Posts Tagged ‘IT’

Abstract Technology Network Background

Protection of Privacy in Indonesia

By Denny Rahmansyah and Saprita Tahir With regard to private and family life in Indonesia, Article 28(G) of the 1945 Constitution provides that every person has the right to: (i) Protection of their personal selves, families, respect, dignity and possessions under their control; and (ii) Security and protection from threat of fear for doing, or [...]

Bitcoin

Fintech in Indonesia: Weighing the Future

SSEK’s Rusmaini Lenggogeni, Fahrul S. Yusuf and Harry Kuswara have contributed an article to the International Financial Law Review’s special supplement on cryptocurrency regulation around the world. SSEK looks at Indonesia’s clampdown on virtual currencies and the future potential of blockchain. You can find the article here. International Financial Law Review (IFLR) is a market-leading [...]

Bank Indonesia in Yogyakarta by B10m

Bank Indonesia Sets New Limits for the Provision of E-Money

Bank Indonesia (“BI“) has issued a long-anticipated regulation on e-money that stipulates a number of requirements and prohibitions that were previously unregulated. The new regulation, BI Regulation No. 20/6/PBI/2018 regarding Electronic Money (“BI Reg 20“), revokes all existing BI e-money regulations. E-Money Classification BI Reg 20 opens with an explicit classification of e-money based on [...]

FSY SPT

SSEK Lawyers Quoted in Bloomberg Article on Data Privacy in Indonesia

Fahrul S. Yusuf, a partner at SSEK, and Saprita Tahir, an associate of the firm, were quoted extensively in a Bloomberg BNA article on data privacy in Indonesia in the wake of the Facebook data privacy scandal, which may have affected more than one million Indonesians. Fahrul noted that one factor driving anxiety in Indonesia [...]

Denny Rahmansyah

SSEK Partner Denny Rahmansyah Quoted in Article on Facebook Data Breach

Denny Rahmansyah, the managing partner of SSEK, was quoted extensively in an article by MLex Market Insight on the global data privacy scandal involving Facebook and the British political consulting firm Cambridge Analytica. With Facebook facing a police investigation in Indonesia as part of the scandal, Denny discussed Indonesia’s existing laws and regulations that touch [...]

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SSEK Partner Discusses Data Collection Legal Issues at IPBA Conference

Denny Rahmansyah, the managing partner of SSEK Indonesian Legal Consultants, was a featured speaker at the recent Inter-Pacific Bar Association (IPBA) conference in Manila, the Philippines. Denny spoke at the IPBA session on “Legal Issues of Data Collection and Usage by Financial Institutions, Insurers and Corporates.” He looked at the challenges facing companies in Indonesia [...]

Bitcoin

Virtual Currency Is Here, So How Is Indonesia Going to Regulate It?

By Harry Kuswara Virtual currency, or cryptocurrency, has made its way to Indonesia and government agencies are working to regulate its use. But as Bitcoin, Ripple, Peercoin and other virtual currencies increasingly attract the interest of Indonesians for all kinds of reasons, there is no regulation in Indonesia that deals specifically with virtual currency, a [...]

Legal 500 2018 Leading Individual

SSEK Lawyers Recognized as Leaders in New Legal 500 Asia Pacific Rankings

Five partners and foreign legal advisors at SSEK Legal Consultants have been recognized as Leading Lawyers for their work in multiple practice areas in The Legal 500 Asia Pacific 2018 guide to the region’s top lawyers and law firms. SSEK’s Leading Lawyers are Dyah Soewito (Projects & Energy, Shipping); Ira A. Eddymurthy (Banking & Finance, [...]

DR & SPT

Personal Data and Security Requirements in Indonesia

By Denny Rahmansyah and Saprita Tahir An electronic system provider (ESP) in Indonesia must maintain the correctness, validity, confidentiality, accuracy, relevance and compatibility with the purpose of the acquisition, collection, processing, analysis, retention, display, publication, transmission, dissemination and destruction of personal data. Additionally, an ESP must also carry out certification of its electronic system to [...]

Legal 500 2018 Top Tier Firm

SSEK Earns Top Rankings in 2018 Legal 500 Guide to Leading Lawyers and Law Firms in Indonesia

SSEK Legal Consultants has again been recognized as one of the leading corporate law firms in Indonesia in The Legal 500 Asia Pacific 2018 guide to the top law firms and lawyers. Based on client feedback and the work of the firm’s lawyers, SSEK earned the highest ranking in six practice areas: Banking & Finance; [...]