New OJK Rule on Public Accountants and Public Accountant Offices The issuance of this new rule has an impact on the engagement of exterior auditors by publicly-listed firms on situation that public companies are one of the topics being regulated and supervised by OJK. The Development of Personal Data Protection in Indonesia After months of drafting and deliberation, Indonesia’s Ministry of Communication and Informatics (“MOCI”) in late 2016 issued a long-awaited regulation on the safety of non-public data. Data Categorization for Electronic System Operators Providing Public Services The MOCI has issued a draft amendment to Government Regulation No. eighty two of 2012 which requires digital system operators offering public companies to have onshore data facilities and catastrophe restoration facilities. Expanded Coverage and New Feed-in Tariff for Indonesia’s Waste to Energy Projects The authorities lately issued Presidential Regulation No. 35 of 2018 on the acceleration of development of waste to power initiatives. Franchise Agreements in Indonesia A franchise, underneath Indonesian regulations, is outlined as a particular proper owned by an individual or a legal entity to a unique business system that has confirmed successful in promoting goods and/or companies, and can be used by another party based on a Franchise Agreement. Employee Data Privacy in Indonesia The Indonesian Minister of Communication and Informatics comparatively just lately issued MOCI Regulation No. 20 of 2016 regarding the Protection of Personal Data in Electronic Systems , which stipulates the protections afforded to personal data saved in an digital system.
- Discrimination Law and Equality in Indonesia Indonesia doesn’t have an overarching anti-discrimination regulation; quite, a patchwork of legal guidelines and sector-specific rules prohibit discrimination and encourage equality.
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2.Review Policy for articles- The journal follows double blind peer review policy for all articles. Once the article is obtained, it’s forwarded to our two reviewers after removing names of authors and their affiliations. Reviewers ship their feedback in the end of time and these comments/ queries are forwarded to authors to make corrections or supply explanations. Once the reviewers are happy with corrections in manuscripts or explanations given by authors, authors are conveyed the decision of acceptance of article. If author/s refuses to make corrections as advised by reviewers, manuscript is rejected for publication.
Compliance Assessment Device Sample
Compliance Road Map for Companies in Indonesia Compliance is a vital concern for overseas investment firms doing enterprise in Indonesia. As international organizations, international funding firms usually are not only required to adjust to the laws and laws of the country of origin of their parent corporations but in addition with relevant legal guidelines and laws in Indonesia. Public Mergers and Acquisitions in Indonesia Despite the slowing economy, M&A activity picked up usually in direction of the tip of 2014, though not particularly involving public companies. This legal update offers an overview of legal guidelines on public mergers and acquisitions in Indonesia, masking the first means of obtaining management of a public company. Tax for E-Commerce Trade to be Set in April The authorities recently issued a guideline to impose taxes on on-line transactions done by way of e-commerce platforms/businesses following the newly issued regulation on taxation for e-commerce trade. Thoughtful evaluation, and steering that enables our clients to stay in contact with the most recent developments in the legal trade.
Foreign Investment in Indonesian Real Estate Indonesia’s Agrarian Law provides that foreigners can solely purchase a proper to use title for land in the event that they reside in Indonesia. This update takes stock of the present legal framework governing foreign funding in Indonesian actual estate and provides an summary of the expected challenges. Indonesian Regulatory Framework for Insurance Businesses The major legislation for insurance and reinsurance companies in Indonesia is the newly enacted Insurance Law, issued on seventeenth October 2014. This regulation launched a quantity of vital adjustments to the sector almost about topics similar to local shareholding necessities. OJK Raises Corporate Governance Standards Imposed on Public Companies The Indonesian Financial Services Authority enacted a rule on the implementation of public companies’ corporate governance tips which set a new standard of company governance apply for public companies.
Anticipating The Emergence Of Digital Banks: Ojks Current Relevant Regulations
Evolution of the entire variety of citations and journal’s self-citations obtained by a journal’s printed paperwork during the three earlier years. The set of journals have been ranked in accordance with their SJR and divided into 4 equal teams, 4 quartiles. Q1 contains the quarter of the journals with the best values, Q2 the second highest values, Q3 the third highest values and Q4 the bottom values.
In the recent choice of Tamar Perry and anor v Jacques Henri Georges Esculier and anor and one other matter SGCA 5, the Court of Appeal held that personal claims (ie claims which don’t give the plaintiff an possession declare to the assets … The Legal Profession Bill, which was launched in Parliament on 1 Nov 2021, proposes to introduce a framework for conditional charge agreements (“CFAs”) to be entered into between legal professionals and their clients in chosen proceedings. As digital assets rise in prominence as a brand new asset class, it has turn into the target of a quantity of high-profile hacks. This update discusses the technical practicalities of retrieving stolen digital assets (excluding non-fungible tokens), and highlights … Director Lim Siau Wen was quoted in an Asia IP article that explored the intersection of IP and tattoos.
NIK New Development The DGCE regulation requires an organization to process the IMTA and NPWP for overseas directors not residing in Indonesia. Terminating an Employment Relationship in Indonesia Under Law No. thirteen of 2003 regarding Labor (the “Labor Law”) and different prevailing labor laws and laws, employment-at-will and termination upon easy notice are not acknowledged in Indonesia. BKPM Stops Issuing Licenses On 21st June, the federal government issued Regulation No. 24 of 2018 on Electronic Integrated Business Licensing Services.
ESDM Regulation 42 and Oil and Gas Companies On 14th July 2017, the Minister of Energy and Mineral Resources printed Regulation No. forty two of 2017 (Reg. 42). 42 apply to upstream and downstream oil and fuel firms, IUPTL holders and IPB holders. Indonesia Launches New Economic Policy Package On thirty first August 2017, President Joko Widodo enacted the sixteenth financial policy package deal, which goals to enhance the convenience of doing enterprise in Indonesia by offering measures to accelerate issuance of business licenses and permits on the central and regional levels. Data Protection in Indonesia’s Financial Services Sector Minister of Communication and Informatics Regulation No.20 of 2016 strengthens the obligations to protect the personal and monetary information of consumers by suppliers of digital systems. New Regulation on Criteria and Drug Registration Procedure BPOM Regulation No. 24 of 2017 replaces earlier BPOM laws in setting out the newest procedure for drug registration. New Regulation on Marketing Authorization for Medical Devices and Supplies The Minister of Health issued Regulation No. 62 of 2017 on Marketing Authorization for Medical Devices and Supplies to harmonize Indonesian laws with ASEAN and international regulations on medical devices.