Bank Indonesia (“BI“) has officially issued BI Regulation Number 10 of 2025 on the Regulation of the Payment System Industry (“PBI 10/2025“). As a derivative of the Indonesia Payment System Blueprint 2030 (“BSPI 2030”), this regulation is designed to strengthen… Read More »New Face of Indonesia’s Payment Industry
Indonesia has recently introduced a significant recalibration of its trade governance framework through Government Regulation of the Republic of Indonesia No. 3 of 2026 on the Administration of the Trade Sector (“GR 3/2026”). This regulation amends the long‑standing regime under… Read More »Indonesia Reshapes Its Trade Governance: Highlights of Government Regulation No. 3 of 2026
Indonesia has reformed its Criminal Code through Law Number 1 of 2023 (“KUHP”), which came into force on 2 January 2026, and its Criminal Procedure Code through Law Number 20 of 2025 (“KUHAP”), which entered into force on the same… Read More »In Brief: Corporate Criminal Liability under Indonesia’s New Criminal Code and Criminal Procedure Code
The enactment of Law Number 16 of 2025 on the Fourth Amendment to Law Number 19 of 2003 concerning State-Owned Enterprises (SOE) (“Law No. 16 of 2025”) marks a paradigm shift regarding criminal liability for the Board of Directors, Board… Read More »Corporate Governance and Criminal Liability under the Law No. 16 of 2025
The Indonesian judicial system provides two forms of public-interest litigation: class actions and citizen lawsuits. The key distinctions between class actions and citizen lawsuits are as follows: A. Class Action Under Article 1 (a) of the Supreme Court Regulation Number… Read More »Filing a Class Action/Citizen Lawsuit in Indonesia
Execution in Indonesia generally defined as the act of carrying out a final and binding verdict and is willingly adhered to by the parties involved. During the execution phase, the losing party becomes the one subject to enforcement. In practice,… Read More »Legal Recourse Contesting Civil Case Execution in Indonesia
We are honored to share that RBP Asia has been named Best New Law Firm 2025 by the Asia Business Law Journal (see Top Law Firms in Indonesia 2025 | Law Firm of the Year | Law.asia) This recognition is… Read More »RBP Asia Named Best New Law Firm 2025
The obligation to disclose the identity of the Ultimate Beneficial Owner (the “UBO”) has emerged as a key standard in preventing the misuse of legal entities for money laundering (“ML”), terrorist financing (“TF”), and corruption act. Although widely adopted, the… Read More »Ultimate Beneficial Owner under the Minister of Law Regulation Number 2 of 2025 on Verification and Supervision of Corporate Beneficial Owners
