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Information & Update

Disputes associated to real estate are handled in a similar method as some other dispute in Indonesia. Guide to Benefits in Indonesia In 2011, the Indonesian authorities reformed its National Social Security System and passed Law No. 24 on the Social Security Organising Body to assist meet the basic wants of the country’s inhabitants. Companies in Indonesia are required to register employees in the Indonesian government’s employment social security programmes. The Development of Personal Data Protection in Indonesia After months of drafting and deliberation, Indonesia’s Ministry of Communication and Informatics (“MOCI”) in late 2016 issued a long-awaited regulation on the protection of private knowledge. Data Categorization for Electronic System Operators Providing Public Services The MOCI has issued a draft modification to Government Regulation No. 82 of 2012 which requires digital system operators offering public providers to have onshore information centers and catastrophe restoration facilities.

Legal Update

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Can Blockchain Become The Necessary Thing To Esg Compliance?

New Implementing Regulation on Personal Data Protection The Minister of Communication and Informatics has issued Regulation No. 20 of 2016 on Personal Data Protection in Electronic Systems which grew to become effective on 1st December 2016. The regulation supplies new measures to the current private data safety provisions in Indonesia. Tax for E-Commerce Trade to be Set in April The government lately issued a guideline to impose taxes on online transactions accomplished through e-commerce platforms/businesses following the newly issued regulation on taxation for e-commerce commerce. Life sciences weblog Latest legal updates and policy choices affecting the sector. This version covers, amongst other matters, the Law of 27 May 2016 on the legal publication regime relevant to industrial corporations and associations, the modernisation of the Luxembourg company regulation and the Law of 10 May 2016 implementing UCITS V. This course will present a abstract of the legal framework and potential finest practices in returning workers to the workplace and recruiting in 2022 as a outcome of the ongoing coronavirus pandemic.

  • N°6624 of four October 2013 on the reform of the businesses and associations’ legal publication guidelines, Bill N°6624 of 4 October 2013 on the lock-up mechanism of bearer shares and units and essential case law on Article one hundred of the Companies Law.
  • This new legislation will considerably impact businesses that deal with private data.
  • If author/s refuses to make corrections as instructed by reviewers, manuscript is rejected for publication.
  • The new rule provides new necessities for listing on the IDX and clarifies several objects that aren’t clearly regulated under the old rule.

The new rule provides new requirements for itemizing on the IDX and clarifies several objects that aren’t clearly regulated underneath the old rule. New Developments in Indonesian Immigration Policy On September 11, 2020, the Indonesian Government enacted a new regulation that introduces several adjustments to the immigration regime that affect foreigners, Indonesians and the procurement of journey paperwork. Register for My M&R to remain up-to-date with legal information and events, create brochures and bookmark pages. General resources Brexit Articles from legal specialists on the process and influence of Brexit. Food and agribusiness blog Legal insights into the food and agribusiness sector. Construction and engineering weblog Legal insights into the construction and engineering sector.

Financial Planners And Monetary Advisers Get Three Month Extension For Cpd Necessities Due To Covid

Downsizing in Indonesia There has been considerable confusion about whether or not employers in Indonesia are allowed to downsize part of their workforce for effectivity causes. Law No. thirteen of 2003 concerning Employment allows a company to terminate employees when closing the company for efficiency reasons. Key Features of the Draft New Law on the Supervision of Food and Drugs The Indonesian government is presently discussing the Draft Law on Food and Drugs Supervision, which incorporates a total of 105 Articles setting out a comprehensive association of provisions associated to the supervision of meals and drugs.

The authorities took the primary steps on this path with Minister of Energy and Mineral Resources Regulation No. 27 of 2013. Indonesia, ASEAN and Investment – A Q&A With increased curiosity in Indonesia and the upcoming completion of the ASEAN Economic Community, foreign buyers are looking for a means to do business in Indonesia. SSEK discusses the revised Negative Investment List, the impact of the ASEAN Free Trade Area on Indonesia and Bilateral Investment Treaties.

New Negative Investment List Introduces Changes to Health Investment in Indonesia The Indonesian Government has launched the long-awaited New Negative Investment List, issued under Presidential Regulation No. 39 of 2014. Among the most important adjustments from earlier laws is an increase in most overseas ownership ranges in several key industries, including the health sector. OJK Revokes Stimulus Package for Insurance Companies and Pension Funds On 31st August 2015, the Financial Services Authority issued several circular letters as a stimulus coverage bundle to minimise the detrimental results of unstable international financial conditions on the insurance and pension fund enterprise sector. Data Protection in Indonesia There are various legal guidelines that relate to information privateness in a number of specific areas though there is no complete knowledge protection legislation in Indonesia. Indonesian legal scholars usually discuss with Article 28 of the 1945 Constitution as the premise for more particular knowledge privateness legislation. Government to Approve Corporate Actions in the Indonesian Energy Sector The Indonesian Minister of Energy and Mineral Resources (“MEMR”) has issued MEMR Regulation No. forty two of 2017 which goals to enhance the supervision of enterprise entities within the energy and mineral sources sector partially by closing regulatory gaps.

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