Year Category: 2021

Fintech in Indonesia – Financial Regulation

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Fintech products and services in Indonesia are mainly regulated by two government bodies, Bank Indonesia and the Financial Services Authority (OJK). Bank Indonesia Regulation No. 19/12/PBI/2017 regarding the Organization of Financial Technology, dated 30 November 2017, regulates fintech activities that require licensing or registration in relation to monetary stability, financial system stability and payment systems, … Fintech in Indonesia – Financial Regulation

Establishing a Business in Indonesia – Directors and Board Composition

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Under the Indonesian Company Law, individuals capable of performing legal actions can be appointed as directors, except individuals who in the previous five years have been:   Declared bankrupt. Members of a board of directors or board of commissioners found to be at fault in causing a company to be declared bankrupt. Sentenced for a … Establishing a Business in Indonesia – Directors and Board Composition

E-commerce in Indonesia – Defamation

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As a general rule, an electronic system provider in Indonesia must maintain a reliable and secure electronic system. Under Law No. 11 of 2008 on Electronic Information and Transactions (the ITE Law), an electronic system provider shall be held responsible for the operation of its electronic system. However, in practice, it is difficult for system … E-commerce in Indonesia – Defamation

SSEK and the Employment Law Alliance

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The Employment Law Alliance (ELA) is a global network of leading labor and employment lawyers. SSEK is the ELA member firm for Indonesia. The ELA is the world\'s largest network of labor and employment lawyers, offering a comprehensive and cost-effective way for multinational companies to ensure legal compliance around the globe. The ELA network has … SSEK and the Employment Law Alliance

SSEK Contributes Article on Indonesia’s New Omnibus Law and Geothermal Resources

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SSEK partner Fransiscus Rodyanto has contributed an article to Coal & Minerals Asia magazine. The article looks at the new Omnibus Law on Job Creation and its impact on the Geothermal Law. Coal & Minerals Asia is published by Petromindo, a leading supplier of information on Indonesia\’s petroleum, mining and power sectors. For more information, go … SSEK Contributes Article on Indonesia’s New Omnibus Law and Geothermal Resources