Ministry: Validity of E-Fiducia Certificates is Guaranteed

Fathan Qorib, Robert Sidauruk

The Director General of General Legal Administration at the Ministry of Law and Human Rights (Director General) has recently issued Circular Letter No. AHU-06.OT.03.01 on Implementation of the Fiducia Online Registration System.

This system allows online fiducia registration and acknowledges the legality of electronic fiducia certificates.  

Director General Aidir Amin Daud confirmed that when the online system was implemented, the number of fiducia registrations has significantly increased.

He explained that with the manual system, there were 2000-3000 registrations per day on average and with the online system, the amount reached 20 thousand.  

Aidir also added that the online registration system has generated IDR 1.5 billion in non-tax state revenues.

However, the legality of the fiducia certificates is still being questioned. Wiwie Kurnia, Head of Indonesia Financing Company Association, said that many people are worried whether the electronic fiducia certificate is valid or not.

In response, Aidir reassured that electronic fiducia certificates are valid.  He said that there will be an electronic signature on each certificate from the Head of Regional Office of the Ministry of Law and Human Rights (Ministry).

“The electronic signature from the Ministry shows its legality,” said Aidir.

In addition to electronic signature, Aidir explained that each fiducia certificate will also be stamped. In other words, the Ministry guarantees the validity of all electronic fiducia certificates that are issued.

Fiducia Registration Increases

After the Ministry implements online registration, Aidir said that the number of fiducia registration is increased significantly.

According to him, the average amount of fiducia registration using manual system reached 2000-3000 registration per day; while under the online system, there are 20 thousand registration.

Aidir also added that the online registration system has generated IDR 1.5 billion for non-tax state revenue.

Furthermore, Aidir explained that his institution will improve its IT system to avoid server problems. The Ministry has allocated IDR 5 billion from its budget for servers and other IT services procurement.

(hot/jt)

Fathan Qorib, Robert Sidauruk

The Director General of General Legal Administration at the Ministry of Law and Human Rights (Director General) has recently issued Circular Letter No. AHU-06.OT.03.01 on Implementation of the Fiducia Online Registration System.

This system allows online fiducia registration and acknowledges the legality of electronic fiducia certificates.  

Director General Aidir Amin Daud confirmed that when the online system was implemented, the number of fiducia registrations has significantly increased.

He explained that with the manual system, there were 2000-3000 registrations per day on average and with the online system, the amount reached 20 thousand.  

Aidir also added that the online registration system has generated IDR 1.5 billion in non-tax state revenues.

However, the legality of the fiducia certificates is still being questioned. Wiwie Kurnia, Head of Indonesia Financing Company Association, said that many people are worried whether the electronic fiducia certificate is valid or not.

In response, Aidir reassured that electronic fiducia certificates are valid.  He said that there will be an electronic signature on each certificate from the Head of Regional Office of the Ministry of Law and Human Rights (Ministry).

“The electronic signature from the Ministry shows its legality,” said Aidir.

In addition to electronic signature, Aidir explained that each fiducia certificate will also be stamped. In other words, the Ministry guarantees the validity of all electronic fiducia certificates that are issued.

Fiducia Registration Increases

After the Ministry implements online registration, Aidir said that the number of fiducia registration is increased significantly.

According to him, the average amount of fiducia registration using manual system reached 2000-3000 registration per day; while under the online system, there are 20 thousand registration.

Aidir also added that the online registration system has generated IDR 1.5 billion for non-tax state revenue.

Furthermore, Aidir explained that his institution will improve its IT system to avoid server problems. The Ministry has allocated IDR 5 billion from its budget for servers and other IT services procurement.

(hot/jt)

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