SSEK Legal Consultants senior partner Ira A. Eddymurthy and managing partner Fitriana Mahiddin have been recognized in the 2022 Guide to the World’s Leading Women in Business Law, the international legal market’s leading guide to the top female legal practitioners advising on business law. Ira and Fitriana were recognized as follows: Ira A. Eddymurthy – Banking … SSEK Partners Named to Women in Business Law Expert Guide
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
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
SSEK partners Ira A. Eddymurthy and Dewi Savitri Reni (Vitri) have contributed the Indonesia chapter to International Secured Transactions, published by Thomson Reuters, in conjunction with the Center for International Legal Studies. International Secured Transactions examines the UNCITRAL (United Nations Commission on International Trade Law) Draft Guide on Secured Transactions, which is designed to promote increased … International Secured Transactions – Indonesia
Indonesia\'s central bank, Bank Indonesia (\"BI‚Äù), has issued several regulations that reform the legal framework for payment systems in Indonesia. BI Regulation No. 22/23/PBI/2020 concerning Payment Systems (\"BI Reg 22/2020‚Äù), issued on July 1, 2021, is an umbrella regulation that reclassifies payment system providers into: Payment System Providers (Penyedia Jasa Pembayaran or \"PJP‚Äù), which are … Indonesia Legal Update: BI Regulations on Payment Systems
In Indonesia, loan agreements in a peer-to-peer lending platform are acknowledged and regulated. Based on Financial Services Authority (OJK) Regulation No. 77/POJK.01/2016 regarding Information Technology-Based Money Lending Services, dated 29 December 2016, there are two agreements in a peer-to-peer lending scheme: an agreement between the provider of the peer-to-peer lending service (the provider of … Fintech in Indonesia – P2P and Marketplace Lending
The Indonesian Currency Law and Bank Indonesia (“BI”) Regulation No. 17/3/PBI/2015 regarding the Mandatory Use of Rupiah restrict most transactions within Indonesian territory from being carried out using foreign currency. Core upstream activities in Indonesia are exempted from this requirement for a certain period of time, such as expenditures in relation to the first three … Indonesia Oil & Gas Regulation – Currency Exchange Restrictions
SSEK senior partner Ira A. Eddymurthy has been recognized in the new edition of Who\'s Who Legal: Banking. She was one of only five lawyers recognized in Indonesia. Who\'s Who Legal: Banking is an in-depth guide to the leading banking lawyers around the world. Recognized lawyers are singled out for their expertise in representing financial … SSEK Partner Ira Eddymurthy Named a Leading Lawyer for Banking in Indonesia
Consumer lending is regulated in Indonesia, with a particular focus on information technology-based money lending services (peer-to-peer lending), as regulated under Financial Services Authority (OJK) Regulation No. 77/POJK.01/2016 regarding Information Technology-Based Money Lending Services, dated 29 December 2016. The OJK has the authority to regulate, register and issue licenses, as well as supervise the fintech … Fintech in Indonesia – Consumer Lending
Ira A. Eddymurthy, a founding partner of SSEK Legal Consultants, has been recognized as a leading lawyer in Indonesia for banking in the 2020 edition of Who\'s Who Legal: Banking. Ira was one of only five lawyers recognized in Indonesia. Ira is a supervising partner of SSEK\'s banking and finance practice. Who\'s Who Legal notes that Ira … SSEK Partner Ira Eddymurthy Named a Leading Lawyer for Banking in Indonesia
