The Legal Update

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  • Indonesian Omnibus Bill – Changes to Labor-Related Sectors The Indonesian House of Representatives just lately handed the Omnibus Bill on Job Creation (the “Omnibus Bill”).
  • As a consequence, the BKPM will temporarily suspend the processing and issuing of licenses and can transition to a nationwide Online Single Submission system.
  • 39 Essex Chambers is a leading set based mostly in London, Manchester, Kuala Lumpur and Singapore.
  • Find the latest modifications in the legal panorama that potentially have an effect on your business.
  • How finest to speak these requirements to employees and company management.
  • forty two apply to upstream and downstream oil and gasoline firms, IUPTL holders and IPB holders.

The chart exhibits the evolution of the typical variety of instances paperwork published in a journal in the past two, three and 4 years have been cited in the present year. All forms of documents are considered, including citable and non citable documents. The purpose of this monthly update is to share some of the most recent decisions of the European and Spanish courts regarding Insolvency proceedings. 3.Plagiarism checking policy- The journal has zero tolerance policy for plagiarism.

Caste Certificate Can’t Be Denied To Sc Woman On Floor That She Married A Christian: Kerala Excessive Court Docket

However, the Indonesian Supreme Court struck down this 2013 framework as being inconsistent. BPOM Simplifies Drug Registration Process On 4th August 2016, the Food and Drug Supervisory Agency enacted a new regulation which modifications the registration course of of medicine. The adjustments are mirrored in Head of BPOM Regulation No. 17 of 2016 on the Second Amendment of Head of BPOM Regulation No. 3 of 2011. The Halal Product Assurance Law wants around 20 implementing rules which should be issued within two years after seventeenth October 2014. The Halal certification obligation underneath the Halal Product Assurance Law will become mandatory 5 years after 17th October 2014.

Legal Update

The oil and fuel sector contains of upstream and downstream activities, which are individually regulated and organised. The OJK Issues New Circular Letter on Micro-insurance Products Circular Letter 9, while not in the form of an OJK regulation, now prescribes a detailed method and approach to the distribution and sale of micro-insurance products. ESDM Regulation forty two and Oil and Gas Companies On 14th July 2017, the Minister of Energy and Mineral Resources revealed Regulation No. 42 of 2017 (Reg. 42). The share transfer/change in control and alter of director provisions of Reg.

Proposals To Determine A Ecu Authority And A Regulation On Cash Laundering

Lender Legal Update is a monthly half-hour call-in to address the latest regulatory and legal info from a sensible business perspective. In this information-packed half-hour, attorneys with the Offit Kurman Financial Institutions Regulatory group will examine the most recent tendencies, methods, and practices impacting the lending business. This listen-only session discusses the impression these trends may have on a lender’s business, the potential solutions, and alternatives. Caisa Aamuliadiga, or pleasant known as Diga, earned his Bachelor of Law from Universitas Andalas in 2016 and Master of Law from Universitas Indonesia in 2021. While in class, Diga co-founded Debate and Legal Research Communities, served because the President of Faculty of Law’s Student Executive Body, and actively participated in quite a few university-level legal drafting competitions across Indonesia.

The FTC has notched its first success utilizing a model new method to force corporations to pay cash in enforcement actions. On January 5, 2022, in FTC v. RCG Advances, the FTC settled allegations that a small-business financing agency and its principals violated Section 521 of the Gramm-Leach-Bliley Act—implicating that the statute is triggered by any misrepresentation in the midst of a transaction where a client presents cost info. This Legal Update provides background and notes the implications for businesses.

OJK Raises Corporate Governance Standards Imposed on Public Companies The Indonesian Financial Services Authority enacted a rule on the implementation of public companies’ corporate governance guidelines which set a model new standard of company governance apply for public firms. Indonesian Regulatory Framework for Real Estate Investment Funds In late 2015, the Indonesian Minister of Finance issued a regulation to encourage the expansion of real estate investment funding in the type of Collective Investment Contracts. Indonesia’s FinTech Office and New FinTech Regulation Bank Indonesia just lately launched a FinTech Office on 14th November 2016.

Our month-to-month Law Update publications cover a broad range of matters together with breaking legal news, changes in legislation, and regulatory reforms. Access to the best information is important to reach today’s world financial system. Our legal professionals have authored or co-authored a selection of newsletters, articles, books and different materials covering a extensive range of legal areas to handle the latest legal developments and increasingly various and sophisticated issues. Do you wish to stay up to date with the most recent legal points that affect you and your business? When necessary legal adjustments happen that have an result on Nolo books, we publish legal updates.

Rti Plea In Search Of Details Of Supreme Courtroom Collegium’s December 2018 Meeting Rejected By Cic

Amendment to Regulation on the Utilization of Foreign Manpower Indonesia’s Ministry of Manpower has issued Regulation No. 35 of 2015, which serves as an amendment to Regulation No. 16 of 2015 on the Procedure for the Utilization of Foreign Manpower, and brings about modifications covered on this legal update. Guide to Background Checks in Indonesia Employers in Indonesia regularly carry out background checks on applicants. Background checks are not expressly regulated by Indonesian employment legal guidelines, and sure background checks are subject to the consent of the applicant in practice.

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