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  • Article

    OJK Suspends New P2P Registrations

    The Indonesian Financial Services Authority (OJK) announced in a press release on February 24, 2020, that it was temporarily halting any new registrations for financial technology (fintech) lending.
    IndonesiaTechnology
    SSEK Law Firm
    SSEK Law Firm
  • Article

    Shipping Law – Indonesia

    Chambers Shipping 2023 covers 29 jurisdictions. The guide provides the latest information on port state control, marine casualties and owners' liability
    IndonesiaTransport
    SSEK Law Firm
    SSEK Law Firm
  • Article

    Implementation of divestment by mineral and coal mining companies

    Certain foreign investment mineral and mining companies must gradually divest their shares to Indonesian shareholders.
    IndonesiaFinance and Banking
    Makarim & Taira S.
    Makarim & Taira S.
  • Article

    Indonesia's Infrastructure Financing Deficit—ABS To The Rescue?

    Indonesia's considerable infrastructure financing deficit is a hot topic in the project finance market.
    IndonesiaFinance and Banking
    Jones Day
    Jones Day
  • Article

    Letter of Credit Requirement for Indonesian Commodities Exports Has Been Revoked

    This is a quick client alert to note that the Ministry of Trade has revoked the requirement to use letters of credit issued by a local bank for the export of certain Indonesian commodities.
    IndonesiaFinance and Banking
    O'Melveny & Myers LLP
    O'Melveny & Myers LLP
  • Article

    OJK Tightens Supervision In New Peer-to-Peer Lending Regulation

    The Financial Services Authority of Indonesia or Otoritas Jasa Keuangan, has introduced a new regulation on peer-to-peer lending, commonly known as P2P lending.
    IndonesiaFinance and Banking
    Rajah & Tann
    Rajah & Tann
  • Article

    Regulation on Credit Information Management Institutions

    Regulation No.15/1/PBI/2013 aims to open the credit information management industry in Indonesia to private investment.
    IndonesiaFinance and Banking
    Makarim & Taira S.
    Makarim & Taira S.
  • Article

    New OJK Regulation On Report On Realization Of The Use Of Proceeds From Public Offerings

    This POJK 30 will come into force on April 16, 2016 on the date of which Regulation X.K.4 shall no longer in force.
    IndonesiaCorporate/Commercial Law
    Melli Darsa & Co
    Melli Darsa & Co
  • Podcast

    Budidjaja On Air Episode 22 – Ban On Raw Material Exports (Podcast)

    This episode of Budidjaja on Air featured Shanaya Hamzardin Daya Zakir, one of the Associates of Budidjaja International Lawyers Practice Group Environment...
    IndonesiaInternational Law
    Budidjaja International Lawyers
    Budidjaja International Lawyers
  • Article

    New Bank Indonesia Regulation on Fund Transfers

    Parties who process fund transfers without a fund transfer license will be liable to a fine or up to 3 years in prison.
    IndonesiaFinance and Banking
    Makarim & Taira S.
    Makarim & Taira S.
  • Article

    New technical guidelines on marketing financial services products in Indonesia

    Circular Letter 12 provides marketing conduct guidelines for financial services providers offering services or products.
    IndonesiaFinance and Banking
    Makarim & Taira S.
    Makarim & Taira S.
  • Article

    The New Cooperatives Law

    Members must hold a Cooperative Capital Certificate, serving as evidence of capital participation in the cooperative.
    IndonesiaFinance and Banking
    Makarim & Taira S.
    Makarim & Taira S.
  • Article

    Further amendment to Bank Indonesia on commercial bank daily reports

    This amends the scope of information to be submitted to Bank Indonesia and additional codes for exempted foreign loans.
    IndonesiaFinance and Banking
    Makarim & Taira S.
    Makarim & Taira S.
  • Article

    Multiple License Policy for Banks

    This BUKU classification will determine the types of activities a bank may engage in and the services it may provide.
    IndonesiaFinance and Banking
    Makarim & Taira S.
    Makarim & Taira S.
  • Article

    Share buybacks - The second OJK Regulation

    This regulation aims to reduce the impact of a fluctuating market by regulating share buybacks by public companies.
    IndonesiaFinance and Banking
    Makarim & Taira S.
    Makarim & Taira S.
  • Article

    Model Clauses For Contracting In Asia

    The Asian Business Law Institute (ABLI) recently released Model Clauses for Contracting in Asia ("Model Clauses") under its Contract Laws in Asia project.
    IndonesiaCorporate/Commercial Law
    SSEK Law Firm
    SSEK Law Firm
  • Article

    HukumOnline's NeXGen Lawyers 2023

    She underlines that technology will not gain thinking and advocacy skills immediately.
    IndonesiaLaw Department Performance
    Budidjaja International Lawyers
    Budidjaja International Lawyers
  • Article

    Payments And Lending: Trends To Convergence In FinTech

    Originally, there were no foreign ownership limits for a non-bank company to act as an e-Wallet provider
    IndonesiaTechnology
    Morrison Foerster
    Morrison Foerster
  • Article

    Developments In The Payment System Sector In Indonesia

    SSEK Law Firm partner Winnie Yamashita Rolindrawan and associates Qafaldi Putra Ismayudha and Muhammad Nur Mahatmanta have contributed an article...
    IndonesiaFinance and Banking
    SSEK Law Firm
    SSEK Law Firm
  • Article

    SSEK Contributes To LIR On Indonesia’s Crypto And Derivatives Framework

    The article analyzes Indonesia’s recent regulatory overhaul of the crypto-asset and financial derivatives sectors, including the transfer of supervisory authority...
    IndonesiaTechnology
    SSEK Law Firm
    SSEK Law Firm

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