07 June 2024 Clients’ Highlights – June 2024 Government Issues 3% Policy for Tapera Program President Joko Widodo has enacted Government Regulation (GR) Number 21 of 2024 concerning Amendments to GR Number 25 of 2020 regarding the Implementation of Public Housing Savings (“GR 21/2024”) on May 20, 2024. Public Housing Savings (“Tapera”) is a program…

17 April 2024   Clients’ Highlights – April 2024 Government Issues New Regulation to Accelerate the Development of National Game Industry   As the development of technology and online gaming industry continues to grow, gaming industry has now been seen as generator of massive economic potential for Indonesia’s economy. Nowadays, seeing online game championships or…

04 April 2024  New Penalty Guidelines for Telecommunication Network and Service Operators   The Directorate General of Post and Informatics Organizer (“Directorate General”) previously enacted laws and provisions for administrative sanctions regarding mandatory reports by telecommunication operators. These provisions were set forth in Government Regulation No. 3 of 2023 concerning the Types and Rates of…

15 July 2023 Clients’ Highlights – July 2023 Indonesia’s Regime on Electric Vehicles – Charging Up the Industry Electric vehicles (EV) and battery electric vehicles (BEV) offer cleaner and more sustainable solutions compared to fuel-based vehicles which is associated with various pollution and environmental issues. Global energy crisis has also been a continuous challenge. EV…

International Sanctions Screening

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…

5 June 2023 Corporate Bulletin – June 2023 The Future of Healthcare Innovation – Overview of the Regulatory Sandbox Digital healthcare innovation in Indonesia is growing rapidly in the past years. In 2022 alone it is estimated that approximately 18 million health consultation activities were carried out through telemedicine companies. The development of formal laws…

27 April 2023   Corporate Newsletter – April 2023 Indonesian Law No. 4 of 2023 – Easing Insurtech Penetration     The insurance industry was being watched by technology start-ups in light of the maturity of the industry which signifies the readiness for disruption by introducing technology to be part of insurance business’s core. The…

ChatGPT – Privacy Point of View

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…

5 April 2023   Immigration Newsletter – April 2023 Visa on Arrival – Tighter Enforcement by Indonesian Directorate General of Immigration   Visa on Arrival Visa on arrival (“VOA”) is designed to provide ease for travelers (from certain countries) to enter Indonesia for non-official/non-commercial purposes such as tourism purpose. Indonesia VOA allows 30 days of…

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…