As we gather to observe the end of Ramadan, the team at Budiarto Law Partnership extend our warmest Eid Al Fitr greetings to all within our valued network. This month sees a plethora of new regulation relating to e-commerce and e-banking. The Financial Services Authority and Bank Indonesia have introduced a significant number of new regulations, primarily designed to foster a sense of trust in e-commerce and e-banking. New regulations include robust provisions relating to consumer protection, new licensing requirements to provide electronic financial services, as well as regulating cross bor- der e-commerce transactions. In addition, the Financial Services Authority has issued strict new consumer protection regulations relating to share buybacks by public companies. More information can be found in this newsletter, or by contacting your Budiarto Law Partnership lawyer.