NEW REGULATION ON THE PROTECTION OF PERSONAL DATA: KEY PROVISIONS

At the end of 2016, the Minister of Communication and Informatics issued Regulation No. 20 of 2016 on Personal Data Protection within Electronic Systems (“Regulation 20/2016”) to implement Article 15 (3) of Government Regulation No. 82 of 2012 on the Organization of Electronic Systems and Transactions (“GR 82/2012”). The regulation was issued on 7 November 2016 and came into force on 1 December 2016. Existing electronic system providers must adjust to the regulation within 2 years of its issuance.

BANK INDONESIA REGULATES THE FINTECH BUSINESS

On 14 November 2016, Bank Indonesia officially launched its Financial Technology (or FinTech) Office. The event was followed by the issuance of Bank Indonesia Regulation No.18/40/PBI/2016 on the Organization of Payment Transaction Processing (“PBI 18/40”) that is available through Bank Indonesia’s official website (even though the regulation came into effect on 9 November 2016).

CONSTITUTIONAL COURT RULING ON PRENUPTIAL AGREEMENT

The Constitutional Court on 27 October 2016 ruled on a judicial review application of Articles 21 (1) and (3) and 36 (1) of Law No. 5 of 1960 on Basic Provisions on Agrarian Principles (“Agrarian Law”) and Articles 29 (1), (3) and (4) and 35 (1) of Law No. 1 of 1974 on Marriage (“Marriage Law”) through ruling No. 69/PUU-XIII/2015.

KPPU INVESTIGATES ALLEGED MOTOR SCOOTER CARTEL

The KPPU has conducted its first hearing into an alleged motor scooter price fixing cartel between Astra and Yamaha, the dominant players in this market. The KPPU again appears to be pursuing a concerted action-type ‘agreement’, which it used in the recent beef cartel case.

BEEF IMPORT CARTEL

On 22 April 2016, the Business Competition Supervisory Commission (KPPU) found 32 importer and feedlot companies in violation of Articles 11 and 19(c) of the anti-monopolies law and levied fines totaling over Rp.107bn (approximately USD8m at current exchange rates).