Workers urged to ensure that their legitimate legal rights are not being violated

Working committee will be responsible for solving ongoing disagreements over the government?s latest wage regulations

Lawyers and judges await official Supreme Court dissemination of information

Law-enforcement authorities and judges encouraged to refer to review

New policy package also adds 19 business sectors and expands work-value threshold

This ILD is a follow up to last weeks ILD publication (No. 440), which discussed the Venture-Capital Industry covering the procedures for establishing venture-capital companies, their form and ownership, their organizational structure, and licensing procedures. Part II of this venture-capital ILD will cover venture-capital business activities and the various monitoring measures that can be undertaken by the OJK.

Legal status, uncompetitive practices, and legal conformity within the capital market still unresolved

Investors may now begin construction work on any projects while awaiting issuance of essential licenses

This edition of Indonesian Law Digest (ILD) is the first in a series of ILDs which will discuss the OJKs new venture-capital regulations. In addition to highlighting the important provisions set out in these new regulations, their differences to the previous regulatory framework, which was based on 18/2012 MoF Regulation, will also be discussed. This is due to the fact that not a single provision under the aforementioned OJK regulations clearly specifies that the 18/2012 MoF Regulation has been repealed.

Balance between investor protection and the rights of the general public should be sought