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Rajah & Tann Regional Round-Up

your snapshot of key legal developments in Asia

Issue 4 – Q4 2023 (Year in Review Edition)

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INDONESIA

Looking Back: 2023 and Gazing Into: 2024

Looking Back: 2023

In 2023, Indonesia underwent significant financial regulatory changes to enhance market transparency and investor protection. The Indonesia Stock Exchange ("IDX") introduced a Watchlist Board to monitor companies with unusual market activities, and launched Indonesia's carbon exchange, governed by the Financial Services Authority ("OJK"). Simultaneously, the BUMN Omnibus Regulations reshaped corporate governance for State-Owned Enterprises ("SOE"), with a focus on transparency and efficiency.

Gazing Into: 2024

In 2024, significant legal and regulatory developmets are expected in three key sectors, namely, renewal energy, electric vehicle and digital data economy (in particular with regard to Artificial Intelligence ("AI").

Full Report

Click on the link below for the full report which provides summaries of the key legal developments related to the above areas.

Regional Round-Up 2023: Indonesia

Please note that whilst the information in this Update is correct to the best of our knowledge and belief at the time of writing, it is only intended to provide a general guide to the subject matter and should not be treated as a substitute for specific professional advice.


Assegaf Hamzah & Partners 
Jakarta Office
Level 36 & 37, Capital Place
Jalan Jenderal Gatot Subroto Kav 18
Jakarta 12710, Indonesia

Surabaya Office
Pakuwon Center, Superblok Tunjungan City
Lantai 11, Unit 08
Jalan Embong Malang No. 1, 3, 5, 
Surabaya 60261, Indonesia
http://id.rajahtannasia.com


Contacts: 

Bono Daru Adji
Senior Partner
D +62 21 2555 7800 
F +62 21 2555 7899 
bono.adji@ahp.co.id

Ahmad Fikri Assegaf
Senior Partner/Co-Founder
D +62 21 2555 7800 
F +62 21 2555 7899 
ahmad.assegaf@ahp.co.id

Chandra M Hamzah
Partner
D +62 21 2555 7800 
F +62 21 2555 7899 
chandra.hamzah@ahp.co.id

Eri Hertiawan
Partner
D +62 21 2555 7800 
F +62 21 2555 7899 
eri.hertiawan@ahp.co.id

Ibrahim Sjarief Assegaf
Managing Partner
D +62 21 2555 7800 
F +62 21 2555 7899 
ibrahim.assegaf@ahp.co.id


Rajah & Tann Singapore LLP

Contacts: 

Hamidul Haq
Partner
D +65 62320398
hamidul.haq@rajahtann.com

Rajah & Tann Asia is a network of legal practices
based in Asia.

Member firms are independently constituted 
and regulated in accordance with relevant local
legal requirements. Services provided by a member
firm are governed by the terms of engagement
between the member firm and the client.

This update is solely intended to provide general
information and does not provide any advice or
create any relationship, whether legally binding
or otherwise. Rajah & Tann Asia and its member firms do not
accept, and fully disclaim, responsibility for any
loss or damage which may result from accessing
or relying on this update.