On April 6, 2015, Judge Zuhairi of the South Jakarta District Court aborted the pretrial petition filed by Nuri Ratnasari related to the issuance of SP3 (Warrant of Termination of Investigation) in the case of alleged default by PT Asuransi Jiwasraya (Persero). The Judge declared SP3 Number: SPPP/566/VI/2014 dated June 26, 2014 lawful.

The Ministry of Finance has decided to delay the implementation of the Regulation of Director General of Taxation (Perdirjen) No. PER-01/PJ/2015 on the Amendment to the Perdirjen No. PER -53/PJ/2009 that regulates Withholding Tax. The Vice Minister of Finance Mardiasmo, in his capacity as the then acting Director General of Tax, published said Perdirjen on January 26, 2015 requiring banks to submit evidence of Income Tax (PPh) payment on deposit interest and customer savings in detail. The regulation was meant to come into force starting March 1, 2015 but it is now postponed indefinitely.

The process for the graft case of the Police Commissioner General Budi Gunawan continues. The Attorney General Office (AGO) recently delegated the inquisition of the case to the Police Criminal Investigation Agency (Bareskrim). The AGO had since argued that they had to delegate the case to the Bareskrim Polri because the case document—the one that the Corruption Eradication Commission (KPK) handed over to the AGO—was supposedly incomplete, thus mandating further investigation.

Seeking pre-trial has become somewhat of a fad ever since Judge Sarpin Rizaldi of the South Jakarta District Court accepted the pre-trial petition of the former Police Commissioner General Budi Gunawan on February 16, 2015. Budi Gunawan’s successful attempt at revoking his graft suspect status inspired others of similar fate.

The Constitutional Court through decision No. 85/PUU-XI/2013 granted the Judicial Review on Law No. 7/2004 on Water Resources. The PP Muhammadiyah, the central leadership of the second largest Islamic organization in Indonesia, is one of the eleven judicial review applicants. Of the eleven application, MK declined the request of Applicant III, namely the Solidarity of Parking Attendants, Street Vendors, Employers, and Employees (SOJUPEK).

Life insurance company PT. Asuransi Jiwa Bumi Asih Jaya (AJBAJ) has filed for debt restructuring or Suspension of Debts Payment (Penundaan Kewajiban Pembayaran Utang – PKPU). The request was filed in response to other lawsuit filed by the Financial Services Authority (Otoritas Jasa Keuangan – OJK), which aims to legalize the bankruptcy of AJBAJ. The OJK, acting on behalf of the customers of AJBAJ, seeks to bankrupt the life insurance company in relation to its Rp80.5 billion debt.

The Bank Indonesia Regulation (Peraturan Bank Indonesia – PBI) No. 17/3/PBI/2015 on Mandatory Rupiah Transaction in the Territory of the Republic of Indonesia is a follow-up to the Law on Bank Indonesia (BI) and the obligation to use the Rupiah as stipulated in Law No. 7/2011 on Currency. The mandatory Rupiah policy applies to both cash and noncash transactions. The new policy also requires prices of goods and services in Indonesia to be specified only in Rupiah.