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Indonesia is the world\u2019s most complex jurisdiction for corporate compliance, according to a new report by our members, global professional services firm TMF Group. <\/strong><\/p>\n \u2018Rules and regulations: Managing the evolving compliance landscape facing multinationals\u2019 ranks 77 jurisdictions by the complexity of legislation, regulations, rules and the penalties they prescribe. It found Indonesia\u2019s regulatory environment to be the most complex, followed by Nicaragua, the United Arab Emirates, Brazil and Qatar. By contrast, Curacao, Israel, the USA, El Salvador and Jamaica were seen as the least complex, with all of them having legislative environments that encourage foreign direct investments.<\/p>\n The report found that the burden of legislation governing transparency and ownership disclosure is steadily growing. Examples include:<\/p>\n