Publication
“AI and sustainability - cure or curse?”
While AI can help resolve data issues in sustainable investing, it can create problems such as information breaches and inherent bias in data.
Indonesia | Publication | April 2021
On 2 February 2021, the Indonesian Government issued Presidential Regulation No. 10 of 2021 on Investment Business Lines (Presidential Regulation 10/2021) as one of the implementing regulations of Law No.11 of 2020 on Job Creation (Omnibus Law).
Prior to Presidential Regulation 10/2021, business fields in Indonesia’s investment activities are classified into three: (a) business fields open for investment, (b) business fields closed for investment and (c) business fields open with conditions. Under Presidential Regulation 10/2021, all business fields in Indonesia’s investment activities are open for investment unless the business fields are closed under the Omnibus Law or business fields, which are limited to Indonesian Government.
There are several key provisions of Presidential Regulation 10/2021:
Many business sectors that were previously restricted are now presumably open to 100% foreign investment. We set out below some examples of the lifting of restrictions in certain sectors.
Presidential Regulation 10/2021 is still fairly new policy and regulation, closer observation on how Presidential Regulation 10/2021 is implemented in practice is still needed. For further clarity, we would be happy to advise investors on regulatory landscape and specific requirement as well as practical advice with regard to implementation of Presidential Regulation 10/2021.
Publication
While AI can help resolve data issues in sustainable investing, it can create problems such as information breaches and inherent bias in data.
Publication
In this edition of Regulation Around the World we review recent steps that financial services regulatory authorities have taken as regards investment research.
Publication
We have had a new pension tax regime since April 6, 2024. The underlying legislation is convoluted and almost impossible for a lay person to follow, so you would be forgiven for thinking there was a lot to study. At the very granular level that is true, and your scheme administrators will have a lot of detailed changes to make to systems. However if you zoom out a bit, in many ways life hasn’t changed. We’ve done the poring over densely amended tax legislation for you. Here are the highlights: five things to know and three things to do.
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