“Following the promulgation of the Omnibus Law in 2020, the Indonesian government has issued several implementing regulations, including the implementing regulation concerning industrial relations between employers and their employees.” From mid-2020 to early 2021, matters regarding industrial relations have been made uncertain by the promulgation of Law No. 11 of 2020 concerning Job Creation (“Omnibus […]
Month: March 2021
“Presidential Regulation No. 10/2021 has revoked and replaced the prior Indonesian Negative Investment List (PR 44/2016).” Following the promulgation of Law No. 11 of 2020 on Job Creation (“Job Creation Law”), the Government has stipulated one of its derivative regulations as Presidential Regulation No. 10 of 2021 on Capital Investment Business Fields (“PR 10/2021”). PR […]
PBI 23/2020 has amended Payment System regulation, which restructuring the regulatory framework for Payment System, including reclassifying the activities of the Payment System operator.