Presidential Regulation No. 20 of 2018 regarding Utilization of Foreign Workers was issued on 29 March 2018, which enters into force on 29 June 2018 (“PR 20/2018”) and subsequently revokes the Presidential Regulation No. 72 of 2014 regarding Utilization of Foreign Workers and the Implementation of Education and Training for Assistant Employees (“PR 72/2014”). The…

General Overview In order to cover previously unregulated information technology-based services, on August 15, 2018, OJK issued the OJK Regulation No. 13/POJK.02/2018 on Digital Financial Innovation (Inovasi Keuangan Digital – “IKD”). IKD is defined as business process update activity, business model, and financial instruments that provide newly added value in the financial services sector by…