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Indonesia's Ministry of Manpower has updated its guidelines on sexual harassment in the workplace. One requirement under the new guidelines is for employers to create a task force for preventing and dealing with sexual violence in the workplace. Read more
On 6 April 2023 Indonesia’s Financial Services Authority, OJK, issued further amendments to the insurance financial soundness requirements (OJK Reg 5/2023), with immediate effect. Read more
Indonesia’s Competition Commission (the KPPU) has issued a new merger control regulation with revised thresholds for triggering a merger filing in Indonesia. Read more
Recent developments in the financial services sector have included technology disruption and increased financial and investment risks arising from developments in financial instruments, including digital assets. Read more
On 2 January 2023, the Indonesian President approved a new law (the New Criminal Code) to replace the century-old Indonesian Criminal Code (the ICC). The New Criminal Code revisits various criminal offences previously regulated under separate laws and by the ICC itself, revising many of the sanctions for corruption, bribery, and money laundering crimes. Read more
