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  • 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

    New Bapepam Rules on Material Transactions and Conflict of Interest Transactions

    The Indonesian Capital Markets and Financial Institutions Supervisory Agency ("Bapepam-LK") issued new regulations on Material Transactions ("Material Transactions Rules") on 25 November 2009 and on Affiliated Transactions and Conflict of Interest (the "COI Rules") on 29 November 2009.
    IndonesiaCorporate/Commercial Law
    O'Melveny & Myers LLP
    O'Melveny & Myers LLP
  • Article

    OJK Moves To Regulate Trustee Agreement For Debt Securities Or Sukuk

    ln late April this year, OJK issued Regulation No. 20/POJK.04/2020 on Trustee Agreement for Debt Securities or Sukuk, to regulate trustees in debt securities and sukuk issuance. This regulation revokes and replaces Bapepam-LK ...
    IndonesiaCorporate/Commercial Law
    Assegaf Hamzah & Partners
    Assegaf Hamzah & Partners
  • Article

    When Indonesian Counterparties Falter: Legal Remedies For Foreign Investors

    Indonesia's growing economy offers a wealth of opportunities for foreign investors. Nonetheless, as in any jurisdiction, investors should obtain proper advice before entering commercial...
    IndonesiaCorporate/Commercial Law
    SSEK Law Firm
    SSEK Law Firm
  • Article

    Understanding The Transition Of Supervisory Authority Over Digital Financial Assets In Indonesia From Bappebti (The Commodity Futures Trading Regulatory Agency) To OJK (The Financial Services Authority)

    On 10 January 2025, the supervision of crypto assets including cryptocurrency was effectively transferred from the Commodity Futures Trading Regulatory Agency (Badan Pengawas Perdagangan Berjangka Komoditi or "Bappebti") to the Financial Services Authority (Otoritas Jasa Keuangan "OJK").
    IndonesiaFinance and Banking
    Nusantara Legal Partnership
    Nusantara Legal Partnership
  • Article

    Implementation Of Sharia Principles In Capital Markets

    In November 2015, the Financial Authority Services (Otoritas Jasa Keuangan – "OJK") issued Regulation No. 15/POJK.04/2015 on Implementation of Sharia Principles in Capital Markets ("POJK 15"), replacing Bapepam-LK Regulation No. IX.A.13 concerning Issuance of Sharia Securities ("Bapepam Reg. IX.A.13").
    IndonesiaFinance and Banking
    AKSET Law
    AKSET Law
  • Article

    Restructuring And Insolvency Guide - Indonesia

    In Indonesia, any restructuring or reorganization that relates to bankruptcy is regulated under Law No. 37 of 2004 concerning Bankruptcy and Suspension of Payment ("Bankruptcy Law").
    IndonesiaInsolvency/Bankruptcy/Re-Structuring
    Nusantara Legal Partnership
    Nusantara Legal Partnership
  • Article

    Doing Business In Indonesia - The Road to Reform: Achievements to Date, Challenges Ahead

    The impact of the regional monetary crisis in 1997–1998 included a high inflation rate, devaluation of the Indonesian rupiah, a fall in foreign investment, capital flight and a high unemployment rate. All this in turn created political as well as economic instability in the country. Three changes in government over the succeeding five years added to such problems.
    IndonesiaFinance and Banking
    Soewito Suhardiman Eddymurthy Kardono
    Soewito Suhardiman Eddymurthy Kardono
  • Article

    Updated Regulatory Overview Of Peer-to-Peer (P2P) Lending In Indonesia

    In response to the current challenges of Information Technology-Based Peer-to-Peer Lending Services ("P2P Lending") business activities in Indonesia (e.g., illegal P2P providers, personal data breach...
    IndonesiaFinance and Banking
    Nusantara Legal Partnership
    Nusantara Legal Partnership

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