SSEK Legal Consultants has contributed the Indonesia section of the new Asia Employment Law: Quarterly Review of employment law developments across 15 jurisdictions in Asia. Experts from around Asia flag and comment on employment law developments during the second quarter of 2021 and highlight some of the major legislative, consultative, policy and case law changes … Employment Law Update for Indonesia and Asia ‚Äì Q2 2021
SSEK Legal Consultants has contributed the Indonesia chapter to ICLG Shipping Laws and Regulations 2021. The guide covers common issues in shipping laws and regulations in more than 40 jurisdictions. Topics covered include marine casualty, cargo claims, passenger claims, arrest and security. Find the Indonesia chapter of ICLG Shipping Laws and Regulations 2021 here. International … Guide to Shipping Law in Indonesia
Indonesia, together with other countries, has submitted to the United Nations Framework Convention on Climate Change (UNFCCC) its post-2020 climate pledges to reduce global emissions, known as intended nationally determined contributions. Indonesia has signed the Paris Agreement and ratified it through Law No. 16 of 2016. Following this action, Indonesia submitted its nationally determined contributions … Putting a Price on Emissions: Indonesian Government Plans to Impose Carbon Tax
The Indonesian Civil Code (ICC), as the regulatory foundation for contracts, does not regulate pre-contract documents, such as letter of intent, memorandum of understanding, term sheet or other non-binding agreements, although these are customary to be entered into by the transacting parties prior to executing a binding contract. Before signing a contract as part of … Real Estate in Indonesia – Pre-Contract
The Indonesian Business Competition Supervisory Commission (Komisi Pengawas Persaingan Usaha or “KPPU“) issued a regulation at the end of May 2021 on the enforcement of fines for monopolistic practices and unfair business competition. KPPU Regulation No. 2 of 2021 (“Regulation No. 2“) aims to provide certainty in the enforcement of administrative fines regulated under Government … Indonesia’s Business Competition Body Issues New Regulation on Enforcement of Fines
Presently, there is no specific law or regulation in Indonesia that addresses the use of artificial intelligence, including robo-advice. However, artificial intelligence is mentioned in Financial Services Authority (OJK) Regulation No. 13/POJK.02/2018, dated 16 August 2018, regarding Digital Financial Innovation in the Financial Services Sector as one of the examples of digital financial innovation in … Fintech in Indonesia – AI and Distributed Ledger Technology
SSEK partner Fransiscus Rodyanto and Aldilla S. Suwana, an associate at the firm, have contributed an article to Coal & Minerals Asia magazine. The article looks at the planned carbon tax in Indonesia and how it might affect business. You can find the article here. Coal & Minerals Asia is published by Petromindo, a leading … SSEK Discusses Planned Carbon Tax in Indonesia
Under Indonesian law, cross-border sales of natural gas can only be conducted if (i) the domestic need for natural gas has been fulfilled, (ii) there is insufficient domestic infrastructure, or (iii) domestic purchasing power is insufficient to satisfy the relevant gas field’s economics. Pursuant to Ministry of Energy and Mineral Resources (MEMR) Regulation No. 6 … Indonesia Oil & Gas Regulation – Import/Export of Natural Gas
Expropriation in Indonesia is usually enforced on the basis of land procurement for the public interest. Public interest is defined by Law No. 2 of 2012 Regarding Procurement of Land for Development in the Public Interest (14 January 2012) as the interest of the nation, state and society that shall be implemented by the government … Real Estate in Indonesia – Government Appropriation of Real Estate
In Indonesia, loan agreements in a peer-to-peer lending platform are acknowledged and regulated. Based on Financial Services Authority (OJK) Regulation No. 77/POJK.01/2016 regarding Information Technology-Based Money Lending Services, dated 29 December 2016, there are two agreements in a peer-to-peer lending scheme: an agreement between the provider of the peer-to-peer lending service (the provider of … Fintech in Indonesia – P2P and Marketplace Lending
