Blog Category: Legal Updates

Extraterritorial Scope of GDPR and Its Implications for Companies in Indonesia

|

The intention behind the issuance of the General Data Protection Regulation (GDPR) is commendable: to standardize and simplify data protection legislation across all European Union countries, so that both EU citizens and businesses (involving EU citizens) can benefit and thrive in our borderless digital era. The aim of the GDPR is to give EU citizens … Extraterritorial Scope of GDPR and Its Implications for Companies in Indonesia

Implications of Foreign Ownership of Indonesian Companies

|

This article was prepared by SSEK Legal Consultants and RHTLaw Taylor Wessing Indonesian investment law makes a clear distinction between locally-owned companies and foreign-owned companies. There is also a negative list (commonly referred to as the \"DNI‚Äù in Indonesian) which regulates the specific sectors that are open and closed to foreign investment. The DNI also … Implications of Foreign Ownership of Indonesian Companies

Indonesian Investment Stimulus – DNI Revision, New Business Sectors Opened to Foreign Capital

|

In an effort to stimulate investment in Indonesia, the government announced on Friday, November 16, 2018, that it had launched the 16th Economic Policy Package, with the primary objective of relaxing investment-related regulations. There are three key points to this latest economic package: (i) the revision of the Negative Investment List (Daftar Negatif Investasi or … Indonesian Investment Stimulus – DNI Revision, New Business Sectors Opened to Foreign Capital

Indonesia Issues Regulation to Prioritize the Domestic Use of Crude Oil

|

The Indonesian Minister of Energy and Mineral Resources has issued Regulation No. 42 of 2018 regarding the Prioritization of the Use of Crude Oil for the Fulfilment of Domestic Demand (MEMR Reg 42/2018), which came into effect on September 6, 2018. MEMR Reg 42/2018 was issued in response to the order by Indonesian President Joko … Indonesia Issues Regulation to Prioritize the Domestic Use of Crude Oil

PTs in Indonesia Told to Adjust Business Line Classifications

|

The Indonesian Ministry of Law and Human Rights (“MOLHR”) and the Coordinating Ministry for Economic Affairs (“CMEA”) issued a joint announcement on October 11, 2018, which was published on the website of the Online Single Submission (“OSS”) system. According to the announcement, limited liability companies (Perseroan Terbatas or “PTs”) that were established or expanded their … PTs in Indonesia Told to Adjust Business Line Classifications

Data Protection in Indonesia: Processing Requirements

|

There are several main obligations that must be fulfilled by an electronic system provider (ESP) under Indonesian Minister of Communication and Informatics (MOCI) Regulation No. 20 of 2016 regarding Personal Data Protection in Electronic Systems (MOCI Regulation 20) to ensure personal data is processed properly. These obligations include:   Conducting certification of the electronic system … Data Protection in Indonesia: Processing Requirements

Data Privacy by Sector in Indonesia

|

There are laws in a number of specific areas in Indonesia that deal indirectly with data privacy. These include: Employment There is no specific stipulation in Indonesian employment laws on the protection of personal data of employees. It would normally be considered sufficient for employers in Indonesia to regulate the protection of the personal data … Data Privacy by Sector in Indonesia

Data Protection in Indonesia – Security Requirements

|

An electronic system provider (ESP) in Indonesia must maintain the correctness, validity, confidentiality, accuracy, relevance and compatibility with the purpose of the acquisition, collection, processing, analysis, retention, display, publication, transmission, dissemination and destruction of personal data. Additionally, an ESP must also carry out certification of its electronic system to ensure it is in accordance with … Data Protection in Indonesia – Security Requirements