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In Asia-Pacific

Indonesia: Indonesia Regulates Foreign Private Electronic System Operators

by , , and 8 Mins Read

Up to now, there was not a clear position on the obligations (including registration obligation) for offshore or foreign private electronic system operators (“ESOs”).

This has changed with the recent issuance of Minister of Communication and Informatics (“MOCI”) Regulation No. 5 of 2020 on Private Electronic System Operators (“MOCI Regulation 5”), which clarifies registration requirements and other obligations for foreign private ESOs.

MOCI Regulation 5 is an implementing regulation of Government Regulation No. 71 of 2019 on the Implementation of Electronic Transactions and Systems (“GR 71”). The regulation became effective on 24 November (but it was only published on the MOCI’s website on 2 December).

There is a six-month transitional period under the regulation, but this is only applicable for the requirement for private ESOs to register with the MOCI.

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In Asia-Pacific

Australia: Presumptive Biden victory leaves Australia with work to do on climate

by , and 8 Mins Read

President-Elect Joseph R. Biden comes to office with what has, correctly, been called a “transformational” plan for action to curb climate change and to cope with its unavoidable consequences.

The cornerstone of his policy1 — officially called the Biden Plan for a Clean Energy Revolution and Environmental Justice — is to recommit the United States to the Paris Agreement on climate change, and to set a target for the US to achieve net-zero carbon emissions by 2050. That target is generally accepted as being in line with the goals of the Paris Agreement on climate change which seeks to limit global climate heating to well below 2 degrees Celsius above pre-industrial levels, and ideally, to keep it closer to 1.5 degrees.2

The impact of the world’s largest economy pivoting to this new policy cannot be understated. It is particularly important given that it tops off two months in which several of the world’s major economies have now announced net-zero commitments.

In Asia-Pacific

Asia Pacific: Hyper-Hybridity – Defining a New Era of Digital Health Innovation in Asia Pacific

by , , , , , , , , , , , , , , , , and 2 Mins Read

Click to read Digital healthcare, a globally booming market, has been catalyzed by the events of COVID-19. In…

In Antitrust / Competition

Australia: Sustainability and Antitrust in Australia: An Outlier or Blueprint

by and 1 Min Read

As European competition authorities and international organizations like the OECD and ICN look to advance the debate on sustainability and antitrust, Baker McKenzie’s global antitrust knowledge lawyer Grant Murray and partner Georgina Foster explore the approach of the Australian Competition and Consumer Commission and ask if it can provide a…

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In Asia-Pacific

Asia Pacific: Understanding the Regional Comprehensive Economic Partnership Agreement (RCEP)

by , , , , , and 1 Min Read

After almost a decade of negotiations, the RCEP was finally signed on 15 November 2020 by 10 ASEAN countries, along with Australia, China, Japan, New Zealand and South Korea. India was originally party to the RCEP negotiations, but it left the deal in 2019 due to concerns over the protection…

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