Long-awaited Reform of Indonesia’s Renewable Energy Sector
After several years of discussions, the Indonesian Government has finally issued Presidential Regulation No. 112 of 2022 on Accelerating Development of Renewable Power Supply (PR 112/2022).
OJK’s Revised Regulatory Framework on Peer-to-Peer Lending
Indonesia’s Financial Services Authority has issued a new regulation on peer-to-peer lending platforms. As the sector matures, more stringent regulatory requirements have been introduced, applying concepts similar to those found in other financial services sub-sectors.
Indonesian Financial Services Companies Prohibited from Marketing Non-OJK Licensed Investment Products
Innovation and digitalisation in the financial sector have provided investors with easier access to various investment products (including offshore issued securities). The recent appearance of certain market players providing access to various types of offshore issued securities and other investment products to Indonesian investors has resulted in greater attention from a consumer protection perspective.
Indonesia Passes Historic Personal Data Protection Bill
On 20 September 2022, Indonesia’s President and House of Representatives (DPR) approved the Personal Data Protection bill following six years of deliberation.
Dealmaking Done Well: A Discussion with the Indonesia Investment Authority’s Chief Investment Officer
The “pandemic” years have been a learning experience for both investors and business. While growth prospects for the Indonesian economy remain promising, global investors appear to be moving towards a more cautious investment strategy.