Indonesia: Indonesia Regulates Foreign Private Electronic System Operators
Up to now, there was not a clear position on the obligations (including registration obligation) for offshore or foreign private electronic system operators. This has changed with the recent issuance of Minister of Communication and Informatics Regulation No. 5 of 2020 on Private Electronic System Operators, which clarifies registration requirements and other obligations for foreign private ESOs.MOCI Regulation 5 is an implementing regulation of Government Regulation No. 71 of 2019 on the Implementation of Electronic Transactions and Systems. The regulation became effective on 24 November.
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In brief
Up to now, there was not a clear position on the obligations (including registration obligation) for offshore or foreign private electronic system operators (“
Law on job creation will benefit MSMEs: observer 15th December 2020
An MSME business in Batam, Riau Island. The Law on Job Creation will encourage many young people to become entrepreneurs and open their own MSME-scale businesses, an expert has said. (ANTARA/ Naim) Jakarta (ANTARA) - Law Number 11 of 2020 on Job Creation will significantly benefit micro, small, and medium enterprises (MSMEs) and encourage opening of new businesses by easing the licensing process, an expert has said. More of our workforce is absorbed in the informal sector than the formal sector. This means the law (will help) creates MSMEs by easing (the) licensing process. So, many people and millennials can open MSME-scale businesses, ” Emrus Sihombing from Pelita Harapan University (UPH) said in a written statement issued here on Tuesday.
1. Marine Casualty
1.1 In the event of a collision, grounding or other
major casualty, what are the key provisions that will impact upon
the liability and response of interested parties? In particular,
the relevant law / conventions in force in relation
to:
(i) Collision
ICC ), which was
enacted in the 19
th century, provides that:
a. If the collision is caused by
force majeure, or if
there are doubts as to the cause of the collision, the damages
shall be borne by those who have suffered them.
b. If the collision is caused by the fault of one of the
colliding vessels, liability to remedy the damages shall be borne
In brief
Up to now, there was not a clear position on the obligations (including registration obligation) for offshore or foreign private electronic system operators (“
ESOs”).
MOCI”) Regulation No. 5 of 2020 on Private Electronic System Operators (“
MOCI Regulation 5”), which clarifies registration requirements and other obligations for foreign private ESOs.
MOCI Regulation 5 is an implementing regulation of Government Regulation No. 71 of 2019 on the Implementation of Electronic Transactions and Systems (
GR 71 ). The regulation became effective on 24 November (but it was only published on the MOCI’s website on 2 December).
There is a six-month transitional period under the regulation, but this is only applicable for the requirement for private ESOs to register with the MOCI.