Archive for the ‘Legal Updates’ Category

Michael Carl and Bezaliel Erlan

SSEK Lawyers Discuss Private Placements in Indonesia at AIMA Conference

Michael S. Carl, an international legal adviser at SSEK Legal Consultants, and Bezaliel B. Erlan, a senior associate at the firm, were featured speakers at the recent AIMA Asia Navigating Private Placement Conferences in Hong Kong and Singapore. The Alternative Investment Management Association held the conference on October 17 in Hong Kong and October 19 [...]

Michael Carl

SSEK Adviser Delivers Updates on Banking, Insurance and Financial Technology, and Non-Cash Payment Transaction Processing in Indonesia

Michael S. Carl, an international legal adviser at SSEK Indonesian Consultants, recently provided updates to audiences in Tokyo on banking, insurance and financial technology regulation in Indonesia, and on non-cash payment transaction processing in Indonesia. You can find his update on banking, insurance and fintech in Indonesia here. And you can find his presentation on [...]

OLYMPUS DIGITAL CAMERA

Seaports in Indonesia: Regulatory Developments

A number of regulations have been issued that are significant for the regulatory development of Indonesia’s seaports sector. We highlight the most crucial of these regulations. A. Ministry of Transportation (“MOT”) Regulation No. 146 of 2016 regarding the Amendment of Ministry of Transportation Regulation No. 51 of 2015 regarding the Implementation of Seaports (the “Seaport [...]

Jakarta

Indonesia Launches New Economic Policy Package

By Michael S. Carl and Revaldi Wirabuana On August 31, Indonesian President Joko Widodo, commonly known as Jokowi, enacted the 16th economic reform package aimed at improving the ease of doing business in the country (“16th Reform Package”). This new economic policy package contains measures to accelerate the issuance of business licenses and permits at [...]

Jakarta

Anti-Corruption Developments in Indonesia

Denny Rahmansyah and Andini H. Dewi According to the Annual Report of the Corruption Eradication Commission (Komisi Pemberantasan Korupsi or “KPK”), the KPK carried out 96 examinations, 99 investigations and 76 prosecutions last year. Seventy cases were decided and received final and legally binding judgments. Judicial decisions were executed for 81 cases in 2016. These [...]

Labor & Employment

Update on Employment Law in Indonesia and Asia

SSEK Legal Consultants has contributed the Indonesia chapter to the new Asia Employment Law, a quarterly review of employment law developments across 14 jurisdictions in Asia. The review is designed to help legal and human resources advisers stay up to date on employment-related legal developments in Indonesia and around Asia. For the Indonesia chapter of [...]

Fahrul Yusuf

SSEK Contributes Indonesia Chapter to Legal 500 Technology Country Guide

Fahrul S. Yusuf, a partner at SSEK Legal Consultants, has contributed the Indonesia chapter to The Legal 500 Technology Country Comparative Guide. The guide provides a pragmatic overview of technology law across a variety of jurisdictions. Fahrul addresses a variety of issues in the IT and technology sector in Indonesia, including communications networks and their [...]

Jakarta

Government to Approve Corporate Actions in the Indonesian Energy Sector

By Ira A. Eddymurthy and Fransiscus Rodyanto The Indonesian Minister of Energy and Mineral Resources (“MEMR”) has issued MEMR Regulation No. 42 of 2017 regarding Supervision of Business Activities in the Energy and Mineral Resources Sector (“MEMR 42/2017″). The stated aim of MEMR 42/2017, which took effect on July 17, 2017, is to improve the [...]

Businessmen

Indonesia Takes Steps to Ease Licensing Process for Trade Companies

The Indonesian Ministry of Trade (“MOT”) has issued two regulations with the goal of simplifying the licensing process for companies and reducing the amount of time they must spend on such matters. MOT Regulation No. 7/M-DAG/PER/2/2017 regarding the Third Amendment to MOT Regulation No. 36/M-DAG/PER/9/2007 regarding the Issuance of Trade Business License (“MOT Reg. 7/2017″) [...]

Oil & Gas Regulation 2017

Foreign Investment and Dispute Resolution in the Indonesian Oil and Gas Sector

By Fitriana Mahiddin and Syahdan Z. Aziz Indonesia’s new Negative Investment List, as recently issued in Presidential Regulation No. 44 of 2016 regarding List of Business Fields that Are Closed and Business Fields that Are Open with Requirements in the Field of Capital Investment, stipulates the foreign shareholding limitations for various business fields. Among others, [...]