SSEK a Finalist for Indonesia Domestic Law Firm of the Year at Chambers Asia-Pacific Awards 2018

Chambers Asia Pacific 2018 Shortlisted

SSEK Legal Consultants is on the short list for the Chambers 2018 Indonesia Domestic Firm of the Year.

In the 2018 Chambers Asia-Pacific directory, SSEK is rated as a top-tier firm for Banking & Finance, Corporate/M&A, Employment, Projects & Energy, Real Estate, and Telecommunications. These rankings across multiple practice areas underline SSEK’s position as a leading full-service corporate and commercial law in Indonesia.

SSEK was named the Chambers Indonesia National Law Firm of the Year in 2013 and 2011. Read more »

SSEK Earns Top Rankings in 2018 Legal 500 Guide to Leading Lawyers and Law Firms in Indonesia

Legal 500 2018 Top Tier Firm

SSEK Legal Consultants has again been recognized as one of the leading corporate law firms in Indonesia in The Legal 500 Asia Pacific 2018 guide to the top law firms and lawyers.

Based on client feedback and the work of the firm’s lawyers, SSEK earned the highest ranking in six practice areas: Banking & Finance; Corporate/M&A; Labor & Employment; Real Estate; Restructuring & Insolvency; and Shipping.

SSEK was recommended in five other practice areas: Capital Markets; Dispute Resolution; IT & Telecoms; Projects & Energy; and Tax. Read more »

SSEK Contributes Indonesia Chapter to Bribery, Corruption and Compliance Guide

DR NAM

Denny Rahmansyah, a partner in SSEK’s risk management and compliance practice, and Nico Mooduto, an associate at the firm, have contributed the Indonesia chapter to the Global Legal Insights guide Bribery & Corruption 2018.

Denny and Nico provide an overview of the legal and enforcement regime in Indonesia, discuss key issues relating to investigation and enforcement procedures, look at corporate liability for bribery and corruption in Indonesia, and discuss the outlook and direction of the bribery and corruption regulatory regime in Indonesia.

You can find the chapter on bribery, corruption and compliance in Indonesia¬†here. Read more »

Indonesian Employment Law Update: Employers Can No Longer Terminate Employees Who Are Married to Each Other

Labor & Employment

By Dicky Tanjung

Employers in Indonesia were previously afforded the right to include in their employment contracts, company regulations or collective labor agreements a provision giving the employer the right to terminate an employee having a marital bond and/or a blood relationship with another employee in the same company.

It is understandable that employers might want to enforce such a provision, given the potential conflict of interest issues, especially if employees in the above circumstances hold strategic positions in the company (i.e., a director or finance manager), as well as the potential collusion and nepotism issues.

This right was regulated under Article 153(1)(f) of Law No. 13 of 2003 regarding Manpower (the “Manpower Law”), which prohibited an employer to terminate an employee having a marital bond and/or a blood relationship with another employee in the same company, unless the employment contract, company regulation or collective labor agreement has regulated otherwise. Read more »

Data Protection Rules and Principles in Indonesia

DR & SPT

By Denny Rahmansyah and Saprita Tahir

There are several main obligations that must be fulfilled by an electronic system provider (ESP) in Indonesia under Minister of Communication and Informatics Regulation No. 20 of 2016 regarding Personal Data Protection in Electronic Systems (MOCI Regulation 20) to ensure that personal data is processed properly.

These obligations include: Read more »

Free Employment Law Alliance Webinar on US Employment Law Developments and Outlook

ELA

The Employment Law Alliance is offering a free 90-minute webinar on Wednesday, January 10 on “Key US Employment Law Developments and What to Expect in 2018.”

This webinar will provide an overview of the most important developments in employment law in the United States in 2017, what is currently trending and what companies can expect in the months and years to come. Read more »

Legal Alert December 2017

Legal Alert

Please find the SSEK Legal Alert for December 2017. The SSEK Legal Alert is a monthly survey designed to keep you up to date with the latest legal developments in Indonesia. Read more »

SSEK Named Asian-MENA Counsel In-House Community Firm of the Year for Indonesia

Print

SSEK Legal Consultants has been recognized as an Indonesian Law Firm of the Year in multiple practice areas in Asian-MENA Counsel’s 11th annual survey of in-house counsel in Asia and the Middle East.

SSEK was recognized as a 2017 Firm of the Year for Energy & Natural Resources, and Real Estate/Construction.

The firm received honorable mentions for Compliance/Regulatory and Corporate and M&A. Read more »

Indonesian Central Bank Regulates Financial Technology

Abstract Technology Network Background

By Harry Kuswara

Indonesia’s central bank has for the first time issued a regulation designed to deal with financial technology (“fintech”) in general. Bank Indonesia (“BI”) Regulation Number 19/12/PBI/2017 regarding the Provision of Financial Technology, dated November 30, 2017 (“Reg. 19/2017″), was made public by BI on December 7.¬† The stated aim of Reg. 19/2017 is to regulate the implementation of fintech to foster innovation, ensure consumer protection, and manage risk in order to maintain monetary and financial system stability, and an efficient, safe and reliable payment system.

Reg. 19/2017 defines fintech as the use of technology in a financial system that generates products, services, technology and/or new business models, and may have an impact on monetary stability, financial system stability and/or the efficiency, fluency, security and reliability of payment systems. A fintech provider is defined as any party that organizes fintech activities.

Fintech Activities

Reg. 19/2017 divides fintech activities into the following categories: Read more »

Joint Ventures With Foreign Members in Indonesia

IEA NAM

By Ira A. Eddymurthy and Nico Mooduto

Joint ventures with foreign parties are allowed in Indonesia. The rules relating to the validity and authorization of JVs with foreign parties are mainly set out in Law No. 25 of 2007 regarding Capital Investment (the “Investment Law”).

Additionally, specific regulations issued by the Indonesian Investment Coordinating Board (Badan Koordinasi Penanaman Modal or “BKPM”) relate to JVs with foreign parties, including:

  • Regulation of the Chairman of BKPM No. 14 of 2015 regarding Guidelines and Procedures for Capital Investment, as amended.
  • Regulation of the Chairman of BKPM No. 15 of 2015 regarding Guidelines and Procedures for Investment Licensing and Non-Licensing. Read more »