By Ira A. Eddymurthy and Fransiscus Rodyanto The Indonesian Minister of Energy and Mineral Resources (MEMR) has issued MEMR Regulation No. 42 of 2017 regarding Supervision of Business Activities in the Energy and Mineral Resources Sector (MEMR 42/2017). The stated aim of MEMR 42/2017, which took effect on July 17, 2017, is to improve the … Government to Approve Corporate Actions in the Indonesian Energy Sector
The Indonesian Ministry of Trade (MOT) has issued two regulations with the goal of simplifying the licensing process for companies and reducing the amount of time they must spend on such matters. MOT Regulation No. 7/M-DAG/PER/2/2017 regarding the Third Amendment to MOT Regulation No. 36/M-DAG/PER/9/2007 regarding the Issuance of Trade Business License (MOT Reg. 7/2017) … Indonesia Takes Steps to Ease Licensing Process for Trade Companies
Three lawyers from SSEK Legal Consultants have been selected for inclusion in the 2017 edition of Who’s Who Legal: Energy, a comprehensive guide to the world’s leading energy lawyers. The SSEK lawyers included in the latest edition of Who’s Who Legal: Energy for Indonesia are: Dyah Soewito, partner Ira A. Eddymurthy, partner Michael D. … SSEK Partners, Advisers Recognized as Leading Energy Lawyers for Indonesia
By Fitriana Mahiddin and Syahdan Z. Aziz Indonesia’s new Negative Investment List, as recently issued in Presidential Regulation No. 44 of 2016 regarding List of Business Fields that Are Closed and Business Fields that Are Open with Requirements in the Field of Capital Investment, stipulates the foreign shareholding limitations for various business fields. Among others, … Foreign Investment and Dispute Resolution in the Indonesian Oil and Gas Sector
After graduating from the Faculty of Law at the University of Indonesia in 1992, Rusmaini Lenggogeni joined SSEK as one of our first associate lawyers. In 1994 SSEK sponsored Rusmaini to attend the Academy of American and International Law, Dallas in 1994 – starting an annual tradition that continues to this day. Rusmaini also pioneered … Attorney in Focus: Rusmaini Lenggogeni
By Fitriana Mahiddin and Syahdan Z. Aziz Gas transportation by pipeline in Indonesia is regulated under Government Regulation No. 36 of 2004 regarding Upstream Oil and Natural Gas Business Activities, as has been amended by Government Regulation No. 30 of 2009 (GR 36) and Ministry of Energy and Mineral Resources (MEMR) Regulation No. 19 of … Oil and Gas Transportation and Infrastructure in Indonesia
Ira A. Eddymurthy, a founding partner of SSEK Indonesian Legal Consultants, has been recognized as a leading lawyer for mergers and acquisitions in the 2017 edition of Who’s Who Legal: M&A and Governance. Ira leads SSEK’s M&A practice and has extensive experience working with the largest companies doing business in Indonesia. Who’s Who Legal notes … SSEK Partner Ira Eddymurthy Named a Leading M&A Lawyer for Indonesia
By Ira A. Eddymurthy and Maria Yudhitama Indonesia’s Financial Services Authority (Otoritas Jasa Keuangan or OJK) has issued a regulation that requires insurance companies in Indonesia to appoint a controller by June 2017 at the latest. OJK Regulation No. 67/POJK.05/2016 regarding Business Licensing and the Organization of Insurance Companies, Sharia Insurance Companies, Reinsurance Companies and … Insurance Companies in Indonesia Must Appoint Controller
Michael S. Carl, an international legal adviser at SSEK Indonesian Legal Consultants, was invited to give a presentation at the 3rd Global Bauxite Conference 2017 on the Bauxite Mining and Alumina Refinery Investment Environment in Indonesia. The conference was held June 14-15 in Jakarta. Michael Carl is the supervising adviser for SSEK’s mining practice. He … Bauxite Mining and Alumina Refinery Investment Environment in Indonesia
By Ira A. Eddymurthy and Maria Yudhitama The Indonesian Insurance Law (Law No. 40 of 2014 regarding Insurance) introduced a significant change regarding the shareholding composition of insurance companies. Breaking from previous policy, the Insurance Law specifically mandates that the local shareholders in an insurance company must be ultimately owned by Indonesian individuals. After the … Insurance Companies in Indonesia Must Follow Requirement on Ultimate Shareholders
