Singapore court’s cryptocurrency decision
Implications for cryptocurrency trading, smart contracts and AI
Global asset management quarterly
Issue 07
Publication | October 2017
Welcome to the seventh edition of Global asset management quarterly. This publication highlights key developments that will be of interest to and affect our asset management clients, including market trends and developments in tax and buy-side regulation globally.
In this issue:
Recent publications
Indonesia relaxed rules on professions open for foreign workers
Decree No. 228 of 2019 (Decree 228/2019) came into effect on 27 August 2019, which simplifies and revokes previous decrees of the Ministry of Employment (MoE) to widen the type of job titles allowed for foreign professionals to work in Indonesia.
Indonesia’s Investment Coordinating Board revises divestment requirements
The Indonesian Investment Coordinating Board (BKPM) enacted BKPM Regulation 5/2019 to amend last year’s implementing regulation on guidelines and procedures for licensing and facilities under Indonesia’s foreign direct investment (FDI). The new regulation particularly includes requirements on divestment obligations for foreign direct investment companies.
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