments in the Indonesian Banking Industry The Financial Services Authority has had regulatory authority over Indonesian banks, except Bank Indonesia (“BI”), since thirty first December 2013, as stipulated under Law No. 21 of 2011 regarding the Financial Services Authority. BI is Indonesia’s central bank and maintains jurisdiction over the monetary supply. Indonesia’s worldwide investment policy has been in the spotlight for the reason that Government of Indonesia conveyed in 2014 its intention to terminate all of its present bilateral investment treaties. Indonesia Introduces New Solar Power Regime In 2013, the Indonesian government first launched a solar power regulatory regime which required the federal government to publish solar power quota allocations for numerous parts of Indonesia. However, the Indonesian Supreme Court struck down this 2013 framework as being inconsistent. What You Need to Know about Indonesia’s New Tax Amnesty Law The Indonesian Government lately issued the long-awaited and anticipated Tax Amnesty Law (Law No. 11 of 2016).

Legal Update

Indonesian Omnibus Bill – Changes to Labor-Related Sectors The Indonesian House of Representatives just lately handed the Omnibus Bill on Job Creation (the “Omnibus Bill”). Indonesian Omnibus Bill – Changes to the Halal Products Law The Indonesian House of Representatives recently passed the …

11 Mar, 2021

2020 Legal Update

For more on the kind of testing, the advantages to it, whether or not it can be made obligatory, the info safety implications, payment of employees who are self-isolating following a office test, and Government support available, read our article. The Commission opened a regulatory compliance case in September 2020, after receiving three complaints in relation to the report, according to the response to an FOI request made by Third Sector. In the light of those complaints, as well as criticism of the charity on social media, it decided that the “considerations required examination as a result of that they had the potential to damage considerably the charity’s reputation and undermine trust and confidence in charities more broadly”. In a press release revealed yesterday, the Charity Commission confirmed that the National Trust did not breach charity law and so there were no grounds for any regulatory motion.

Services provided by a member firm are governed by the terms of engagement between the member agency and the client. Ratio of a journal’s items, grouped in three years windows, that have been cited at least as soon as vs. these not cited during the next year. Not each article in a journal …

11 Mar, 2021

Assegaf Hamzah And Partners Omnibus Legislation

Information Resilience and Risk Management We work with many massive and small organizations to ensure that info is managed through a danger based mostly method administration system. Automotive We are one of many leading automotive sector certification bodies for IATF in China and have international expertise across the automotive supply chain. This is nice information for many who are trustees / directors of charitable firms, in addition to charity trustees more typically.

Mandatory Disclosure of Beneficial Owners in Indonesia Following the enactment of Presidential Regulation No. thirteen of 2018, legal entities in Indonesia are now required to declare the id of useful house owners and supply info on their helpful possession. New Abandonment and Site Restoration Obligations Upstream Oil and Gas Activities Indonesia’s Minister of Energy and Mineral Resources has regulated abandonment and website restoration activities, or post-operation actions, for the upstream oil and fuel sector. Indonesian Government Publishes 2017 Cost of Electricity Generation Figures The Government just lately issued Decree No. 1772 K/20/MEM/2018 which illustrate the prices to PLN of procuring power from the different systems/sub-techniques all through Indonesia. Indonesia’s PLN Invites Hydropower Developers to Prequalify Indonesia’s state-owned power utility PLN, has issued an invitation to hydropower developers to …

11 Mar, 2021

Annual Legal Update

Indonesia’s FinTech Office and New FinTech Regulation Bank Indonesia recently launched a FinTech Office on 14th November 2016. The workplace is expected to spice up the expansion of the Indonesian FinTech trade, optimise technology developments within the sector, enhance the business’s competitiveness and provide feedback from enterprise players. New Regulation Allows Appointment of ROEs for Construction Projects The Indonesian government lately issued Government Regulation No. 54 of 2016 regarding the Third Amendment to Government Regulation No. 29 of 2000. The newly-issued Third Amendment introduces a provision that permits Regional-Owned Enterprises the identical remedy as State-Owned Enterprises. New OJK Regulation on Licensing of Insurance and Reinsurance Companies On 23rd December 2016, the Financial Services Authority issued Regulation No. sixty seven/POJK.05/2016 on Licensing and Institution of Insurance Companies, Syariah Insurance Companies, Reinsurance Companies and Syariah Reinsurance Companies. Guide to Benefits in Indonesia In 2011, the Indonesian government reformed its National Social Security System and handed Law No. 24 on the Social Security Organising Body to help meet the fundamental wants of the country’s population.

The purpose is to have a discussion board by which common doubts about the processes of publication within the journal, experiences and different points derived from the publication …

11 Mar, 2021

Employment Regulation Update

Food Export Regulations and Licenses in Indonesia Food export actions in Indonesia can be carried out by individuals, establishments and business entities. This legal update supplies a complete overview of the different classifications for export items, as well as related licensing procedures and laws. Indonesian Financial Services Authority in Review This legal update looks at some of the regulatory adjustments which have been launched because the Financial Services Authority took over supervision of the capital markets, non-financial institution monetary establishments and banking sectors previous to 2014. Public Mergers and Acquisitions in Indonesia Despite the slowing financial system, M&A activity picked up generally in the direction of the top of 2014, though not particularly involving public corporations. This legal update offers an summary of legal guidelines on public mergers and acquisitions in Indonesia, masking the first means of acquiring control of a public company. Indonesia Omnibus Law – Changes to the Company Law Indonesia’s intently watched omnibus jobs creation bill just lately grew to become legislation.

Legal Update

Following the enactment of the Omnibus Law, the federal government has launched the necessary implementing regulations to the legislation. The new regime is reflected under Government Regulation No. 5 of 2021 on the Implementation of …

11 Mar, 2021

West’s® Big Apple Legal Update

It is your organizations accountability to make sure that your legal compliance register is updated at all times to make sure compliance with the related ISO standards and compliance with any legislative modifications. It will require larger non-public sector businesses – together with some charities – to deduct revenue tax and National Insurance contributions by way of payroll from fees for services paid to a personal service company in specified circumstances. At Drew & Napier, we offer legal updates and publications on the latest legal and regulatory developments that matter to our purchasers and associates. In Indonesia, as in many different international locations, employment regulation is commonly a sensitive issue, and previous governments have shied away from resolving points surrounding employment.

Legal Update

We are recognised as a foremost authority in law and go-to organisation for legal expertise. This is evident within the insightful material we produce and news protection we receive. Until now, there haven’t been any new rules with regard to termination of employment specifically in the course of the COVID-19 pandemic. In this regard, employers should follow the procedures of termination of employment under the Indonesian Employment Law and its implementing regulations. M/three/HK.04/III/2020 on employee/labour protection and enterprise continuity …

11 Mar, 2021

Legal Update #2, 2012

Employers have obligations for the health and safety of their workers and to protect their private data. Until the COVID-19 pandemic ceases to exist, the Government will doubtless implement restrictions on social elements of public lives and the impact of such restrictions to companies. For companies that are exempted to apply PSBB offered that they adjust to PSBB measures by implementing bodily distancing and prohibiting mass gathering, they apply reduction of employees’ working hours, numbers of working staff and business operations. PSBB is a measure taken by central and provincial authorities to briefly limit a number of common social and public actions inside a metropolis or province – much like a semi-lockdown scenario. The implementation of PSBB in Jakarta has been made efficient as of April 10, 2020 for 14 days thereof, and may be prolonged depending on the size of the COVID-19 outbreak. Details and directions on tips on how to disable those cookies are set out at nortonrosefulbright.com/cookies-coverage.

Legal Update

The EU Commission has now, nonetheless, revealed draft adequacy selections for transfers of non-public knowledge to the United Kingdom, under each the GDPR and the Law Enforcement Directive. Currently, transfers of private knowledge from the EEA to the UK are …

11 Mar, 2021

Saica Legal Update

This case is a reminder to draft definitions clearly, in addition to to be clear in regards to the status of key contractual obligations. This newsletter provides general info and is not meant to be comprehensive or to provide specific legal advice. Professional advice applicable to a specific state of affairs should all the time be sought. This article supplies, in a consumer-pleasant type, a current snapshot of the IDEA’s main points and emerging solutions arising under the pandemic. It is being shared here with the permission of the Council of Administrators of Special Education . Visit the official website of the journal/convention for the call for paper, submission guidelines, notification date, and submission deadlines.

  • This is a judgment that can present quite a lot of comfort to the sector, provided that there are, little doubt, many charity trustees at current being forced to make difficult financial decisions on behalf of their charities.
  • In Indonesia, New Licensing Rules for Imports and Exports The Government of Indonesia has recently issued a package deal of economic insurance policies designed to take away irrelevant necessities and to deregulate and spur the expansion of the Indonesian economic system.
  • As the end of the Brexit
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10 Mar, 2021

Information & Update

This newsletter provides a snapshot of the newest, relevant laws affecting you and your business. SAICA has partnered with the Contemporary Gazette to be able to present a free, searchable legal database to its members. 10th ACR-modification | Deloitte Legal Germany The „ARC-digitalization act“ goals at limiting the market power of digital firms and safeguarding competition in the digital enterprise. Associations Sanctions Act | Tax Criminal Law | Deloitte Legal Germany In German criminal regulation, a turning point is looming. In October 2020, the Federal Government introduced the government draft of a “Law on the Sanctioning of Association-Related Crimes “. This draft bill will presumably remain unchanged relating to its core content material and can presumably come into force.

Legal Update

For a abstract of the latest adjustments to the immigration guidelines, head over to our sister blog hr regulation reside. Other adjustments embody the introduction of a brand new graduate route, and minor modifications to the Global Talent route. The Government also, in the Budget, launched a journey declaration type for these wishing to travel overseas for legally permitted reasons – with a number of the permitted reasons being work, training and volunteering. This change is welcome news for the social …