Regional Round-Up: Indonesia Q4 2023 (Year in Review Edition)

Looking Back: 2023 and Gazing Into: 2024

Looking Back: 2023

In 2023, Indonesia underwent significant financial regulatory changes to enhance market transparency and investor protection. The Indonesia Stock Exchange (“IDX“) introduced a Watchlist Board to monitor companies with unusual market activities, and launched Indonesia’s carbon exchange, governed by the Financial Services Authority (“OJK“). Simultaneously, the BUMN Omnibus Regulations reshaped corporate governance for State-Owned Enterprises (“SOE“), with a focus on transparency and efficiency. 

Gazing Into: 2024

In 2024, significant legal and regulatory developmets are expected in three key sectors, namely, renewal energy, electric vehicle and digital data economy (in particular with regard to Artificial Intelligence (“AI“).

Full Report

Click on the link below for the full report which provides summaries of the key legal developments related to the above areas.

Please note that whilst the information in this Update is correct to the best of our knowledge and belief at the time of writing, it is only intended to provide a general guide to the subject matter and should not be treated as a substitute for specific professional advice

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