21 June 2023 Compliance Bulletin – June 2023 International Sanctions Screening Sanctions screening is the process of determining whether a country sanctions a person, company, or other entity. In the financial services industry, this process would normally be part of the KYC (know-your-customers) process. Historically, sanctions screening has been a blind spot for business…
24 May 2023 Corporate Newsletter – May 2023 E-Commerce Landscape in Indonesia Lazada, Tokopedia, and Shopee are not foreign to Indonesian, even to certain extent can be categorised as part of daily life of Indonesian in sourcing its necessities. As the Indonesian government continues re-shaping its view on the data security and privacy in Indonesia,…
12 April 2023 Corporate Newsletter – April 2023 ChatGPT – Privacy Point of View Overview of ChatGPT Chat Generative Pre-trained Transformer (“ChatGPT”) was launched in November 2022. ChatGPT is a language model driven by Artificial Intelligence (AI) built by OpenAI. In a very short period of time, ChatGPT has gained popularity globally to the…
29 March 2023 Corporate Newsletter – March 2023 Corporate Retainer Services – What is it and why is it important? Legal and compliance are pivotal parts of business growth either in matured industries (such as manufacturing, traditional banking) or fast-paced growing industries (such as technology, health innovation). With growing countries (such as…
15 March 2023 Corporate Newsletter – March 2023 Corporate Guarantee in Commercial Deals – The Do’s and Don’ts Indonesian Civil Code categorises ‘guarantee’ as one of the forms of security to ensure performance/fulfillment of certain obligations or engagements (in Bahasa “perikatan”) such as debts, payment obligations. Guarantee would normally be granted by individual. Along…