BACK TO SSEK.COMWritten by Ira Eddymurthy & Maria Yudhitama On October 27, 2011, Parliament signed the Law regarding the Financial Service Authority (Undang-Undang tentang Otoritas Jasa Keuangan) (“OJK Law”). We expect the President of the Republic Indonesia will sign the bill within 30 days after being signed by Parliament. The OJK Law makes provisions for the creation [...]
Archive for November, 2011
Legal Alert October 2011
November 29th, 2011 
david Please find attached the latest Legal Alert for October 2011. SSEK’s Legal Alert is a monthly survey designed to keep you up to date with the latest legal developments in Indonesia. Click here: Legal Alert_October_2011
Posted in Legal Alerts 
Tags: Banking, Capital Markets, finance, indonesia, Legal Alert, Tax, Telecoms, Trade 
No Comments »Bank Ownership: From 99% to less than 50%
November 24th, 2011 david Written by Bezaliel B. Erlan. Bankers and investors in Indonesia are now restless in the face of growing uncertainty in terms of investment in Indonesian banks and proposed possible limits on shareholding. This is due to Bank Indonesia’s (the Indonesian Central Bank or BI) draft regulation on bank ownership, which is still only on a [...]
A Guide to Dispute Resolution in Indonesia
November 22nd, 2011 david Our blog series on legal dispute resolution issues in Indonesia is now complete. In the first 4 posts, Richard Emmerson and Dimas Eddymurthy looked at litigation in the courts. In the following 4 posts, Michael Carl and Dewi Savitri Reni examined issues in Indonesian arbitration. The following topics were covered: Litigation Overview Litigation Process Class [...]
Posted in Legal Updates Tags: Arbitration, Class Actions, Contracts, Courts, Dispute Resolution, indonesia, Litigation No Comments »A Guide to Dispute Resolution in Indonesia: Arbitration Awards & Enforcement
November 16th, 2011 david This is the last post of our 8-part blog series on legal dispute resolution in Indonesia. In the first 4 posts, Richard Emmerson and Dimas Eddymurthy looked at litigation in the courts. In the following 5 posts, Michael Carl and Dewi Savitri Reni examined Indonesian arbitration. We’ve also published an overview of litigation and arbitration. [...]
Posted in Legal Updates Tags: Arbitration, Awards, Contracts, Courts, Dispute Resolution, indonesia No Comments »
Currency Law: Indonesian Govt Attempts to Bolster Local Currency
November 10th, 2011 david Written by Ira Eddymurthy and P Patricia Adams To build international and national confidence in the Rupiah, Indonesia implemented Law No. 7 of 2011 on Currency on May 31, 2011. It will ensure the dominance of the Rupiah by requiring that all payments be made in that currency. The most important section of the currency [...]
Posted in Legal Updates, slideshow Tags: Banking, Contracts, Currency Law, Hotels, indonesia, Natural Resources, Oil & Gas, Reform, Tourism No Comments »A Guide to Dispute Resolution in Indonesia: Insolvency and Arbitration
November 9th, 2011 david This is the seventh part of our 8-part blog series on legal dispute resolution in Indonesia. In the first 4 posts, Richard Emmerson and Dimas Eddymurthy litigation in the courts. In the following 5 posts, Michael Carl and Dewi Savitri Reni examine Indonesian arbitration. We’ve also published an overview of litigation and arbitration. INSOLVENCY & [...]
Attorney in Focus: Dicky Tanjung
November 8th, 2011 david Every year since 1994, SSEK has sent one of our associates to study overseas as part of our professional development program. Today, we talk with Dicky Tanjung about this recent overseas study trip. We understand that you recently studied overseas. Where did you go and why? I was fortunate and grateful to be considered by [...]
A Guide to Dispute Resolution in Indonesia: Procedural Rules
November 4th, 2011 david This is the 6th part of our 8-part blog series on legal dispute resolution in Indonesia. In the first 4 posts, Richard Emmerson and Dimas Eddymurthy look at litigation in the courts. In the following 4 posts, Michael Carl and Dewi Savitri Reni examine Indonesian arbitration. We’ve also published an overview of litigation and arbitration. [...]
Legal Alert September 2011
November 2nd, 2011 david Please find attached the latest Legal Alert for September 2011. SSEK’s Legal Alert is a monthly survey designed to keep you up to date with the latest legal developments in Indonesia. Click here: Legal Alert_September_2011
Posted in Legal Alerts Tags: Banking, Energy, Environment, Health, indonesia, Investment, Natural Resources, Tax, Trade No Comments »
