In Indonesia, typical land disputes involve claims of ownership over the same plots of land, falsification of land certificate, disputes with local communities opposing land procurements, illegal occupations, conflicts on demarcation of land boundaries, and other issues. In general, the prevailing laws and regulations provide a grace period of 5 years to whoever has any […]
In response to the rapid advancement of information technology within the financial sector, the Indonesian Financial Services Authority (“OJK”) issued OJK Regulation No. 40 of 2024 (“OJK Reg. 40/2024”) on Information Technology-Based Peer-to-Peer Lending Services (“P2P Lending Services”). This regulation serves as the legal framework to ensure the stability, security, and governance of the digital […]
Indonesia’s Ministry of Law (“MoL”) has passed Regulation No. 6 of 2025 on Procedure for the Affirmation on the Citizenship Status of the Republic of Indonesia for Indonesian Citizens Outside the Territory of the Republic of Indonesia (“MoL Reg. 6/2025”). This regulation is a basis for Indonesian citizens residing overseas, descendants of Indonesian citizens, or […]
Indonesia’s new Criminal Code (“New Criminal Code”) that was passed as law on 2 January 2023, will be effective starting 2 January 2026. The New Criminal Code will revoke the existing criminal code, Law No. 1 of 1946 on the Indonesia Criminal Code. The New Criminal Code is also accompanied by the new criminal procedure […]
On 30 June 2025, the Minister of Trade (“MoT”) issued MoT Regulation No. 16 of 2025 on Import Policies and Regulations (“MoT Reg. 16/2025”), which revokes and replaces the previous MoT Regulation No. 36 of 2023 on the same subject (“MoT Reg. 36/2023”). MoT Reg. 16/2025 is effective 30 days from the date, or 30 […]
The Financial Services Authority (Otoritas Jasa Keuangan or “OJK”) recently issued OJK Regulation No. 4 of 2025 on Financial Services Aggregator Providers (“OJK Reg. 4/2025”). Please note that aggregation refers to business activities that include collecting, filtering, and/or comparing information on financial products and services across financial institutions. OJK needs to establish the regulation for […]
The Indonesian Financial Services Authority (Otoritas Jasa Keuangan or “OJK”) recently issued Circular Letter No. 7/SEOJK.05/2025 on the Implementation of Health Insurance Products (“Circular Letter 7/2025”) on 19 May 2025. This new circular letter is issued to stipulates the implementing standards under its umbrella regulation, namely OJK Regulation (“OJK Reg”) No. 36 of 2024 that […]
In response to the current challenges of Information Technology-Based Peer-to-Peer Lending Services (“ P2P Lending ”) business activities in Indonesia (e.g., illegal P2P providers, personal data breach, unethical debt collection practices, and high percentages of bad debts or non performing loans), as well as the advancement of information technology within the financial sector as mandated […]
On 10 January 2025, the supervision of crypto assets including cryptocurrency was effectively transferred from the Commodity Futures Trading Regulatory Agency (Badan Pengawas Perdagangan Berjangka Komoditi or “Bappebti” ) to the Financial Services Authority (Otoritas Jasa Keuangan “OJK” ). After such transfer, OJK has supervised, not only cryptocurrency, but also other forms of digital financial […]
The Indonesian government announced on 24 February 2025, the establishment of a new Indonesian Sovereign Wealth Fund (“ SWF ”) named, Daya Anagata Nusantara ( “Danantara” ), a super holding company that will manage assets of Indonesia’s State-Owned Enterprise (Badan Usaha Milik Negara or “BUMN” ). The establishment of Danantara was modelled after the success […]