This new regulation introduces new talent management and succession management processes for the appointment of members of boards of directors at BUMN
Parties that organize any of the activities which fall under the supervision of BI (particularly payment system organizers, money service activity organizers, money market and foreign exchange market players and other parties that are regulated and supervised by BI) are required to implement the BI consumer protection principles
If an objection is filed through electronic case administration via the court information system, then the process of issuing summonses and trial notifications, as well as the rendering and submission (penyampaian) of decisions, will be conducted electronically. These processes do not require any prior approval to be secured from the KPPU
BI may only issue an L/C if the relevant PKPBJ, loan agreement, grant agreement and/or written agreement between BI and the Ministry states that the payment will be completed through the issuance of an L/C
Certain vehicles (as defined under Regulation of the Government No. 73 of 2019 on Taxable Goods Classified as Luxury Goods in the Form of Motor Vehicles Subject to Luxury Goods Sales Tax and its amendment) which are produced or imported for use in Indonesia must first undergo CO2 emissions testing and fuel consumption testing, which is to be carried out in relation to all type of vehicles
In order to become a customer, a party must first meet certain criteria and must submit an application to BI (through the BIs Front Office for Licensing) via the BI licensing app. Meanwhile, in order to be able to use the BI Service App, a customer must obtain approval from BI for the use of the app by meeting the following requirements: 1) Must be domiciled within Indonesia; 2) Must own a data communications network, as set by BI; and 3) Must utilize a security facility, as set by BI
On-board monitoring of activities that involve fish capture vessels can be carried out through the following two types of mechanisms: 1) Placement of on-board monitoring officers; and 2) Placement of e-monitoring devices. Monitoring itself should be conducted by on-board monitoring officers who possess certain competencies and who are appointed by the government
Applications for visitor visas and limited-stay visas must be submitted by guarantors to the Director-General of Immigration electronically based on the types of activities that foreign citizens will undertake in accordance with applicable laws and regulations. Submitted applications must be accompanied with various required documents (e.g. evidence of full COVID-19 vaccination)
SIPENDAR contains general, special and specific information, while said information may only be accessed and exchanged by information users through the SIPENDAR application itself. Moreover, specific information can only be accessed by certain stakeholders through the filing of requests with the PPATK
Mining Business Licenses (Izin Usaha Pertambangan/IUP) may be handed over to other parties based on approvals issued by the Minister of Energy and Mineral Resources