No&t Thailand Legal Update
As a consequence, the BKPM will briefly suspend the processing and issuing of licenses and can transition to a nationwide Online Single Submission system. IDX Issues New Listing Rule The Indonesia Stock Exchange has issued a new listing rule for shares and equity-type securities. The new rule supplies new necessities for itemizing on the IDX and clarifies several objects that are not clearly regulated beneath the old rule. To study extra about our services and get the newest legal insights from across the Middle East and North Africa region, click on on the link beneath. A full spectrum of legal providers across jurisdictions in the Middle East & North Africa.
We will have a look at the interplay between permitted improvement and the EIA and HRA regimes including, when to screen, and the means to consider HRA and EIA within the context of functions for prior approval and what mitigation can be taken into consideration for each. This session will provide an summary, and assist you to perceive the sensible implications, of the changes to the permitted development and use class regimes brought in since August 2020. Access fastidiously chosen content material, including online seminars, members-only newsletters, and previous seminar materials that cowl quite lots of in-depth matters. This Quickguide considers the remedy of selective distribution preparations beneath EU competitors legislation.
Uber Loses Court Case On Agency Model
A New Regulation on Intellectual Property License Agreement Recordal The prevailing mental property legal guidelines in Indonesia stipulate that it’s mandatory to report an IP license agreement with the Directorate General of IP. In the absence of recordal, an IP license settlement is deemed to be not binding on any third celebration. New Ministry of Employment Regulation on Religious Festivity Allowance On 8th March 2016 the Minister of Employment issued Regulation No. 6 of 2016 on Religious Festivity Allowance for Employees in Companies. New Body Set Up to Resolve Disputes in Indonesia’s Construction Sector The Indonesian Centre for Arbitration and Alternative Dispute Resolution for Construction in late 2015 held its first seminar to announce its existence as a dispute resolution body within the subject of development in Indonesia.
- Indonesia’s PLN Invites Hydropower Developers to Prequalify Indonesia’s state-owned energy utility PLN, has issued an invitation 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.
- Companies, contractors, people, banks, real estate owners, governmental our bodies; or any mixture thereof may be events to business mediation.
- Foreign Investment Restrictions Restrictions on international shareholders in Indonesia are set out within the Negative Investment List contained in Presidential Regulation No. 39 of 2014 outlining the listing of business fields that are closed and business fields which are open with necessities for funding.
- An space that’s integral to the business and consumer supply chain as a end result of it impacts all elements of the products and services we devour.
Procedures for Land Freezes and Land Seizures in Indonesia Head of National Land Agency Regulation No.13 of 2017 covers the different land freeze and seizure procedures beforehand ruled by a number of different regulations. New Guidelines on the Advertising of Drugs The Food and Drugs Supervisory Agency has issued Decision No.8 setting out the rules on the advertising of prescription and non-prescription medication. New Abandonment and Site Restoration Obligations Upstream Oil and Gas Activities Indonesia’s Minister of Energy and Mineral Resources has regulated abandonment and site restoration actions, or post-operation activities, for the upstream oil and gasoline sector. Indonesia’s PLN Invites Hydropower Developers to Prequalify Indonesia’s state-owned power 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 capacity of above 10MW. Bank Indonesia Sets New Limits for the Provision of E-Money Bank Indonesia issued a regulation on e-money that stipulates a number of necessities and prohibitions that have been beforehand unregulated.
Can Personal Seals Be Used As A Substitute Of Signatures In Doing Business Transactions In Thailand?
This move has resulted in the elimination of several examination and licensing procedures. Real Estate Disputes in Indonesia There is not any arbitration facility or process specifically designed to accommodate real estate matters underneath Indonesian regulation. Disputes associated to real estate are treated in a similar method as some other dispute in Indonesia. New Regulation on Divestment Minister of Energy and Mineral Resources (“MEMR”) Regulation No. 9 of 2017 additional regulates the divestment process for the downstream mining trade in particular to the price at which the government will choose up shares. The regulation replaces MEMR regulation No. 27 of 2013 to the extent of the divestment provisions.