Publication
UK Carbon Border Adjustment Mechanism: how will it work?
In February, we reported on the Department of Energy Security and Net Zero’s confirmation that a UK Carbon Border Adjustment Mechanism (CBAM) would be bought into force by 2027
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
In February, we reported on the Department of Energy Security and Net Zero’s confirmation that a UK Carbon Border Adjustment Mechanism (CBAM) would be bought into force by 2027
Publication
International financial markets have started to show significant interest in nature and biodiversity. Whilst climate change and greenhouse gas emissions have made the headlines in recent years, there has been much less focus on their equally important counterparts, nature and biodiversity. However, that has started to change.
Publication
In April 2024, the UK Government published details of its sustainable aviation fuel mandate (the UK SAF Mandate) and launched a consultation on proposals for a revenue certainty mechanism to support UK sustainable aviation fuel (SAF) production.
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