The concept of a "Sandbox," frequently used in the financial technology sector, refers to a controlled testing environment for innovation. According to Article 1, Section 7 of Financial Services Authority Regulation Number 3 of 2024 (POJK 3/2024) on Financial Sector...
Mediation is a negotiation-based method of resolving disputes, where the involved parties seek a mutual agreement with the help of a mediator. If mediation is part of a court case, the mediator must hold a Mediator Certificate, obtained by completing a certification...
Merger, consolidation and acquisition is a common transaction of business activity in the industry and modern business. However, this transaction can significantly impact the competition in the market. Therefore, the monitoring of business competition has an important...
Domestic violence is a form of violation of human rights. In addition, domestic violence is classified as a form of crime against human dignity and discrimination. Domestic violence can be defined as an act or actions that result in physical, psychological, and sexual...
Based on Law No. 40 of 2007 on Limited Liability Companies, shares are movable objects that provide property rights to the owner that enables the shares to be pledged or collateralized with a pledge or fiduciary guarantee under the condition that it is not otherwise...
Before a hearing begins, the court is obliged to summon the litigants, namely the plaintiff and the defendant, to the domicile address or residence of each party. The summoning of both litigants by the court is an effort to uphold the principles of audi et alteram...
In making a corruption case verdict, a panel of judges is authorized to impose additional penalties in the form of confiscation of the defendant's property. The confiscated assets will be destroyed or under the control of the state. However, in many cases, some of...
SIP Law Firm is a business entity in the form of a firm, referring to a civil partnership to run a joint business. The business is owned by two or more people, or partners, that have a stake in the ownership. The owners each are liable for all business obligations....
Indonesia has entered the fourth generation industrial era (Industry 4.0). Industry 4.0 refers to a new phase in the industrial revolution that focuses on interconnectivity, automation, machine learning and real-time data. Industry 4.0 has tremendous potential in...
The 1945 Constitution of the Republic of Indonesia guarantees the rights of every citizen to get a job. Article 27 paragraph 2 of the 1945 Constitution stipulates that every citizen shall be entitled to work and a living that is decent for humanity. Based on data from...