Launching of Electronic-Based Intellectual Property Services in Indonesia The Ministry of Law and Human Rights officially launched electronic- based intellectual property providers on 29th December 2016. The electronic submitting system enables IP consultants to file applications at any time on-line without being constrained by the limited opening hours of the Intellectual Property Office. Insurance Companies Must Follow Requirement on Ultimate Shareholders The Indonesian Insurance Law launched a significant change regarding the shareholding composition of insurance firms. The Insurance Law mandates that the local shareholders in an insurance coverage firm have to be ultimately owned by Indonesian people. ESDM Regulation 42 and Oil and Gas Companies On 14th July 2017, the Minister of Energy and Mineral Resources published Regulation No. 42 of 2017 (Reg. 42). The share transfer/change in control and alter of director provisions of Reg.
Indonesia Omnibus Law – Changes to the Shipping Law Hint at Smoother Sailing for …