Indonesia has ratified the 1972 International Regulations for Preventing Collisions at Sea, by way of Presidential Decree No. 50 of 1979, but has not ratified the Convention for the Unification of Certain Rules of Law with respect to Collisions between Vessels. Liability in the event of ship collisions is also regulated by the Indonesian Commercial … Ship Collision and Salvage in Indonesia
SSEK Law Firm and Castle Asia, a consulting firm with more than 30 years of experience in Indonesia, recently held a special event to discuss Indonesia’s planned new capital, Capital City of Nusantara (Ibu Kota Nusantara or IKN). The event, “Nusantara’s Development Trajectory and Long-Term Planning,” featured Bambang Susantono, Presidential Special Envoy for International Cooperation … SSEK Helps Host Special Event on Indonesia’s New Capital
SSEK Law Firm founding partner Ira A. Eddymurthy was quoted in an Asia Business Law Journal article on legal and business expectations in Indonesia following the election in February. Ira, discussing the reactions of foreign clients to the election and the change of leadership, said clients wanted to see the new composition of the ministries, … SSEK Founding Partner Quoted in ABLJ Article on Legal and Business Trends in Indonesia
Stephen Igor Warokka, supervising partner of SSEK Law Firm’s corporate immigration practice and a partner in the firm’s labor and employment practice, was quoted in a recent Hukumonline article on Indonesia’s new Golden Visa program. The program offers long-term residency to qualified foreign nationals. Stephen was asked about the facilities and benefits under the Golden … SSEK Partner Stephen Warokka Quoted in Article on Indonesia’s New Golden Visa Program
A new Indonesian Financial Services Authority (Otoritas Jasa Keuangan or “OJK”) regulation set to come into effect shortly will affect the products and marketing of insurance companies in Indonesia. OJK Regulation No. 8 of 2024 regarding Insurance Products and Marketing Channels for Insurance Products (“OJK Reg. 8/2024”) was stipulated on April 25, 2024, and will … Indonesia Legal Update: New OJK Regulation on Insurance Products and Marketing
SSEK Law Firm partner Fitriana Mahiddin and associates Fadhira Mediana and Laila Maghfira Andaretna have contributed the Indonesia chapter to the Oil, Gas and the Transition to Renewables 2024 global guide published by Chambers and Partners. SSEK provides the latest legal information for Indonesia on petroleum ownership; national oil or gas companies; private investment in … Oil, Gas and the Transition to Renewables – Indonesia
The crypto industry in Indonesia falls under the auspices of the Commodity Futures Trading Regulatory Agency (Bappebti), under the Ministry of Trade (MOT) and in coordination with other institutions such as the Financial Services Authority (OJK), Bank Indonesia (BI) and the Ministry of Communication and Informatics (MOCI). The MOT has acknowledged cryptoassets, including but not … Regulating the Promotion or Use of Cryptoassets in Indonesia
Indonesia’s Company Law (Law No 40 of 2007 regarding Limited Liability Companies, as last amended by the provisions of the Job Creations Law) recognizes three primary bodies within the corporate structure of Indonesian companies: the board of directors (BOD), the board of commissioners (BOC), and the general meeting of shareholders (GMS). Each of these principal … Corporate Governance in Indonesia: Management of a Company
SSEK Law Firm partner Dewi Savitri Reni (Vitri) was a featured speaker at the recent GC Summit Indonesia 2024 organized by The Legal 500. Vitri delivered opening comments at the event, touching on the current legal landscape in Indonesia and the importance of the summit in bringing together leading lawyers to share best practice and … SSEK Partner Speaks at GC Summit Indonesia
Pursuant to Law No. 27 of 2022 regarding Personal Data Protection (PDP Law), personal data is understood as all data concerning a person, whether identified or who may be identified independently or when combined with other information, either directly or indirectly, through an electronic or non-electronic system. The PDP Law recognizes two types of personal … Indonesia Data Protection: What Categories and Types of Personal Information Are Covered by the Law?
