Year Category: 2019

SSEK Leads Workshop on Joint Venture Agreements in Indonesia

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SSEK partner Dewi Savitri Reni (Vitri) led a full-day workshop on Wednesday, February 20, on joint venture agreements in Indonesia. The workshop, “Dissecting the Legal Aspects of Joint Venture Agreements,” took participants through the process of drafting joint venture agreements in Indonesia, including the essential legal terms for the companies in the joint venture process. … SSEK Leads Workshop on Joint Venture Agreements in Indonesia

SSEK Partners Feature at APAC HR Employment Law Congress

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SSEK partners Rusmaini Lenggogeni and Syahdan Z. Aziz will be featured speakers at the APAC HR Employment Law Congress being held May 6-7 in Singapore. With leading employment lawyers from 11 countries, the congress aims to help organizations strengthen labor compliance practices to better manage overseas workforces and employee-related matters.   The key focus of … SSEK Partners Feature at APAC HR Employment Law Congress

Indonesian Central Bank Issues Regulation on Reporting of Foreign Exchange Activities

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Indonesia’s central bank, Bank Indonesia (“BI”), has issued BI Regulation Number 21/2/PBI/2019 concerning the Reporting of Foreign Exchange Activities (“Regulation 2/2019”). This new regulation introduces several changes from the previous regulation on said activities, BI Regulation Number 16/22/PBI/2014 on the Reporting of Foreign Exchange Activities and the Reporting of Prudential Principles Activities in the Management … Indonesian Central Bank Issues Regulation on Reporting of Foreign Exchange Activities

New Limitation on the Foreign Exchange Proceeds from the Export of Natural Resources

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On January 10, 2019, the Government of Indonesia (GOI) issued Government Regulation No. 1 of 2019 regarding Foreign Exchange Export Proceeds from the Business, Management, and/or Processing of Natural Resources (GR 1/2019). In essence, GR 1/2019 requires that foreign exchange export proceeds deriving from natural resources (DHE SDA) be deposited in special accounts (Special DHE … New Limitation on the Foreign Exchange Proceeds from the Export of Natural Resources

SSEK Managing Partner Discusses ‘Intriguing Indonesia’ in ALB Magazine

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Denny Rahmansyah, managing partner of SSEK , is featured in an article on the Indonesian economy and legal market in the new edition of Asian Legal Business (ALB). The article, “Intriguing Indonesia,” looks at the trends over the past 12 months, including a booming digital economy and growing infrastructure spending, and what we can expect … SSEK Managing Partner Discusses ‘Intriguing Indonesia’ in ALB Magazine

New Regulation on the Certification and Labeling of Telecommunications Equipment and Devices in Indonesia

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The Indonesian Minister of Communication and Informatics (“MOCI“) has issued a regulation that principally governs (i) the certification of telecommunications equipment and devices following the implementation of one-door licensing through the Online Single Submission (“OSS“) system, and (ii) product labelling requirements. MOCI Regulation No. 16 of 2018 regarding Operational Provisions for the Certification of Telecommunications … New Regulation on the Certification and Labeling of Telecommunications Equipment and Devices in Indonesia

SSEK Takes Part in Indonesian Compliance Event with Toyota Group

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SSEK was recently invited to Medan, North Sumatra, to give a presentation as part of the Company Compliance Program of the Toyota Group. SSEK partner Fransiscus Rodyanto gave the presentation and engaged in a lively Q&A with representatives of 19 companies from PT Toyota Motor Manufacturing Indonesia. Also attending the event were two officials from … SSEK Takes Part in Indonesian Compliance Event with Toyota Group

Indonesia’s OJK Issues Regulation on Fit and Proper Test Reassessment

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The Indonesian Financial Services Authority (Otoritas Jasa Keuangan or “OJK“) has issued a regulation that sets the guidelines for a fit and proper reassessment of the primary parties of a financial services institution, including the scope, procedure, results and consequences of such reassessment. OJK Regulation No. 34/POJK.03/2018 regarding Fit and Proper Test Reassessment for the … Indonesia’s OJK Issues Regulation on Fit and Proper Test Reassessment

SSEK Partners Featured Speakers at BPJS Ketenagakerjaan Indonesia Event

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Dewi Savitri Reni and Stephen Igor Warokka, partners at SSEK Legal Consultants, were featured speakers at a recent BPJS Ketenagakerjaan event in Bali. The two SSEK partners provided an introduction to Indonesian law to the audience of BPJS Ketenagakerjaan employees from across Indonesia. BPJS Ketenagakerjaan is an Indonesian public legal entity (badan hukum publik) that … SSEK Partners Featured Speakers at BPJS Ketenagakerjaan Indonesia Event