Indonesia’s Constitutional Court has strengthened personal data protection by revising the criteria for appointing a Data Protection Officer (DPO) under the Personal Data Protection Law. Now, if a company does any one of the following—offers public services, monitors personal data, or handles sensitive information—it must appoint a Data Protection Officer. This shift from a cumulative to an alternative test significantly broadens the scope of organisations required to appoint a DPO, aligning Indonesia more closely with international standards like the GDPR and reinforcing citizens’ rights to data privacy.
In today’s tech-driven business landscape, legal departments are facing increasing challenges in contributing their value to organisations. Conventional processes and paper-based documentation can be time-consuming and prone to errors, as in-house counsels spend considerable time drafting contracts, managing case files, monitoring licensing compliance and conducting research using basic tools like email and word processors.
In Indonesia, spin-offs have become a popular method for business transfers across various sectors, including property and banking, involving transitions from private to public companies and from state-owned enterprises (SOEs) to non-SOEs.
While the inevitable era of digitalization poses new threats and risks related to personal data, it is of paramount importance to continually improve digital literacy as Indonesia gears up for the Satusehat system.
Global collaborative endeavors to tackle climate change are once again in the limelight as COP28, which was held in Dubai, the United Arab Emirates, has just wrapped up on Dec.12.
The key concepts in carbon pricing regulations and discussion on the legal considerations for investors and businesses in entering Indonesia’s carbon market.
As the world grapples with rampant cyberattacks, policymakers in the region have toughened their data security measures and business compliance is crucial.
After more than two years since the first case of Covid-19 was officially declared to have occurred in Indonesia, the Indonesian government’s efforts to control the outbreak have succeeded in boosting national economic growth.
Environmental, social and governance (ESG) factors are a set of non-financial performance indicators that assess a company’s risks and relationship to the environment and society. Investors rely on sustainability reporting to assess the materiality of ESG risks to inform their investment decisions. Concurrently, businesses rely on sustainability metrics to identify industry specific ESG risks and the extent of exposure that can have material implications on the company.
The urgency for climate action was highlighted on the international stage during the 26th United Nations Climate Change Conference (COP26) in Glasgow in November 2021. One of the key announcements was made by a group of 450 financial institutions, managing more than $130 trillion in total assets, equivalent to 40% of global private wealth.