News & Industry Update
E-Mediation in Indonesia: Key Notes from Newly Issued Supreme Court Regulation
E-Mediation in Indonesia: Key Notes from Newly Issued Supreme Court Regulation
What is e-mediation?
E-mediation is a type of mediation that is conducted online using video conferencing technology. It is a convenient and efficient way to resolve disputes without having to travel to a physical mediation location.
What is the new Supreme Court regulation on e-mediation?
In 2022, the Supreme Court of Indonesia issued a new regulation on e-mediation, known as Supreme Court Regulation No. 3 of 2022 on Electronic Mediation in the Court ("Perma 3/2022"). This regulation complements and clari...
Environment, Social, and Governance (ESG): What you should know.
Understanding ESG from a Legal Perspective in Indonesia: Environment, Social, and Governance
In recent years, three key factors related to sustainability have become a major focus for companies worldwide, namely environment, social, and governance (ESG). Along with the increasing awareness of the importance of sustainability and the need to manage the environmental and social impact of business, ESG has become a key factor in business decision-making.
However, ESG is not only a concern for businesses, but has also become a concern for regulators in Indonesia. In this article, we will d...
Understanding the 8 Principles of Personal Data Protection under the Indonesian PDP Law: Key Takeaways for Citizens and Businesses
Understanding the 8 Principles of Personal Data Protection under the Indonesian PDP Law: Key Takeaways for Citizens and Businesses
The Indonesian government has recently passed the Personal Data Protection Law or UU PDP. This regulation was enacted with the aim of protecting and guaranteeing the fundamental rights of citizens regarding their personal data. Personal data is defined in Article 1 paragraph 1 of the UU PDP as data about an individual that is identified or can be identified either directly or indirectly through electronic or non-electronic systems. The meaning of personal data ...
Digital Gold Rules to Avoid Illegal Trading
Digital Gold Rules to Avoid Illegal Trading
The Ministry of Trade (Kemendag) through the Commodity Futures Trading Regulatory Agency (Bappebti) has issued regulations to ensure legal certainty and business certainty of digital gold physical trading in the Indonesian market. The rules are contained in Bappebti Regulation No. 4 of 2019 concerning Technical Provisions for the Implementation of Digital Gold Physical Market in Commodity Futures Exchanges.
"The regulation of digital gold trading aims to prevent the use of physical digital gold trading for illegal purposes, such as money laun...
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