Advancing Legal Expertise in the Fintech Era: Sri Purnama’s Insights from the First ICION Fintech Workshop, November 8-10 2023

Our junior legal research analyst, Sri Purnama, recently attended the “First ICION Fintech Workshop” held from 8-10 November at the Crystal Luxury Bay Nusa Dua Resort. This conference, organised by the Indonesian CIO Network, marked a significant shift in focus towards the fintech industry, reflecting the evolving landscape of financial technology and its intersection with legal frameworks.

The workshop was a profound exploration of various aspects of fintech, touching upon the integration of AI in financial services, the adaptation of international high-tech ecosystems within Indonesia, and the critical importance of robust API security. These discussions highlighted the growing complexity and the urgent need for comprehensive legal frameworks in the rapidly evolving fintech sector. Additionally, the conference delved into Zero Trust Architecture and the omnipresent threat of ransomware in finance, underscoring the need for heightened cybersecurity measures.

A key takeaway from the conference was the emphasis on Indonesia’s cybersecurity landscape, especially concerning fintech. The sessions provided invaluable insights into the practical application of technologies like blockchain for secure transactions and the challenges of digital transformation in fraud prevention. These topics align with our firm’s cyber and technology law expertise, particularly personal data protection.

The workshop also addressed the implications of Indonesia’s Protection of Personal Data Law on the fintech business, a topic that resonates deeply with our firm’s focus. Understanding these legal nuances is essential for advising our clients effectively in this dynamic sector.

This participation is a testament to our commitment to being at the forefront of cyber and technology law developments. Engaging in such high-calibre events enables us to enhance our services, ensuring that we are well-informed and equipped to offer the best legal solutions to our clients.

We are enthusiastic about participating in similar conferences in the future, continually enriching our knowledge and expertise to excel in the ever-changing landscape of technology law.

For further information, please contact:

WWW.AP-LAWSOLUTION.COM

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Anggraeni and Partners, an Indonesian law practice with a worldwide vision, provides comprehensive legal solutions using forward-thinking strategies. We help clients manage legal risk and resolve disputes on admiralty and maritime law, complicated energy and commercial issues, arbitration and litigation, tortious claims handling, and cyber tech law.

S.F. Anggraeni

Managing Partner

[email protected]

Sri Purnama

Junior Legal Research Analyst

[email protected]