Blog Category: Pembaruan Hukum

Indonesia‚ OJK Introduces New Regulation on IT-Based Co-Financing Services

Indonesia’s Financial Services Authority (Otoritas Jasa Keuangan or OJK) has issued a new regulation on information technology-based co-financing services, which include peer-to-peer (P2P) lending. This new regulation seeks to improve the previous regulation on the peer-to-peer lending sector, OJK Regulation No. 77 /POJK.01/2016 regarding P2P Lending Services (OJK Reg. 77/2016), and support the growth and Indonesia‚ OJK Introduces New Regulation on IT-Based Co-Financing Services

Restructuring and Insolvency in Indonesia: Overview

SSEK partners Denny Rahmansyah and Mahareksha Singh Dillon have written a Q&A guide to restructuring and insolvency law in Indonesia. Restructuring and Insolvency in Indonesia: Overview The Indonesia restructuring and insolvency Q&A provides a high-level overview of the most common forms of security granted over immovable and movable property; creditors’ and shareholders’ ranking on a Restructuring and Insolvency in Indonesia: Overview

Setting Up a Foreign-Owned Outsourcing Company in Indonesia

(15 July 2022) Indonesia\'s Omnibus Law (Law No. 11 of 2020 on Job Creation), which was issued on November 2, 2020, set new standards for employment terms and conditions by introducing new concepts and rules, including for the establishment of foreign investment outsourcing companies. The outsourcing rules under Indonesia\'s old Labor Law were confusing and Setting Up a Foreign-Owned Outsourcing Company in Indonesia

Corporate Immigration in Indonesia

SSEK partner Stephen Igor Warokka and Yan Diaz Maulana Siregar, an associate at the firm, have contributed the Indonesia chapter of the new Corporate Immigration Review. The Corporate Immigration Review surveys and analyses the most noteworthy aspects of business immigration law and practice, with a focus on the most consequential recent developments. It also covers key international treaty obligations; Corporate Immigration in Indonesia

Dispute Resolution in Indonesia

SSEK partner Mahareksha S. Dillon and Daniel Nicholas P. Pakpahan, an associate at the firm, have contributed the Indonesia chapter to Lexology Getting the Deal Through – Dispute Resolution 2022. This multi-jurisdictional guide provides local insights into litigation, arbitration and alternative dispute resolution (ADR), including court systems; limitation issues; starting proceedings and timetable for proceedings; Dispute Resolution in Indonesia

Alert for Employers in Indonesia: Time to Amend Work Rules

When the Indonesian Government issued Law No. 11 Year 2020 on Job Creation it amended and eliminated, among other things, general provisions on termination procedures and benefits previously stipulated by the Indonesian Manpower Law. The subsequent implementing regulations also specified new rules under the Job Creation Law. With these changes in mind, employers in Indonesia Alert for Employers in Indonesia: Time to Amend Work Rules

Guide to Labor & Employment Law in Indonesia

SSEK partner Syahdan Z. Aziz has contributed the Indonesia chapter to the 2022 Lexology Getting the Deal Through Labor & Employment guide. This quick reference guide provides local insight into labor and employment law. Syahdan, in the Q&A guide to Indonesia, discusses, among other topics, protected employee categories and enforcement agencies; worker representation; checks on Guide to Labor & Employment Law in Indonesia