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Wanprestasi - Judiciary Summary Of Supreme Court Chamber Plenary Meeting 2022
Through this ARMA Update, we will discuss how Supreme Court Judges interpret few prevailing laws for it shall bring certainty within the prevailing laws and regulations.
Kepmenhub No 8 Tahun 2023 - ESG: Climate Change Mitigation Actions in Transportation Sector based on Minister of Transportation Decree No. KM 8 of 2023
In order to achieve the Indonesian Government's commitment to reduce greenhouse gas ("GHG") emissions as reflected in Indonesia’s Enhanced Nationally Determined Contribution (ENDC) which also mandated in the Presidential Regulation No. 98 of 2021 on Carbon Pricing for Achieving NDC Target and Controlling GHG Emission in National Development, it is necessary to..
Carbon trading: Can foreign buyers purchase carbon credits in Indonesia’s carbon markets?
This ARMA Update will further discuss the key points and takeaways of these letters issued by the MOEF to further elaborate on various questions regarding carbon trading in Indonesia.
OJK to Revoke Moratorium on P2P Lending Licensing
On 16 May 2023, the OJK announced that it planned to revoke the P2P Lending moratorium by the fourth quarter of 2023 at the latest. Thus, the prospective P2P Lending players are suggested to prepare for the requirements of P2P Lending license.
Business Licensing and Investment Facilities in Ibu Kota Negara Nusantara (Nusantara Capital)
This ARMA update will discuss the main points on GR 12/2023, such as (i) business licensing in IKN; (ii) ease of business in IKN; and (iii) investment facility in IKN.
Equity Financing in the Film Production
One way of financing a film production is through equity investment, which allows investors to invest their money in exchange for partial ownership of the movie. In this article, we will discuss equity financing in film production in Indonesia, the benefits and risks of this financing model, and the common pitfalls that producers need to be aware of…
Understanding the Legal Aspects of Green Bonds in Indonesia
This ARMA Update will further discuss Indonesia’s green bond legal framework, including business activities categorized as environmentally friendly projects, funding flow of green bonds, and incentives for green bonds issuance.
TMT Update: Minister of Communication and Information Technology Regulation No. 11 of 2022: Updated Provisions on the Implementation of Electronic Certification
In 2019, the Indonesian Government enacted Government Regulation Number 71 of 2019 regarding the Organization of Electronic Systems and Transactions (“GR 71/2019”). One of the provisions in GR 71/2019 is that Electronic Certification Providers are obliged to obtain an assessment from a certification body accredited by Certification Provider…
Work For Hire Principle as an Avoidance of the Reversion of Copyright Ownership in Indonesia
Copyright law is a critical aspect of intellectual property protection in Indonesia. Indonesia's copyright laws have undergone significant changes in recent years, and it is crucial for businesses operating in the film and music industries to understand the Work for Hire principles and its practical usage to avoid…