New Regulation on Electronic System Organizers in the Private Sector
The Minister of Communication and Informatics (“MOCI”) has finally issued MOCI Regulation No. 5 of 2020 on Electronic System Organizers (“ESO”) in the Private Sector (“MOCI Regulation 5/2020”) that serves as the new implementing regulation of Government Regulation No. 71 of 2019 on The Organization of Electronic Systems and Transactions (“GR 71/2019”) (together, the “ESO Regulations”), that revokes 2 (two) previous implementing regulations: MOCI Regulation No. 19 of 2014 on The Handling of Internet Websites Containing Negative Content and MOCI Regulation No. 36 of 2014 on The Procedure for the Registration of ESOs. MOCI Regulation 5/2020 was issued on 16 November 2020 and came into force on 24 November 2020.
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INDONESIA'S NEW FRANCHISE REGULATION
The recently issued Regulation of the Minister of Trade No. 53/M-DAG/PER/8/2012 regarding the Implementation of Franchising has made significant changes to Indonesia’s franchise regulatory regime.
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Competition Law Key Amendments under the Omnibus Law on Job Creation as Supplemented by Government Regulation No. 44 of 2021
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INDONESIA INTRODUCES KNOW-YOUR-BENEFICIAL OWNER PRINCIPLE FOR CORPORATIONS
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The Omnibus Law on Job Creation – An Overview of the Increase in Incentives provided by the Government of Indonesia to create a ‘comfortable business environment’ for Investors in Special Economic Zones
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