The Indonesian Government Resumes Discussions on Over-The-Top Regulation The 2017 Draft OTT Regulation intends to force Over The Top utility and content service suppliers to determine presence in Indonesia, to guard public interest and guarantee certainty of client safety. New Regulation on Marketing Authorization for Medical Devices and Supplies The Minister of Health issued Regulation No. sixty two of 2017 on Marketing Authorization for Medical Devices and Supplies to harmonize Indonesian rules with ASEAN and world rules on medical gadgets. Foreign Employees and Termination Benefits in Indonesia Supreme Court Circular Letter No. 1 of 2017 provides legal certainty that foreigners can solely be employed in Indonesia under a fixed-term employment agreement for the period of their work permit. SEMA No. 1 eliminates any possible future claims that international employees are everlasting staff and thus take pleasure in statutory termination benefits under the Manpower Law.

Regulation Curbs Power of Local Authorities in Indonesian Mining Sector The Indonesian authorities seems to be getting serious about stripping regents of the authority to concern mining licenses. The authorities took the first steps in this path with Minister of Energy and Mineral Resources Regulation No. 27 of 2013. Establishing a Presence in Indonesia from Abroad The most common option for an abroad firm as a foreign investor to determine a presence in Indonesia is by establishing a restricted liability company (Perseroan Terbatas ) with overseas possession .

Indonesian Government Publishes 2017 Cost of Electricity Generation Figures The Government lately issued Decree No. 1772 K/20/MEM/2018 which illustrate the costs to PLN of procuring energy from the different systems/sub-systems all through Indonesia. Indonesia’s PLN Invites Hydropower Developers to Prequalify Indonesia’s state-owned energy utility PLN, has issued an invite to hydropower builders to submit functions to be included on the List of Selected Providers for Indonesian hydropower tasks with a capability of above 10MW. New Regulation in Managing Oil and Gas Working Areas with Expiring PSCs The authorities has issued MEMR Regulation No. 23 of 2018, which states that a PSC Contractor does not routinely have the best to a PSC extension.

This month’s update identifies latest court docket selections illustrating the IDEA issues of “stay-put” and “reverse” attorneys’ fees. This version of our Luxembourg Legal Update covers, amongst different matters, the Law of 24 July 2015 implementing FATCA, the Law of 23 July 2015 on the remuneration insurance policies in the financial sector and the Bill of regulation N°6858 on the automated trade of information on monetary accounts in tax issues. Hospital News covers developments and issues that affect all well being care professionals, directors, patients, visitors and college students. Hospital News is printed monthly and is made obtainable in distribution racks positioned in excessive visitors areas in hospitals and associated institutions across the country. New Negative Investment List Introduces Changes to Health Investment in Indonesia The Indonesian Government has released the long-awaited New Negative Investment List, issued underneath Presidential Regulation No. 39 of 2014.

Legal And Tax Updates

This is a key schedule which sets out a listing of named “central authorities contracting authorities”. Central authorities contracting authorities are topic to a lower threshold for supplies and companies contracts – £122,976, versus sub-central authorities, which are not expressly listed in Schedule 1 and for which that threshold is £189,330. In relation to the draft steerage published in Spring this 12 months, the Commission revealed that responses to the session confirmed the draft guidance had usually been well-received by charities, specifically due to its positive tone, simple reading type and shorter length. Last week’s publication by the Charity Commission of a abstract of the responses received from charities, umbrella our bodies and professionals to its recent draft steering on “responsible funding” confirmed that charities are going to have to wait till subsequent yr no much less than for its finalised guidance on this matter. For extra data on this latest improvement, click on right here to read Ben Hardiman’s article.

• Healthcare specialist, Michael J. Byrd, Esq., walks through points and options associated with compensation fashions, frequent covenants, patient base improvement and therapy duties, and termination clauses.
• Licensing of Insurance and Reinsurance Providers in Indonesia Insurance and reinsurance corporations doing enterprise in Indonesia have to be licensed by the Financial Services Authority .
• The authorities took the first steps on this path with Minister of Energy and Mineral Resources Regulation No. 27 of 2013.
• New Regulation Prohibits Manufacturers from Importing Industrial/Finished Goods As part of the government’s economic deregulation bundle issued on ninth September 2015, the Ministry of Trade has issued one other new regulation on imports.

Insurance Companies Must Follow Requirement on Ultimate Shareholders The Indonesian Insurance Law launched a major change concerning the shareholding composition of insurance corporations. The Insurance Law mandates that the local shareholders in an insurance coverage firm have to be finally owned by Indonesian people. Indonesia Launches New Economic Policy Package On thirty first August 2017, President Joko Widodo enacted the 16th financial coverage package, which goals to enhance the convenience of doing business in Indonesia by offering measures to accelerate issuance of enterprise licenses and permits on the central and regional levels. Data Protection in Indonesia’s Financial Services Sector Minister of Communication and Informatics Regulation No.20 of 2016 strengthens the obligations to protect the private and financial knowledge of consumers by providers of electronic techniques.

Medico Legal Update

Healthcare specialist, Michael J. Byrd, Esq., walks by way of issues and choices related to compensation fashions, frequent covenants, patient base growth and remedy obligations, and termination clauses. Mr. Wichern is a acknowledged professional on the risks of heroin and the prescription drug epidemic and routinely speaks to healthcare organizations, pharmacies and suppliers to establish strategies to better safeguard their practices and reduce the professional and operational dangers emanating from these threats. He was the first to develop CME applications addressing MAT and ache prescribing safeguards, federal regulatory and DEA compliance, credentialing and drug destruction.

Cambodia: 2021 Property Tax Deadline Extended

N°6624 of 4 October 2013 on the reform of the businesses and associations’ legal publication guidelines, Bill N°6624 of four October 2013 on the lock-up mechanism of bearer shares and units and necessary case regulation on Article 100 of the Companies Law. This edition covers, amongst other subjects, Reserved Alternative Investment Funds and the Law of 18 December 2015 amending certain provisions of the Companies Law, the Law on the Register of Commerce and Annual Accounts and the Luxembourg commercial code. At Drew & Napier, we offer legal updates and publications on the most recent legal and regulatory developments that matter to our purchasers and pals. This work is licenced beneath the CanLII person licence which includes the best of the User to make copies of the work for legal research purposes, in the follow of legislation or within the train of their legal rights.

New OJK Rule on Public Accountants and Public Accountant Offices The issuance of this new rule has an influence on the engagement of external auditors by publicly-listed corporations on condition that public companies are one of many subjects being regulated and supervised by OJK. ESDM Regulation forty two and Oil and Gas Companies On 14th July 2017, the Minister of Energy and Mineral Resources printed Regulation No. 42 of 2017 (Reg. 42). Indonesia Looks to Simplify Business Licensing With OSS System As a part of the push by the administration of President Joko Widodo to improve the ease of doing enterprise in Indonesia and increase funding, the federal government has issued Government Regulation Number 24 of 2018 concerning Online Business Licensing Services . Employee Data Privacy in Indonesia The Indonesian Minister of Communication and Informatics comparatively lately issued MOCI Regulation No. 20 of 2016 relating to the Protection of Personal Data in Electronic Systems , which stipulates the protections afforded to personal knowledge stored in an electronic system. In this edition we provide you with the newest in legal updates, news and perception from the sector. Not each article in a journal is taken into account major analysis and therefore “citable”, this chart reveals the ratio of a journal’s articles including substantial analysis in three year windows vs. these paperwork aside from research articles, reviews and convention papers.