actual - UL

Actual Property Legal Update

04/06/2024rimik

Our preliminary analysis appears to indicate that there are no major controversies surrounding this sector. One of the subjects that had been left open-ended under the Omnibus Law was the removal of the cap on administrative fine and felony sanctions for violations of the Competition Law (Law No. 5 of 1999) . The newly issued authorities regulation for the Omnibus Law on competitors (Government Regulation No. forty four of 2021 on the Implementation of Prohibition of Monopolistic Practices and Unfair Business Competition) confirmed this discovering. Following up on the government’s move to confirm the cap on administrative fines for competitors …

Actual Property Legal Update

09/02/2024rimik

Employee Data Privacy in Indonesia The Indonesian Minister of Communication and Informatics comparatively lately issued MOCI Regulation No. 20 of 2016 regarding the Protection of Personal Data in Electronic Systems , which stipulates the protections afforded to personal data stored in an digital system. Tax for E-Commerce Trade to be Set in April The government recently issued a suggestion to impose taxes on on-line transactions done through e-commerce platforms/businesses following the newly issued regulation on taxation for e-commerce commerce. New Regulation Puts Focus on Local Resources in Indonesia’s Construction Sector A new regulation has launched significant changes to the implementation …

Actual Property Legal Update

23/01/2024rimik

Indonesian Language Law from the Perspective of the Courts In 2013, the West Jakarta District Court issued a groundbreaking determination that captured the attention of the enterprise community in stipulating that the Indonesian language must be used in industrial agreements with Indonesian companies and companies. Mandatory Use of Rupiah in Indonesia Indonesia’s central bank, Bank Indonesia, lately issued BI Regulation No. 17/3/PBI/2015 concerning the Mandatory Use of the Rupiah throughout the Republic of Indonesia, which restricts using international foreign money in home transactions carried out inside Indonesian territory. Registration of Vessels in Indonesia Any vessel of at least 7 gross …

Actual Estate

18/11/2023rimik

Felonies additionally carry significant long-term collateral penalties, such as the lack to obtain pupil loans, stigma related to employment, and the shortcoming to vote. [newline]A general update on current developments and case legislation in the mental property field and the influence of the end of the Brexit transition interval on registered rights, alongside developments in information safety together with the pivotal Schrems II decision, knowledge transfers post-Brexit and key tendencies. Under the brand new legislation, in using an automatic choice system, an company would be prohibited from discriminating in opposition to a person, or treating a person much less favorably …