Regulation for Electronic Transactions Strengthens International Trust
Thursday, 27 March, 2008 | 15:31 WIB

TEMPO Interactive, Jakarta: Regulations for Electronic Information and Transactions can increase international trust in business transactions. “Indonesians will not be isolated from international economic transactions,” said former deputy of a special team for Electronic Information and Transaction Regulation Drafting, Yasin Kara, to Tempo, last Tuesday.

“We were isolated for not having regulations to protect national and international transaction,”he said. But now, every electronic transaction, for finance and non-finance, in and outside the country, will be protected. In fact, frequent transactions can be used as evidence when violation happens.

The House of Representatives, last Tuesday, agreed to the regulation draft of Electronic Information and Transactions. It will be applied in 30 days after parliament approves it. Information and Communication Minister, Muhammad Nuh, attended that plenary meeting.

Yasin said electronic transactions at Indonesian Central Bank (BI) comes to Rp 120 trillion per day. The transactions from SMS banking and electronic transactions from Jakarta Stock Exchange are in addition to this. Electronic transactions from Indonesia will not be rejected any more by international business.

According to head of the IT unit Petrus Reinhard Golose, and Cyber Crime National Police, electronic violations include distribution of inappropriate electronic information and documents, gambling, defamation, and blackmailing or threats. The maximum punishment for this activity is Rp 12 billion or 12 years imprisonment.

This regulation makes investigation possible for illegal activities such as deception, pornography, breaking down the electronic system, tapping, changing or disturbing electronic system. “We expect another regulation for criminal actions in information technology,” he said.

Dian Yuliastuti