The fulfillment of licensing requirements for Private Terminals encompasses the following elements: 1) Construction; 2) Development; 3) Operation; 4) Extension of operation; 5) Extension of construction; 6) Extension of development; 7) Adjustment of operation; and 8) Registration. Meanwhile, the utilization of coastlines should be undertaken in line with two operational purposes, specifically: 1) TPK; and 2) Non-TPK

Following restrictions have now been introduced and will apply to Unit Link sub-funds: 1) Limits on placements of investments that derive from Unit Link sub-funds have been determined; and 2) Placements of Unit Link sub-funds in the form of mutual funds (reksa dana) are only applicable to funds with underlying assets that take the form of securities issued by the state or Bank Indonesia

PT PLN (Persero) is required to prioritize purchases of electrical power from power plants that utilize renewable sources of energy, which may be entirely owned by business entities or partially/entirely owned by the government

Data controllers and/or data processors are required to comply with various obligations. Moreover, any lack of compliance with said obligations will result in the imposition of either administrative sanctions or criminal sanctions

Issuers and public companies with effective registration statements must submit their annual financial statements and semi-annual financial statements to the Financial Services Authority and also announce them to the general public

Futures Advisors may only provide IT-Based Advice after they have first secured approvals from the Head of Bappebti through the fulfillment of certain requirements. Applications for approvals for Futures Advisors permitted to provide IT-Based Advice should be submitted electronically online via the following website: http://pbk.bappebti.go.id

The overall procedure for Stock Splits and Mergers breaks down as follows: 1) Announcement of information disclosure in a Stock Split and Merger plan on the same day that the relevant RUPS announces its approval for said action; and 2) Implementation of the Stock Split and Merger, which should be completed within 30 days of the holding of the RUPS that approves the plan for the Stock Split and Merger

Based on the results of field inspections of Factories that feature on the List of Factories, SAC-S may limit their production capacities to a maximum of 50%.

The Draft Regulation has now introduced a new provision that requires Banks to provide sufficient capital for exposure to central counterparty institutions. Said counterparty institutions should be located domestically and should operate in line with laws and regulations on the organization of central counterparty institutions for interest-rate derivative transactions and over-the-counter exchange rates

Indonesian citizens who are neither civil servants nor foreign citizens may become licensed spatial planning professionals by securing licenses from the Minister of Agrarian Affairs and Spatial Planning/Head of the National Land Agency through the Director-General of Spatial Planning