Expertise: Risk Management & Compliance

Criminal Liability for Corporations Under Indonesia’s New Criminal Code

Indonesia recently unveiled its new Criminal Code (Kitab Undang-Undang Hukum Pidana or “KUHP”). This article looks specifically at how the new KUHP affects corporations in Indonesia and key provisions of which companies should be aware.   Corporate Criminal Liability The new KUHP introduces a set of provisions on corporate criminal liability which were previously provided Criminal Liability for Corporations Under Indonesia’s New Criminal Code

SSEK Partner Discusses the Business Judgment Rule in an Indonesian Context

Ira A. Eddymurthy, a founding partner of SSEK Legal Consultants, was a featured speaker at a recent Hukumonline webinar, \"Application of the Business Judgment Rule Doctrine in Indonesia in Corporate Business Activities.” The event discussed the Business Judgement Rule as a form of protection for company organs that carry out their duties in accordance with SSEK Partner Discusses the Business Judgment Rule in an Indonesian Context

SSEK’s Ira Eddymurthy Featured at Asia-Pacific Summit on Anti-Corruption and Compliance

SSEK Indonesian Legal Consultants senior partner Ira A. Eddymurthy was a featured speaker at the recent American Conference Institute 9th Summit on Anti-Corruption and Compliance РAsia Pacific. Ira spoke as part of a session on \"Practical Implications of Malaysia\'s New Corporate Liability Law and Indonesia\'s Anti-Bribery Efforts.” The ACI Asia-Pacific Summit on Anti-Corruption and SSEK’s Ira Eddymurthy Featured at Asia-Pacific Summit on Anti-Corruption and Compliance

Join SSEK at Asia-Pacific Summit on Anti-Corruption and Compliance

SSEK Indonesian Legal Consultants senior partner Ira A. Eddymurthy will be a featured speaker at the upcoming American Conference Institute 9th Summit on Anti-Corruption and Compliance – Asia Pacific. This virtual conference is scheduled for March 9-11, 2021. You can register for the conference here. Use the discount code S10-965-965L21.S for a 10% discount off Join SSEK at Asia-Pacific Summit on Anti-Corruption and Compliance

Join SSEK at Virtual Asia-Pacific Summit on Anti-Corruption and Compliance

SSEK Indonesian Legal Consultants senior partner Ira A. Eddymurthy will be a featured speaker at the upcoming American Conference Institute 9th Summit on Anti-Corruption and Compliance – Asia Pacific. This virtual conference is scheduled for March 9-11, 2021. You can register for the conference here. Use the discount code S10-965-965L21.S for a 10% discount off Join SSEK at Virtual Asia-Pacific Summit on Anti-Corruption and Compliance

Corporate Governance in Indonesia – Board Size and Composition

By Winnie Y. Rolindrawan and Mutiara Kasih Ramadhani In Indonesia, the size, composition and procedures for the appointment, replacement and dismissal of the board of directors (BOD) and board of commissioners (BOC) are determined in the articles of association (AOA) of the company. Law No. 40 of 2007 regarding Limited Liability Companies (the Company Law) Corporate Governance in Indonesia – Board Size and Composition

Join SSEK at ACI Virtual Asia-Pacific Summit on Anti-Corruption and Compliance

SSEK Indonesian Legal Consultants senior partner Ira A. Eddymurthy will be a featured speaker at the upcoming American Conference Institute 9th Summit on Anti-Corruption and Compliance – Asia Pacific. This virtual conference is scheduled for March 9-11, 2021. You can register here. If you register by January 15, use the SSEK speaker code S10-965-965L21.S for a 10% Join SSEK at ACI Virtual Asia-Pacific Summit on Anti-Corruption and Compliance

Corporate Governance in Indonesia – Responsibilities of the Board

By Winnie Y. Rolindrawan and Mutiara Kasih Ramadhani The predominant board structure in Indonesia is best categorized as two-tier. The first tier is the board of directors (BOD), which acts as an executive to the company and is responsible for its day-to-day operation (article 92(1) of Law No. 40 of 2007 regarding Limited Liability Companies Corporate Governance in Indonesia – Responsibilities of the Board

Corporate Governance in Indonesia – Corporate Control

By Winnie Y. Rolindrawan and Mutiara Kasih Ramadhani There is nothing in the law that prohibits anti-takeover devices. Notwithstanding this, Law No. 40 of 2007 regarding Limited Liability Companies (the Company Law) protects the interests of minority shareholders; minority shareholders who do not agree with the takeover can request the target company to purchase their Corporate Governance in Indonesia – Corporate Control