Rajah & Tann Regional Round-Up
your snapshot of key legal developments in Asia
Issue 1 - Q1 2020 (Special Edition on COVID-19)
 

Control and Support Measures in Indonesia Amid the COVID-19 Pandemic

The Indonesian government's response to the COVID-19 pandemic has been steadily intensifying in the past weeks. Pursuant to Regulation of the DKI Jakarta Governor No. 33 of 2020 and Decree No. 380 of 2020, Jakarta became the first province in Indonesia to impose a massive social restriction. This is evidenced by the closing of schools, offices (except for those conducting essential services) and places of worship, enforcement of passenger's limitation for public and personal transportation and prohibition of mass gathering. By mid-April, President Joko Widodo declared COVID-19 as a non-natural national disaster, which obliges the governors, regents, and mayors of the various regions in Indonesia to establish policies in line with this declaration. West Java and Tangerang soon followed Jakarta's lead and declared a massive social restriction in their respective regions.


On the business side, the government has begun setting the stage to allow public institutions to introduce future measures to ensure that business can go on as usual. The OJK, Indonesia's financial services authority, now allows the submission of certain reports online and has issued a regulation on electronic general meeting of shareholders. Further, OJK has also issued Regulation No. 11/POJK.03/2020 to stabilise the nation' financial system and support economic growth amidst the outbreak. Various courts have also embraced technology by allowing certain hearings to be held via teleconference.






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
Managing 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
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

Cheng Yoke Ping
Partner
D +65 62320265
yoke.ping.cheng@rajahtann.com

Paul Ng
Partner
D +65 62320429
paul.ng@rajahtann.com

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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.