On 2 July 2019, the EuroCham Finance, Tax and Investment Working Group held its regular meeting. The meeting was hosted by PwC at their office. Mr. Omar Abdulkadir (Taxation Service Advisor of PwC) as Head of Working Group opened the meeting and shared latest updates on advocacy activities on the past months with relevant stakeholders, as well as few draft regulations on the pipe line. The meeting continued with the presentation by Mr. Ico Jalink (Senior Associate Allen & Overy) as the Deputy Head of the Working Group with the main theme of “offshore loan obligations for Indonesian non-bank borrowers”. The presentation and discussion offer an overview of the rules that apply to Indonesian residents that receive loans from offshore lenders and what implications these rules have for Indonesian borrowers.
On 2 July 2019, EuroCham participated in a Focus Group Discussion on Personal Data Protection Bill hosted by ELSAM. This activity presents three speakers, consisting of: Arianne Jimenez (Privacy and Public Policy Manager, APAC at Facebook), Ulfah Diah Susanti (Head of the governance section for the application of Personal Data Protection, Ministry of Communication and Information), and Wahyudi Djafar (Institute for Policy Research and Advocacy ‐ ELSAM). The discussion identifies actual challenges in protecting personal data in Indonesia, especially those related to the information and communication technology. This meeting was also intended to gather advices and inputs, especially on a number of strategic issues, to become recommendation material in the process of discussing the Personal Data Protection Bill. The development of this draft regulation is very relevant and has been closely monitored also by both of the EuroCham Technology and Intellectual Property Working Groups.