How does the Job Creation Law Affect the Banking Law?

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We continue our bite-sized discussion on Law No. 11 year 2020 regarding Job Creation (“Job Creation Law”) which Indonesian Government had approved some time ago. This time, we focus our discussion on the amendments made to the Indonesian Banking Law.

Today’s #BILLawFact outlines how the Job Creation Law affects Indonesian banking sector. Although the changes are mostly minor, the provision has provided legal certainty to the business.

Stay tuned for more updates on Job Creation Law in Indonesia! If you have questions regarding that issue you can email us at cr@budidjaja.law.

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