Year Category: 2023

Indonesia Capital City of Nusantara: New Regulation Establishes Special Authorities of IKN Authority

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The Indonesian government continues taking steps to ensure legal certainty over Indonesia’s plan to relocate its capital from Jakarta to the Capital City of Nusantara (Ibu Kota Nusantara or “IKN”), as it recently issued Government Regulation (“GR”) No. 27 of 2023 dated May 15, 2023, regarding the Special Authorities of the IKN Authority (“GR 27/2023”). … Indonesia Capital City of Nusantara: New Regulation Establishes Special Authorities of IKN Authority

Indonesia Tax Court Reform: Authority Over Tax Court Moves from Finance Ministry to Supreme Court

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Indonesia’s Constitutional Court recently issued a decision on the reform of the Tax Court that will see authority over the organizational development, administration and financing of the Tax Court transferred from the Ministry of Finance to the Supreme Court. Constitutional Court decision No. 26/PUU-XXI/2023 was issued on May 3, 2023, but was only made public … Indonesia Tax Court Reform: Authority Over Tax Court Moves from Finance Ministry to Supreme Court

Corporate Immigration – Indonesia

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The Corporate Immigration Review, 13th edition The Corporate Immigration Review surveys and analyzes the most noteworthy aspects of business immigration law and practice worldwide, with a focus on the most consequential recent developments. In addition to providing an insightful introduction to the immigration framework in each jurisdiction, it also covers key international treaty obligations; residence … Corporate Immigration – Indonesia

Indonesia Employment Law Alert: Employers to Take Note of New Guidelines on Sexual Violence in the Workplace

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On May 29, 2023, Indonesia’s Ministry of Manpower (“MOM”) issued MOM Decree No. 88 Year 2023 regarding Guidelines for the Prevention and Handling of Sexual Violence in the Workplace (“MOM Decree No. 88”). Highlights of MOM Decree No. 88 include the new obligation for companies to establish a task force for the prevention and handling … Indonesia Employment Law Alert: Employers to Take Note of New Guidelines on Sexual Violence in the Workplace

Five SSEK Lawyers Named to Asia Business Law Journal’s 2023 A-List of Indonesia’s Top 100 Lawyers

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Five lawyers from SSEK Law Firm have been recognized in the new Asia Business Law Journal A-List of Indonesia’s Top 100 Lawyers. The SSEK lawyers on the 2023 list are:   Ira A. Eddymurthy Denny Rahmansyah Michael D. Twomey Jonathan M. Streifer Michael S. Carl The Asia Business Law Journal A-List lawyers are notable for … Five SSEK Lawyers Named to Asia Business Law Journal’s 2023 A-List of Indonesia’s Top 100 Lawyers

Indonesia: Job Creation Regulation Becomes Law with Issuance of Law No. 6 of 2023

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Indonesia’s House of Representatives recently approved into law Government Regulation in Lieu of Law No. 2 Year 2022 on Job Creation (“Job Creation Regulation”), based on Law No. 6 Year 2023 on the Stipulation of Government Regulation No. 2 of 2022 in Lieu of Law No. 11 of 2020 on Job Creation into Law (“Law … Indonesia: Job Creation Regulation Becomes Law with Issuance of Law No. 6 of 2023

Indonesia: New OJK Regulation and the Impact on Employee Share Plans

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Indonesia’s Financial Services Authority (Otoritas Jasa Keuangan or “OJK”) has enacted new rules to regulate, inter alia, share ownership plans granted by foreign listed entities to employees, directors, and commissioners of their subsidiaries (“Employee Plan”). OJK Circular Letter No. 33/SEOJK.04/2022 dated December 30, 2022, regarding Guidelines for the Implementation of Securities Offerings Classified as Non-Public … Indonesia: New OJK Regulation and the Impact on Employee Share Plans

Fintech – Indonesia

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The Financial Technology Law Review, 6th edition The Financial Technology Law Review provides an in-depth global overview of the fast-evolving fintech sector. It covers the most salient points of law and practice in each jurisdiction, including key licensing and other regulatory requirements, common business models and digital markets, intellectual property, data protection and much more. … Fintech – Indonesia

SSEK Partner Mahareksha S. Dillon to Speak at Asset Recovery Asia Event

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SSEK Law Firm partner Mahareksha S. Dillon will be a featured speaker at an upcoming Asset Recovery Asia conference, Fraud Litigation, Enforcement & Contentious Insolvency. The conference is scheduled for May 21-23, in Kuala Lumpur, Malaysia. The Asset Recovery conference series is the premium conference series for fraud and insolvency practitioners. This Asia-focused event brings … SSEK Partner Mahareksha S. Dillon to Speak at Asset Recovery Asia Event