The OJK would issue administrative sanctions incrementally. However there are now exceptions to this general rule.
The government is currently accelerating its efforts to establish a national cybersecurity agency. This idea to have a nationwide cybersecurity watchdog has been brewing for quite some time.
Indonesian Supreme Court Regulation on Corporate Crimes Puts Corporations at Greater Risk of Prosecution
After the issuance of the SC Regulation, the Corruption Eradication Commission (KPK) has stated that it intends to use the SC Regulation to chase corporations in corruption cases.
Transparency International has launched its latest 2016 Corruption Perception Index. China’s ranking continues to improve, moving up by four places from last year’s rank of 83 to a rank this year of 79. Find out more about the other highlights.
The Data Protection Regulation emphasizes the current personal data protection provisions in Indonesia by providing new measures to protect the use of personal data in electronic systems.
Baker McKenzie has created a one of its kind Anti-Corruption Risk-Map. The risk maps provide information on primary anti-corruption legislation and enforcement agencies, offences, defences and penalties in 55 countries.
Indonesia: New Reporting Requirements for Sponsoring Activities of Pharmaceutical/Healthcare Companies
Under a new Indonesian regulation both givers and receivers must report to the Corruption Eradication Commission within 30 days after any sponsorship is received.
After several years of development, involving input from over 50 countries, the International Organisation for Standardisation (ISO) has finally published ISO 37001: Anti-Bribery Management Systems Standard - a new international standard designed to assist organisations worldwide in implementing and maintaining effective anti-bribery systems.
Baker & McKenzie released the 2016 edition of its Global Overview of Anti-Bribery Handbook. You can read the Handbook for free on Global Compliance News.
Following our summary in March 2015, we have again summarized the main compliance benchmarking surveys which have been published over the past 12 months and summarized their results.