ARMA Updates

  • ARMA UpdatesJanuary 11, 2023

    Governor of DKI Jakarta Regulation Regarding Green Buildings

      The Governor of DKI Jakarta recently promulgated the Governor of DKI Jakarta Regulation Number 60 of 2022 regarding Green Buildings (“GovReg 60/2022“). Through this regulation, it is stipulated that in DKI Jakarta, technical aspects are to be observed in constructing a new building as well as managing a building that currently is being built Read more…

  • ARMA UpdatesDecember 15, 2022

    BAPPEBTI Regulation No. 13 of 2022 as a Method to Further Mitigate Future Risk in Crypto Asset Trading in Indonesia

      On 9 November 2022, the Government of Indonesia officially issued the Badan Pengawas Perdagangan Berjangka Komoditi (“BAPPEBTI”) Regulation Number 13 of 2022 concerning the Amendments of Law No. 8 of 2021 Guidelines for the Implementation of Physical Market of Crypto Assets in Futures Exchange (“BAPPEBTI Reg 13/2022“) in order to further solidify the regulations Read more…

  • ARMA UpdatesDecember 13, 2022

    ESG and Climate Change Update: Sustainable Investment Guideline

      In light with the developing efforts towards reaching net zero emission, the Ministry of Investment/Indonesia Investment Coordinating Board launched the Sustainable Investment Guideline during the G20 event in Bali which was held in November 2022. This guideline is intended to be a reference for business actors, investors, and policymakers regarding sustainable investment which has Read more…

  • ARMA UpdatesDecember 8, 2022

    MoT Reg 28/2022: Obligations for Vessels in Indonesian Port

      Every vessel sailing in Indonesian waters is obliged to obtain a Sailing Approval Letter which is issued by the harbourmaster as stipulated in Article 219 of Law No. 17 of 2008 on Shipping. This regulation delegates further provisions regarding the issuance procedure for the Sailing Approval Letter to the Ministry of Transportation (“MoT”). As Read more…

  • ARMA UpdatesNovember 11, 2022

    Consumer Protection in Financial Service Business: The Prohibition of Using Force in Debt Collecting

      The Corona Virus Disease 2019 (Covid-19) pandemic has brought many impacts and changes to human life. One of the most significant impacts and changes is the delay in business activities which causes the termination of employment relationships of workers in almost all industries. The layoffs causes workers to lose their source of income. Even Read more…

  • ARMA UpdatesNovember 8, 2022

    ESG Update: How Blockchain Technology Contributes to Climate Change Mitigation

      With the recent rise of digital technology, especially the current existence of trading through Blockchain systems, cryptocurrency trading is not the only virtual phenomenon that interests digital market traders. Many global companies have already adopted long-term risk management with the standard of Environmental Social Governance, including the effort to mitigate climate change through carbon Read more…

  • ARMA UpdatesOctober 31, 2022

    ESG Update: Key takeaways of Minister of Environment and Forestry Regulation No. 21 of 2022 on the Guidelines of Carbon Economic Value Implementation

      Last year, the Presidential Regulation No. 98 of 2021 concerning the Implementation of Carbon Economic Value for Achieving Nationally Determined Contribution (“NDC”) Targets and Control of Greenhouse Gas (“GHG”) Emissions in National Development (“PR 98/2021”) was issued, which we have highlighted the critical points of PR 98/2021 in this ARMA Update. PR 98/2021 introduced Read more…

  • ARMA UpdatesOctober 18, 2022

    Electric Vehicles Regulations in Indonesia

      In the spirit of the global environmentally friendly development, Indonesia has made efforts to push the local manufacturing and usage of Electric Vehicles (“EVs”) as well as its supporting infrastructure. To repress emission production and reaching the energy mix target, the Indonesian government has issued several laws and regulations from government and presidential regulations Read more…

  • ARMA UpdatesOctober 3, 2022

    Acceleration of Renewable Energy Development for Electricity Provision

      On 13 September 2022, President of Indonesia enacted Presidential Regulation No. 112 of 2022 concerning the Acceleration of Renewable Energy Development for Electric Supply (“PR 112/2022). PR 112/2022 was made based on two main deliberation which are to accelerate the usage of renewable energy as an energy source as well as reducing greenhouse gas Read more…

  • ARMA UpdatesSeptember 29, 2022

    Introductory to Indonesia’s Newly Enacted Personal Data Protection Law

      After an extensive absence of a comprehensive regulation concerning personal data, at long last, the People’s Representative Council of the Republic of Indonesia (Dewan Perwakilan Rakyat) passed the long-awaited personal data bill (“PDP Bill”) on 20 September 2022. After the legislative process of the PDP Bill, the President will sign and enact PDP Bill Read more…


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