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In Brief: Corporate Criminal Liability under Indonesia’s New Criminal Code and Criminal Procedure Code

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

Ultimate Beneficial Owner under the Minister of Law Regulation Number 2 of 2025 on Verification and Supervision of Corporate Beneficial Owners

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