Rajah & Tann Regional Round-Up
your snapshot of key legal developments in Asia
 Issue 4 – Q4 2023 (Year in Review Edition)
 

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.




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.