”The Parties that conduct E-Commerce activity has legal compliance including specific license, namely SIUPMSE, obligation to have Electronic System Provider Certificate, use an Indonesian domain name (dot id), and so forth.” To face the growth of Electronic Commerce (“E-Commerce”) activity in Indonesia, Indonesia Government has issued the Government Regulation No. 80 of 2019 on Commerce […]
“As a relatively recent business field in Indonesia, the operation of Web Portal has not been thoroughly or specifically regulated. However, considering the enormous scope of the business field, multiple laws and regulations apply to the business field of Web Portal by inference.” In Indonesia, business fields are regulated in a standard classification. In an […]
Author: Kristalia Andiani Puteri with Felicia Cindy Hanubrata “The rise of Financial Technology (“fintech“) must be accompanied by adequate regulation, supervision and monitoring as stipulated by Bank Indonesia Regulation No. 19/12/PBI/2017. Furthermore, Bank Indonesia introduced the categorisation of payment service providers and cooperation between the fintech and payment service providers through Bank Indonesia Regulation No. […]
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