indonesia-regulatory-update-may2017 - KPMG | ID
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Indonesia Regulatory Update - May 2017

Indonesia Regulatory Update - May 2017

KPMG Indonesia is pleased to announce the release of “Indonesia Regulatory Update – May 2017”.


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This publication sets out to highlight at summary level, some of the key current regulatory changes in Indonesia. These important changes have implications for industry, covering a wide range of industries and within these, specific and complex business processes.

Regulatory updates covered in this publication are as follows:

  • New Licensing Provisions for Oil-and-Gas Business Activity
  • New Licensing Provisions for Coal and Mining Industry
  • Regulation on Carrying Foreign Banknotes Across Indonesia Customs Area (Incoming and Outgoing)
  • Information-Technology Governance and Risk Management for Information-Technology-Based Credit Services
  • The Use of Book Value for The Transfer of Assets in The Context of Business Merger, Consolidation or Expansion 
  • Financial Information Access for Tax Purposes


They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation.

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