Expertise: Perbankan & Keuangan

Indonesia’s Financial Sector Omnibus Law: Securities Crowdfunding

In January 2023, Indonesia enacted Law No. 4 of 2023 on Financial Sector Development and Strengthening, or in Indonesian Pengembangan dan Penguatan Sektor Keuangan (PPSK), which is better known as the Financial Sector Omnibus Law, to regulate the country’s financial sector. Comprising 27 chapters and 341 articles and replacing or amending 17 laws, the Financial Indonesia’s Financial Sector Omnibus Law: Securities Crowdfunding

3 SSEK Partners Named to Who’s Who Legal: Southeast Asia 2023

SSEK Law Firm partners Ira A. Eddymurthy, Denny Rahmansyah and Winnie Yamashita Rolindrawan have been recognized as leading practitioners for Indonesia in Who’s Who Legal: Southeast Asia 2023. SSEK’s partners were recognized as leading practitioners for:   Ira A. Eddymurthy – Banking, Energy Denny Rahmansyah – Real Estate Winnie Yamashita Rolindrawan – Fintech & Blockchain 3 SSEK Partners Named to Who’s Who Legal: Southeast Asia 2023

SSEK’s Winnie Rolindrawan Named Rising Star Partner for Indonesia

SSEK Law Firm’s Winnie Yamashita Rolindrawan has been named a Rising Star Partner for Banking in the IFLR1000 2023-24 directory of leading financial and corporate law firms and lawyers in Indonesia. Winnie represents major domestic firms and multinational companies in a variety of transactions, with a focus on financial services, fintech, e-commerce, data privacy and SSEK’s Winnie Rolindrawan Named Rising Star Partner for Indonesia

Indonesia Natural Resources Sector – New Requirements for Depositing Foreign Exchange Export Proceeds into Indonesian Financial System

The President of Indonesia, Joko Widodo, recently enacted Government Regulation No. 36 of 2023 regarding Foreign Exchange Export Proceeds from the Business, Management, and/or Processing of Natural Resources (“GR 36”). GR 36 stipulates new requirements for exporters of natural resources to deposit their foreign exchange export proceeds (Devisa Hasil Ekspor dari Barang Ekspor Sumber Daya Indonesia Natural Resources Sector – New Requirements for Depositing Foreign Exchange Export Proceeds into Indonesian Financial System

SSEK Partners Named to Women in Business Law Expert Guide

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‚ 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

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

International Secured Transactions – 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