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
The Legal 500 has named SSEK Indonesian Legal Consultants senior partner Ira A. Eddymurthy to its inaugural Asia Pacific Hall of Fame. Ira was recognized for banking and finance. You can see Ira\'s interview for The Legal 500 Hall of Fame here. The Legal 500 Hall of Fame recognizes individuals who have received constant praise from … SSEK Partner Ira Eddymurthy Named to Legal 500 Hall of Fame
By Ira A. Eddymurthy and Indrawan D. Yuriutomo In response to the COVID-19 pandemic and its possible effect on the banking and financial sectors, Indonesia\'s Financial Services Authority (Otoritas Jasa Keuangan or \"OJK‚Äù) has issued a regulation to encourage mergers between problematic banks. OJK Regulation No. 18/POJK/03/2020 regarding Written Order to Handle Problematic Banks (“POJK 18/2020“) … COVID-19: KPPU and OJK Address Mergers Between Problematic Banks in Indonesia
