News & Announcements

W&P Newsletter – Relaxation of Asset Quality Determination and Financing Restructuring Rules for Non-Bank Financial Institutions

Written on June 16, 2020 at 8:00 am, by

On 28 January 2020, the Indonesian National Disaster Management Agency (Badan Nasional Penanggulangan Bencana or “BNPB”) declared a disaster emergency status due to the (“COVID-19”) outbreak in Indonesia. Following the declaration of the disaster emergency status, the Indonesian Financial Services Authority (Otoritas Jasa Keuangan or “OJK”) issued OJK Regulation No. 14/POJK.05/2020 on the Countercyclical Policy… Read More »

W&P Newsletter – BKPM Introduces New Guidelines for the Implementation of Integrated Electronic Business Licensing Service

Written on June 8, 2020 at 8:00 am, by

In its latest effort to cut the red tapes of business licensing and to follow-up the takeover of Online Single Submission (“OSS”) system, as mandated by Government Regulation 24/2018 (“GR 24/2018”) (click here for the previous update), the Indonesian Investment Coordinating Board (Badan Koordinasi Penanaman Modal “BKPM”) issued Regulation No. 1 of 2020 on Guidelines… Read More »

W&P – Asia Business Law Journal | Measures by Governments Across Asia In Managing the COVID-19 Pandemic

Written on June 2, 2020 at 9:52 am, by

The Asia Business Law Journal (ABLJ) just issued a comprehensive report on various measures of governments across Asia to manage the COVID-19 pandemic. The measures have forced them to resort to strict lockdowns at one hand, but on the other have brought their economies to a standstill, which in turn, have presented a twin challenge:… Read More »

W&P Newsletter – New Ministry of Health’s Guidelines of Dos and Don’ts at the Workplace during and after the Large-Scale Social Restriction (PSBB)

Written on May 29, 2020 at 2:30 pm, by

To maximize the implementation of the PSBB policy during the COVID-19 pandemic and to transition into the “new normal”, the Minister of Health has just issued a new Ministerial Decree No. HK.01.07/MENKES/328/2020 concerning Guidelines for COVID-19 Prevention and Control in Office and Industrial Workplace Settings to Support Business Sustainability during a Pandemic (“Guidelines”). The Guidelines… Read More »

W&P – Top Indonesian Lawyer 2020 by Asia Business Law Journal

Written on May 21, 2020 at 8:35 pm, by

Both W&P Partners are named among the 100 A-List of Top Indonesian Lawyer 2020 by Asia Business Law Journal. We are honored and grateful to be placed in such distinguished rank for 3 years in a row.

W&P Newsletter – Indonesian Bankruptcy and PKPU Alert – New Rules by the Supreme Court

Written on May 18, 2020 at 7:00 am, by

To provide further technical guidance in administering cases of bankruptcy and suspension of debt payment, the Indonesian Supreme Court has just issued a revised Guideline on Bankruptcy and Suspension of Debt Payment Case Settlements  (“Guideline”). Previously, the Guideline was enacted by virtue of the Chairman of the Supreme Court Decision No. 3/KMA/SK/I/2020 (“Decision 3/2020”). However,… Read More »

W&P Newsletter – Industrial Sectors Legal Alert – Exemption of Large-Scale Social

Written on May 10, 2020 at 12:12 pm, by

In response to the Covid-19 outbreak, the Indonesian Government has enacted specific regulations to impose the large-scale social restriction policy (pembatasan sosial berskala besar – PSBB). This policy temporarily limits mass activities within certain areas (please see W&P’s previous newsletters on large-scale social restriction and economic stability regulations here and measures taken by the Indonesian… Read More »

W&P Newsletter – Capital Markets Regulation Update on Material Transactions and Changes in Business Activities

Written on May 4, 2020 at 8:23 pm, by

On 21 April 2020, the Indonesian Financial Services Authority (Otoritas Jasa Keuangan or “OJK”) issued OJK Regulation No. 17/POJK.04/2020 on Material Transactions and Changes in Business Activities (“OJKR 17/2020”), annulling the previous Rule No. IX.E.2 as attached to Decision of Bapepam-LK No. KEP-614/BL/2011 dated 28 November 2011 on the same subject matter (“Rule IX.E.2”). Certain… Read More »

W&P Newsletter – Indonesian Antitrust Alert – Electronic Settlement of Antitrust Cases

Written on April 28, 2020 at 11:29 am, by

Due to the COVID-19 outbreak, the Indonesia Competition Supervisory Commission – Komisi Pengawas Persaingan Usaha (“KPPU”) has issued KPPU Decision No. 12/KPPU/Kep.1/IV/2020 on Antitrust Cases Handling amid COVID-19 Outbreak  and KPPU Regulation No. 1 of 2020 on Electronic Settlement of Cases (“KPPU Regulation”), allowing KPPU to prioritize the use of the electronic media, including video… Read More »

W&P – Recognized by HukumOnline as one of inspiring NexGen Lawyers 2020

Written on April 26, 2020 at 12:36 pm, by

W&P’s lawyer Ms. Siti Kemala Nuraida is featured by Hukumonline as one of the Young Female Lawyers of 2020, in an article titled “Hukumonline NexGen Lawyers 2020: Excellence during a Challenging Time”. The article selects a few young female Indonesian lawyers who are considered bright, promising, and passionate to represent their generation and to inspire… Read More »