Publication
Pride Month 2023
Over one third of LGBTIQ+ people feel they need to hide who they are at work, and a fifth feel that being LGBTIQ+ limits their job opportunities, according to a recent Stonewall survey.
Indonesia introduces new regulations to streamline infrastructure developments
Author:
Indonesia | Publication | June 2020
The Government of Indonesia is taking steps to improve the implementation of PPP schemes. Regulatory updates1 include the expansion of the types of infrastructure and scope of projects that can be procured through PPP schemes.
In the transportation sector, the PPP regulations now include terminal facilities, transit-oriented development and testing and measurement of motor vehicles projects. Other sectors now covered by the PPP regulations include non-toll bridges, operational and maintenance technologies for drinking-water provision systems, toxic and hazardous waste management systems and, interestingly, state buildings (office buildings, state housing and other facilities).
In addition, in conjunction with the development of infrastructure, an additional regulation2 provides further detail on construction services that are considered necessary for the procurement of high-quality infrastructure.
For further information please contact Tasdikiah Siregar and Benny Bernarto.
Footnotes
1
Regulation of the Minister of National Development Planning/Head of the National Development Planning Agency No. 2 of 2020 on the Amendment to Regulation of the Minister No. 4 of 2015 on Procedures for the Implementation of Public-Private-Partnership Schemes in the Procurement of Infrastructure (Regulation 2/2020).
2
Regulation of the Government No. 22 of 2020 on the Implementing Regulation to Law No. 2 of 2017 on Construction Services (Regulation 22/2020).
Recent publications
Publication
FRC 3-Year Plan: What it means for supervisory intervention and enforcement
Compliance with the rules is often more difficult in periods of economic volatility giving rise to scenarios in which careful judgement and good governance is required. These are also the conditions in which regulators may apply greater scrutiny to the regulated and in which formal enquiries and investigations are more likely to arise.
Publication
Internal frameworks and reporting
Inadequate governance is regularly cited by regulators as a factor which has contributed to the failings of firms. From small firms to international global organisations, governance is worth investing in with a view to avoiding common pitfalls and wider issues.
Subscribe and stay up to date with the latest legal news, information and events . . .