Legal Centric

On 2 December 2024, the Minister of Energy and Mineral Resources of the Republic of Indonesia stipulates Regulation of the Minister of Energy and Mineral Resources Number 14 Year 2024 regarding Implementation of Groundwater Business License and Approval for the Use of Groundwater. This regulation is stipulated in the context of maintaining the sustainability of groundwater, ensuring legal certainty, and increasing effectiveness and efficiency in the implementation of water resources activities in groundwater sources.

Pada tanggal 2 Desember 2024, Menteri Energi dan Sumber Daya Mineral Republik Indonesia menetapkan Peraturan Menteri Energi dan Sumber Daya Mineral Nomor 14 Tahun 2024 tentang Penyelenggaraan Izin Pengusahaan Air Tanah dan Persetujuan Penggunaan Air Tanah. Peraturan ini ditetapkan untuk menjaga keberlanjutan air tanah, menjamin kepastian hukum, dan meningkatkan efektivitas dan efisiensi dalam pelaksanaan kegiatan sumber daya air pada sumber air tanah.

Friday, April 11 2025

Implementation of Governance for Rural Banks

Penerapan Tata Kelola Bagi Bank Perekonomian Rakyat

On 18 October 2024, the Executive Head of Banking Supervision of the Financial Services Authority stipulated Circular Letter of the Executive Head of Banking Supervision of the Financial Services Authority Number 12/SEOJK.03/2024 regarding Implementation of Governance for Rural Banks. This circular letter is stipulated to regulate further explanations regarding the implementation of good governance in Rural Banks.

Pada tanggal 18 Oktober 2024, Kepala Eksekutif Pengawas Perbankan Otoritas Jasa Keuangan menetapkan Surat Edaran Kepala Eksekutif Pengawas Perbankan Otoritas Jasa Keuangan Nomor 12/SEOJK.03/2024 tentang Penerapan Tata Kelola Bagi Bank Perekonomian Rakyat. Surat edaran tersebut ditetapkan dengan tujuan untuk mengatur penjelasan lebih lanjut mengenai penerapan tata kelola yang baik pada Bank Perekonomian Rakyat.

Wednesday, April 09 2025

Updates

Sixth Amendment to Regulation of the Director General of Customs and Excise on Customs Import Declarations

Perubahan Keenam atas Peraturan Direktur Jenderal Bea dan Cukai tentang Pemberitahuan Pabean Impor

Summary of Law of the Republic of Indonesia Number 1 Year 2025 regarding Third Amendment to Law Number 19 Year 2003 regarding State-Owned Enterprises

Rangkuman Undang-Undang Republik Indonesia Nomor 1 Tahun 2025 tentang Perubahan Ketiga Atas Undang-Undang Nomor 19 Tahun 2003 Tentang Badan Usaha Milik Negara

Summary of Circular Letter of the Executive Head for the Supervision of Insurance, Guarantee, and Pension Funds of the Financial Services Authority Number 23/SEOJK.05/2024 regarding Format and Composition of Periodic Reports of Insurance Company and Reinsurance Company

Rangkuman Surat Edaran Kepala Eksekutif Pengawas Perasuransian, Penjaminan, dan Dana Pensiun Otoritas Jasa Keuangan Nomor 23/SEOJK.05/2024 tentang Bentuk dan Susunan Laporan Berkala Perusahaan Asuransi dan Perusahaan Reasuransi

Target for the Completion of Construction of Probolinggo-Banyuwangi Toll Road in 2025

Target Penyelesaian Pembangunan Jalan Tol Probolinggo-Banyuwangi pada Tahun 2025

Stipulation of the Market Price Index of Biodiesel Type Biofuel for April 2025

Penetapan Harga Indeks Pasar Bahan Bakar Nabati Jenis Biodiesel untuk Bulan April 2025

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Articles

New OJK Regulation on Financial Conglomerates (Vol. 1)

The Business Judgement Rule in Indonesia: Insights for Corporate Governance

Navigating BPOM Registration: A Guide to Cosmetics Distribution Permits in Indonesia

Indonesia: The Circle of Life – Highlights of New Reproductive Health Regulation

Global Minimum Tax Provisions / Pillar 2 of BEPS 2.0 In Indonesia

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Laws & Regulations

Press Release · The Head of the Department of Financial Literacy, Inclusion and Communication of the Financial Services Authority · SP 60/GKPB/OJK/IV/2025

Sektor Jasa Keuangan Tetap Resilien Didukung Fundamental Perekonomian Yang Solid Di Tengah Meningkatnya Risiko Ketidakpastian

Decision · The Minister of Energy and Mineral Resources · 133.K/MB.01/MEM.B/2025

Benchmark Metallic Mineral Prices and Benchmark Coal Prices for the Second Period of April 2025

Harga Mineral Logam Acuan dan Harga Batubara Acuan untuk Periode Kedua Bulan April Tahun 2025

Decision · The Minister of Public Works · 442/KPTS/M/2025

Pembentukan Panitia Seleksi Pemilihan Pengurus Lembaga Pengembangan Jasa Konstruksi Periode 2025-2029

Decision · The Minister of Public Works · 443/KPTS/M/2025

Dewan Pengawas Lembaga Pengembangan Jasa Konstruksi Periode 2025-2029

Circular Letter · The Executive Head for the Supervision of Insurance, Pension Funds, Financing Institutions, and Other Financial Service Institutions · DRAFT

Format and Composition of Periodic Reports of Insurance Broker Companies, Reinsurance Broker Companies, and Loss Adjuster Companies

Bentuk Dan Susunan Laporan Berkala Perusahaan Pialang Asuransi, Perusahaan Pialang Reasuransi, Dan Perusahaan Penilai Kerugian Asuransi

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Insights

Implementation of Groundwater Business License and Approval for the Use of Groundwater

Penyelenggaraan Izin Pengusahaan Air Tanah dan Persetujuan Penggunaan Air Tanah

Implementation of Governance for Rural Banks

Penerapan Tata Kelola Bagi Bank Perekonomian Rakyat

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