| Issue Number : 517

The tourism industry is in the business of pleasure and there are many ways of putting smiles on tourists faces. This edition of ILD will scrutinize the various legal elements underlying the fun and take a look behind the scenes at the establishment of tourism businesses.

Regulation is expected to improve the governance of publications and transactions, accelerate the expansion of financial markets and support the effective transmission of monetary policy.

| Issue Number : 516

July 2017 saw a breakthrough for Indonesian architects as the House of Representatives finally passed the Bill on Architects. This Bill comprises of 45 articles which cover various aspects of the profession that architects need to take note of, specifically: 1) The scope of the services that can be offered by architects; 2) Registration and licenses; 3) Foreign architects; 4) The rights and obligations of architects and their clients; 5) Professional organizations; and 6) Sanctions.

Ministry of Finance committed to implementing global initiatives in order to mitigate tax avoidance

Financial services institutions, issuers and public companies must now report their business plans to the Financial Services Authority on an annual basis

Twelve nickel-smelting companies have suffered losses as a result of recent price drop

Regulation will also apply to application providers operating outside the transportation sector.

| Issue Number : 515

The government and the House are currently engaged in deliberations of the Draft Bill on Broadcasting, which will ultimately replace Law No. 32 of 2002 on Broadcasting. The Draft Bill contains five new provisions which address the following areas: (1) Migration to digital technology; (2) Special broadcasting institutions; (3) Stricter investment procedures; (4) SPS as the new broadcasting standard; and (5) Enhancement of the KPI.

Nine out of ten factions at the House agree to engage in further debate regarding Perppu 1/2017

Regulations governing beneficial ownership are required by the OECD?s Global Forum on Transparency and the Exchange of Information

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