Posts Tagged ‘E-commerce’

Legal Alert

Legal Alert September 2017

Please find the SSEK Legal Alert for September 2017. The SSEK Legal Alert is a monthly survey designed to keep you up to date with the latest legal developments in Indonesia.

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Bank Indonesia Issues Rules for Payment System Service Providers

By Harry Kuswara Bank Indonesia (“BI”) has issued a circular letter on licensing procedures and requirements related to payment system transactions in Indonesia. BI Circular Letter No. 18/41/DKSP regarding the Implementation of Payment Transaction Processing, dated December 30, 2016 (the “Circular Letter”), is an implementing regulation for BI Regulation No. 18/40/PBI/2016 on the Implementation of [...]

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SSEK Acts as Indonesian Counsel for Alibaba in Lazada Purchase

SSEK Indonesian Legal Consultants has acted as Indonesian counsel to Alibaba Group Holding in its US$1 billion purchase of a controlling stake in Southeast Asian online retailer Lazada Group, as has been widely reported. As reported, Alibaba will buy US$500 million of newly issued shares from the online retailer, and a further US$500 million from [...]

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Indonesian Legal Review: E-Commerce

By Irwina Annisa Many retail transactions today are conducted through websites or mobile applications – in other words, they are digitalized. Business actors in Indonesia often raise the question whether there are any Indonesian legal restrictions on digitalizing their businesses through websites or mobile applications. There is no specific Government of Indonesia (“GOI”) law or [...]

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Indonesian Rules on E-Signatures

By Bezaliel B. Erlan and Soefiendra Soedarman Continued growth in electronic transactions has resulted in electronic signatures, or e-signatures, becoming more common in daily transactions. In this article we discuss the use and applicability of e-signatures in Indonesia and the relevant regulations under Indonesian law. Introduction and definition E-signatures were unregulated in Indonesia until the [...]

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E-Commerce Guidelines for Indonesia

Indonesia is becoming one of the most dynamic e-commerce markets in the world. With a population of 250 million, a growing middle class and more than 82 million internet users, Indonesia is attracting the interest of more investors, both foreign and domestic. SSEK’s Dewi Mayangsari and Saprita Tahir have produced a legal guide to the [...]