BUS and UUS are prohibited from engaging in any of the following types of Transactions: 1) Transfers of rupiah to foreign countries; 2) Foreign-currency, non-deliverable, forward Transactions against the rupiah in foreign countries; 3) Granting of overdrafts (cerukan) and credit and/or financing for Transactions that are undertaken against the rupiah; 4) Granting of overdrafts and credit and/or financing in rupiah or other foreign currencies to any non-residents; 5) Purchases of securities in rupiah that are issued by non-residents; and 6) Engaging in rupiah investments in non-residents
The criteria that must be met by construction work service providers in order for them to be appointed as providers of repeat orders include providers that have secured the following assessments from Commitment Making Officials (PPK) in relation to Previous Works that they have carried out: 1) Good or excellent, for construction works that small- and medium-scale businesses are aiming to qualify for; or 2) Excellent, for construction works that large-scale businesses are aiming to qualify for
Legal entities that have secured certain permits to undertake the processing, multiplication, differentiation and storage of cell-based products and human tissues that are to be used for the provision of healthcare services and clinical testing should apply guidelines on good drug manufacturing practices (CPOB) whenever engaging in the manufacture of said products
In general, this Regulation addresses various provisions that relate to the certification and licensing of business actors operating within the construction services subsector. Said certification encompasses the following: 1) Certification of Construction Service Business Units; and 2) Competence Certification for Construction Works
A total of 383 crypto assets are now listed as tradable through the physical market for crypto assets. Previously, only 229 types of crypto assets were listed. Thus, a total of 154 new additions have been made to the official list of tradable crypto assets
Commercial banks are subject to various obligations that relate to different activities that involve the organization of IT within their institutions. Said banks obligations are divided into different areas, specifically: IT management, IT architecture, risk management, cyber defense and security, data processing and personal data protection
The following parties are required to draw up and determine annual Forest Rehabilitation Plans (RTnRH) one year prior to the implementation of their forest and land rehabilitation (RHL) activities: 1) Holders of the Right to Manage; 2) Holders of business licensing documents for the utilization of forests; 3) Holders of approvals for the use of forest areas; and 4) Holders of approvals for the release of forest areas
Notaries/PPAT that can be appointed by taxpayers in order to submit online applications for formal examinations must have registered with: 1) The Ministry of Law and Human Rights; and/or the Ministry of Agrarian Affairs and Spatial Planning/National Land Agency; and 2) The Directorate-General of Taxes
This new regulation sets out different management stages for nuclear reactors, both for power reactors and non-power reactors. Said Management should be carried out in the following stages: 1) Design; 2) Construction; 3) Commissioning; 4) Operation; and 5) Decommissioning
Calculations of TKDN value should be completed based on the accumulation of domestic components (Komponen Dalam Negeri) which represent the relevant production costs that are incurred during the production of one single product unit. Said production costs encompass: 1) Manufacturing aspect with a weight of 80% of the relevant TKDN value; and 2) Development aspect with a weight of 20% of the relevant TKDN value