Speaking at an event in Jakarta, he explained that the reform will be based on five pillars:
According to Dentons HPRP partner Fabian Buddy Pascoal, who addressed the same event, UU P2SK requires the financial industry sector to implement a sustainable system to integrate environmental conservation, good corporate governance, and people’s social life. “Both ecological and economic interests must go well together. Humans may forgive, but nature cannot. One thing to remember is that we all live in one boat,”he said.