Prior to Regulation No. 45 of 2014, the types and tariffs of non-tax state revenue applicable to the Ministry of Law and Human Rights (hereinafter referred to as ‘Ministry’) were regulated in Government Regulation No. 38 of 2009. Regulation No. 45 of 2014 (hereinafter referred to as: ‘Regulation No. 45/2014’) was recently issued to adjust…
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Government Enacts the New Negative Investment List

Background In order to increase investment activities in Indonesia as well as the implementation of Indonesia’s commitment with respect to the Association of Southeast Asian Nations/ASEAN Economic Community (AEC), it is necessary to rework the provisions on the list of business fields closed to investment and business fields open with conditions to investment or commonly…
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Investment Agreement In International Trade Law In Relation To Developing Country

Background In the development of international law, there is the law that regulates investment efforts related to international trade, which is Trade - Related Investment Measures or referred to TRIMs within the framework of the World Trade Organization (WTO). Foreign Investment’s Negative Impact Foreign direct investment may incur negative impact to the economy of recipient…
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Law Number 21 of 2011 on Financial Service Authority
Financial Services Authority or commonly abbreviated as OJK, is an independent institution and free from the intervention of other party, which has the functions, duties, and authority to regulate, supervise, examine, and investigate against the activities in the financial services sector, which are the activities in banking, capital markets, insurance, pension funds, funding institutions and…
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Investing in the debt market – The investment law and essential steps to follow
It is a great way to invest your money in the debt market since you will be able to make good amount of return without taking unnecessary risk. There are several options available for the investors to invest in the debt instrument and so, it is essential to research thoroughly every money-making option before investing…
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