A website provider shall be held liable for the information it provides online if that information is found to be false. The website provider can avoid such liability if it can prove that its system is user generated. To exclude liability, the website provider should inform users that they are accessing a user-generated platform and … E-commerce in Indonesia – Online Publishing
Peer-to-peer lending is specifically regulated in Indonesia under Financial Services Authority (OJK) Regulation No. 77/POJK.01/2016 regarding Information Technology-Based Money Lending Services, dated 29 December 2016. It provides the OJK the right to regulate and supervise peer-to-peer lending activities, including handling the registration and licensing of peer-to-peer lending platform providers. Peer-to-peer lending in Indonesia is described … Fintech in Indonesia – P2P Lending and Crowdfunding
There are various types of land title in Indonesia, and not all of them can be acquired by foreign entities and individuals, even if such foreign individuals reside in Indonesia or the foreign entities have a presence or do business in Indonesia. Below are the types of land title and the parties who are permitted … Real Estate in Indonesia – Foreign Owners and Tenants
Following the issuance of Law No. 11 of 2020 on Job Creation (“Omnibus Law“), the Government of Indonesia has released the long-awaited new Investment List, under Presidential Regulation No. 10 of 2021 regarding Investment Sectors (“New Investment List“). The stated aim of the New Investment List is to boost foreign investment in Indonesia. It came … Indonesia’s New Investment List – Healthcare Sector
In Indonesia, Ministry of Communication and Information (MOCI) Regulation No. 20 of 2016 on the Protection of Private Data in Electronic Systems (the Data Privacy Regulation) defines personal data as certain individual data, the authenticity of which is verified, sustained and maintained while its confidentiality remains protected. Any personal data may only be utilized within … E-commerce in Indonesia – Data Protection and Privacy
(March 15, 2021) As a continuation of the Indonesian Government\'s stated goal to make Indonesia more investment friendly through the enactment of Law No. 11 of 2020 regarding Job Creation, a new Government Regulation (\"GR‚Äù) was issued and came into force on February 2, 2021. The new regulation is GR No. 48 of 2021 regarding … New Immigration Regulation Promises More Ease and Clarity for Foreigners in Indonesia
In Indonesia, land is legally acquired upon the execution of a Sale Purchase Deed (AJB) by the seller and buyer, or a Land Relinquishment Deed (APH) in favor of the buyer. An AJB is used if the buyer wishes to acquire certificated title to the land of the same type as the seller\’s certificated title. … Real Estate in Indonesia – Registration and Recording
A new Government Regulation set to come into force on April 1, 2021, will introduce several changes that we view are meant to simplify the process for hiring expatriate workers in Indonesia and in turn attract greater investment into the country. The new regulation is Government Regulation No. 34 of 2021 regarding the Utilization of … New Regulation Looks to Ease Process of Hiring Foreign Workers in Indonesia
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. In this edition, experts from around Asia flag and comment on employment law developments during the fourth quarter of 2020 and highlight some of the major legislative, consultative, policy and … Employment Law Quarterly Update for Indonesia and Asia
Consumer lending is regulated in Indonesia, with a particular focus on information technology-based money lending services (peer-to-peer lending), as regulated under Financial Services Authority (OJK) Regulation No. 77/POJK.01/2016 regarding Information Technology-Based Money Lending Services, dated 29 December 2016. The OJK has the authority to regulate, register and issue licenses, as well as supervise the fintech … Fintech in Indonesia – Consumer Lending
