SSEK Indonesian Legal Consultants has been ranked Band 1 in the new Chambers FinTech Guide to the leading fintech law firms in the world. SSEK was one of only two law firms in Indonesia to be ranked in Band 1. You can see the full rankings for Indonesia here. According to Chambers, SSEK\'s fintech team … SSEK Ranked Band 1 for Indonesia in Chambers FinTech 2021 Guide
The principal law governing data protection in Indonesia is Law No. 11 of 2008 regarding Electronic Information and Transactions, as amended by Law No. 19 of 2016 (“Electronic Information Law“). In addition to the Electronic Information Law, rules governing personal data protection are also found in Government Regulation No. 71 of 2019 regarding the Implementation … Indonesia Data Protection Laws and Regulations – Processing Personal Data
Registration of a domain name in Indonesia is administered on a first-come, first-served basis. The process, which is straightforward, is initiated by the domain name user submitting an application along with the required supporting documents to the domain name registrar. The domain name registration process shall not take more than five business days after a … E-commerce in Indonesia – Domain Names
Indonesia’s closely watched omnibus jobs creation bill became law on November 2. The stated aim of Law No. 11 Year 2020 on Jobs Creation (the “Omnibus Law“) is to bolster investment and create jobs by streamlining regulations and simplifying the licensing process from the ministries to the central government to improve the ease of doing … Indonesia Omnibus Law – Impact on Postal, Telecom and Broadcasting Sectors
By regulation, an electronic system provider in Indonesia is obligated to guarantee the security of the software used to facilitate and administer the electronic system services, as well as to assure that an information security agreement is available. In practice, an electronic system provider is required to establish a security system that has a system … E-commerce in Indonesia – Security
SSEK partner Denny Rahmansyah contributed the Indonesia chapter to the International Comparative Legal Guide to: Data Protection Laws and Regulations 2020. The guide covers common issues including relevant legislation and competent authorities, territorial scope, key principles, individual rights, registration formalities, appointment of a data protection officer and of processors.
SSEK partner Dewi Savitri Reni and senior associate Mahareksha S. Dillon were featured speakers at a recent webinar on Fintech Lending: Risk Management and Compliance. The webinar, part of a series, was organized by Platform Ringan (part of the PingAn Insurance Group), an information technology-based lending and borrowing platform registered with Indonesia\'s Financial Services Authority … SSEK Speaks at Webinar on Fintech Lending and Corporate Governance
Indonesia acknowledges digital signatures or e-signatures as a valid signature, regulated by Government Regulation No. 71 of 2019 on the Implementation of Electronic Systems and Transactions (the Electronic Transaction Regulation). Under the Electronic Transaction Regulation, “digital signature” is defined as a signature comprising electronic information attached, associated or related to other electronic information used as … E-commerce in Indonesia – Electronic Signatures
Law No. 11 of 2008 as amended by Law No. 19 of 2016 on Electronic Information and Transactions (the ITE Law) is applicable to any individual who carries out a certain legal action (as specified in the ITE Law) within or outside the Indonesian jurisdiction. In the event of a dispute, the Indonesian courts shall … E-commerce in Indonesia – Legal and Regulatory Framework
The Indonesian government initially adopted a conservative and relatively traditional approach to regulating internet-based activities. Prior to 2008, there was no legislation or guidelines in Indonesia that regulated the internet and how electronic information was offered and consumed, for both commercial and non-commercial purposes. In the five to seven years before 2008, Indonesia experienced the … E-commerce in Indonesia – Legal and Regulatory Framework
