COVID-19Insight Center


COVID-19Updates

Data Protection and Privacy: How a Company Should Handle its Employees’ Personal Data during COVID-19 Outbreak

Many organizations in Indonesia are quickly initiating a number of initiatives  to anticipate and minimize the growth of COVID-19 outbreak as well as to ensure the health and safety of their…


COVID-19: OJK Relaxes Requirements for Bank’s Asset Quality Assessment

Amid the Coronavirus Disease 2019 (“COVID-19”) outbreak in Indonesia, the Indonesian Financial Services Authority (Otoritas Jasa Keuangan - “OJK”) issued The OJK Regulation No. 11/POJK.03/2020 of…


Temporary Entry Restriction to Foreigners Due to Covid-19 Outbreak

On March 2, 2020, the Indonesian Government announced the first confirmed cases of coronavirus disease (officially named Covid-19) in Indonesia. Since then, hundreds of patients have been observed…


Employee Protection and Business Sustainability on the Prevention of Covid-19

On March 17, 2020, the Minister of Manpower (the “MOM”) issued her Circular Letter No. M/3/HK.04/III/2020 on the Employee Protection and Business Sustainability on the Prevention of COVID-19 (the…


OJK Eases Up on Annual Report Obligation and General Meeting of Shareholders

As the Coronavirus Disease (“COVID-19”) represents an unprecedented challenge to business operations and compliance requirements,  and to minimize the spread requires limitation to public meetings…


Does Covid-19 Outbreak Excuse Performance of Obligations?

General With the outbreak of the novel corona virus disease (now known as the “Covid-19”) and the restrictions or limitations imposed by Governments in various countries, it is imperative for…


OJK Takes Action to Stimulate Uncertain Market Conditions

The Indonesian Financial Services Authority (“OJK”) recently issued two letters, namely: OJK Circular Letter No. 3/SEOJK.04/2020 dated March 9, 2020 on Additional Conditions Constituting…


Information from AKSET

Dear All AKSET Clients and Friends, We trust this finds you well. As you may know, the COVID-19 reached Indonesia a few days ago. Since then, the number of infected persons has exceeded 110. In…