Category: Legal Update

Enterprise Rules In Indonesia

The verification and approval process involves the submission of an software to the pinnacle of the related PLN area/distribution unit, accompanied by the required administrative and technical info. OJK Issues a Regulation on Fit and Proper Test Reassessment On 27th December 2018, the Financial Services Authority issued OJK Regulation No. 34/POJK.03/2018 on Fit and Proper Test Reassessment for Primary Parties of Financial Services Institutions, which will turn into efficient on 28 January 2019. IDX Issues New Listing Rule The Indonesia Stock Exchange has issued a brand new itemizing rule for shares and fairness-type securities. The new rule provides new requirements for listing on the IDX and clarifies a number of items that are not clearly regulated under the old rule. Indonesia Issues Guidance for Online Licensing Service The Indonesian Investment Coordinating Board (“BKPM”) on April 1, 2020, issued BKPM Regulation No. 1 of 2020 regarding Guidelines for the Implementation of …

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Legal Update For Government Attorneys Webcast

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  • The newly-issued MOF 129/2016 introduces further provisions with the said aim of bettering efficiency and effectiveness.
  • Bank Indonesia Sets New Limits for the Provision of E-Money Bank Indonesia issued a regulation on e-cash that stipulates a variety of requirements and prohibitions that have been beforehand unregulated.
  • Downsizing in Indonesia There has been appreciable confusion about whether or not employers in Indonesia are allowed to downsize a part of their workforce for effectivity reasons.
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Evolution of the variety of total citation per document and external …

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Legal Updates

The adjustments involve a serious shift of the duty for tax compliance from workers’ private service firms on to their end-user clients. Charity Legal Update offers you up to date news on the latest legal and coverage decisions affecting the charity sector. The blog posts are written by our group of specialist charity lawyers at prime 50 UK regulation firm, Mills & Reeve LLP. In our first actual property shopper update, we discussed adjustments to the spatial utilisation permit, building permits, amendments under the Housing Law and Apartment Law, and overseas ownership of apartment models. In this second update, we focus on other crucial adjustments to this sector, which embody land procurement for public functions, the establishment of the Land Bank, and strengthening of the Right to Manage title.

  • Employee Data Privacy in Indonesia The Indonesian Minister of Communication and Informatics relatively just lately issued MOCI Regulation No. 20 of
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Texas Leasing & Property Administration Legal Update

Indonesia Relaxes Mandatory Employer Contributions to Manpower Social Security Programs Amid COVID-1 With COVID-19 infections not slowing within the nation, the Government of Indonesia (“GOI”) has continued to issue rules aimed at fighting the pandemic and the financial downturn it has brought on. New Developments in Indonesian Immigration Policy On September eleven, 2020, the Indonesian Government enacted a brand new regulation that introduces several changes to the immigration regime that affect foreigners, Indonesians and the procurement of journey documents. Indonesia’s New Investment List significantly relaxes funding restrictions together with within the healthcare sector.

Legal Update

A Power of Attorney is a legal document that enables an individual to appoint another particular person to behave on their behalf to manage their affairs. Keebles’ Carys Thompson set to share privacy law experience at Consulegis webinarWe’re delighted to announce that Keebles’ Partner Carys Thompson will be sharing her privacy regulation expertise at Consulegis’ webinar, ‘The …

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Assegaf Hamzah And Partners Omnibus Legislation

The Privy Council has issued a judgment in regards to the remoteness of damages under English contract law, specifically in the engineering context where the same company is hired to design and construct a plant after which to operate and preserve it. In Attorney General of the Virgin Islands v Global Water Associates Ltd the court docket ruled that damages claimed by the engineering contractor against the employer should embrace income lost under the second contract, despite the fact that the case was primarily based on a breach of the primary one. The reason for this was that the two contracts have been intently associated, having been executed on the identical day, being between the same two parties, and regarding the same project.

On 31 July 2020 the Government launched an impartial review to examine whether there is a need to reform the judicial evaluation course of in the UK. …

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Employment Legislation Update

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  • Manpower Ministry Issues Regulation on Delegation of Licensing Authority to the BKPM In December 2017, the Indonesian Ministry of Manpower issued Regulation No. 22 of 2017 on the Implementation of the One-Stop Integrated Service for the Manpower Sector at the BKPM.
  • The Bill proposes each restrictions on deductibility for sure funds and stricter dividend taxation.
  • Data Protection in Indonesia There are numerous laws that relate to data privacy in numerous particular areas though there isn’t a comprehensive data protection legislation in Indonesia.
  • Royalties have been considered costs to be added to customs value – so long as the royalties meet all the situations set
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West’s® Big Apple Legal Update

Indonesia’s OJK Issues Regulation on Quick Restructuring for Troubled Banks in Wake of COVID-19 The COVID-19 global pandemic has taken a toll on the Indonesian financial system, underlining the need for financial institutions to have enough liquidity within the face of uncertain occasions. No New Mining Licenses – A Reminder to Governors in Indonesia Indonesia’s performing Director General of Mining and Coal (“DGMC”) has issued a letter to the country’s provincial Governors to emphasize that the moratorium on the issuance of latest mining licenses is still in place. Indonesia’s New Investment List – Summary of Draft Presidential Regulation Investment in Indonesia is subject to the Negative Investment List, or DNI. The present Negative Investment List was issued in 2016 by way of Presidential Regulation No. 44 of 2016 concerning the List of Business Fields that Are Closed and Business Fields that Are Conditionally Open for Investment.

Indonesia’s FinTech Office and …

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Month-to-month Legal Update

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As the top of the Brexit transition period approaches, we’ve up to date our “EU Law” web page in the Right to Remain Toolkit. Because of the Coronavirus public well being crisis, there have been some short-term changes to the asylum and immigration process. This contains to the asylum substantive interview, additional submissions, visa extensions, attraction hearings, reporting necessities and detention. RELX Group and the RE image are trade marks of RELX Intellectual Properties SA, used beneath license. Qld Workers’ Compensation request for medical …

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Lender Legal Update Name

For a abstract of the current changes to the immigration guidelines, head over to our sister weblog hr regulation reside. Other modifications embrace the introduction of a brand new graduate route, and minor modifications to the Global Talent route. The Government additionally, in the Budget, introduced a travel declaration form for these wishing to travel overseas for legally permitted causes – with a few of the permitted reasons being work, education and volunteering. This change is welcome news for the social care sector, which has long campaigned for senior care workers to be added to the scarcity occupation list, to permit care suppliers to be able to recruit appropriate candidates outdoors of the UK. The response from the Government additionally confirms the Charity Commission “intends” to update its steerage on managing a charity’s funds to make clear the availability of charity property to collectors where a charity turns into bancrupt.…

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Monthly Legal Update

Law Society Publishing titles, e-books and chosen key works from different legal publishers. We symbolize and support our members, selling the best skilled requirements and the rule of legislation. Code will present single reference point for regulation on sentencing and will apply to all offenders convicted of an offence after 1 October 2020. The ways innovation is achieved will change, and patent and copyright law would require reform to handle this.

The upcoming Supply Chain Act is just the legal manifestation of a basic pattern in the direction of extra sustainability within the financial system. ESG due diligence and the inclusion of sustainability features within the funding guidelines of economic buyers are excellent examples on this regard. Thus, the Supply Chain Act is only the continuation of a trend that can no longer be stopped. It may have far-reaching effects on the complete M&A course of, from selection of targets, …

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