Questions Remain Around Halal Certification Compliance in Indonesia

Halal Food

By Winnie Y. Rolindrawan and Alvin Saptamandra Suryohadiprojo

The Indonesian government issued Law No. 33 of 2014 concerning Halal Product Assurance (the “Halal Law”) in 2014. This was seen as an important piece of legislation, considering that Indonesia is home to the world’s largest Muslim population and halal refers to what is permissible under Islamic law. The Halal Law regulates the institution that issues halal certificates, the types of products that must be halal certified, and the procedures for business players seeking to obtain halal certification. However, the Halal Law has never been fully implemented, but the government is now targeting full compliance with halal certification requirements in 2019 as required under the law.

The halal certification requirement basically applies to all products that people consume and/or use. Pursuant to the Halal Law, products that must be halal certified include goods and/or services related to foods, beverages, medicines, cosmetics, chemical products, biologic products and genetically modified products, as well as goods used or utilized by people. Animal slaughterhouses must also be halal certified. Read more »

SSEK Advisor to Speak at Bancassurance Conference

19th Asia Bancassurance Conference

Michael S. Carl, an international legal adviser at SSEK Indonesian Legal Consultants, will be a featured speaker at the 19th Asia Conference on Bancassurance & Alternative Distribution Channels, organized by Asia Insurance Review.

The conference will be held 10-11 May in Manila, Philippines.

The conference allows banks, insurers, insurtechs, strategic partners and international top leaders to connect and explore innovative strategies to leverage the power of partnerships and collaboration. It will look at strategic solutions to improve underwriting, pricing, product innovation and customer touchpoints.

Michael Carl will present a bancassurance case study from Indonesia.

For more information on the conference or to register, please click here. Read more »

SSEK Partner a Keynote Speaker at Asia HR Employment Law Forum

SSEK

SSEK partner Syahdan Z. Aziz is a keynote speak at the upcoming Asia HR Employment Law Forum being held May 9-10 in Singapore.

The forum aims to help organizations strengthen labor compliance practices to better manage overseas workforces and employee-related matters and to avoid risks in labor disputes. The event will cover labor law updates in nine jurisdictions – Indonesia, China, Hong Kong, Malaysia, Philippines, Singapore, South Korea, Thailand and Vietnam.

Contact events@rhtacademy.com for more information and to reserve your seat. Read more »

SSEK Partner Fransiscus Rodyanto Speaks about New Indonesian Regulation on Beneficial Ownership

Fransiscus Rodyanto

SSEK partner Fransiscus Rodyanto was quoted extensively in an article by International Financial Law Review (IFLR), a leading online and print financial law publication, on Indonesia’s new regulation on beneficial ownership.

Indonesia’s president recently issued Presidential Regulation No. 13 of 2018 regarding the Implementation of the Principle on Recognizing Beneficial Ownership of Corporations in the Framework of the Prevention and Eradication of Money Laundering and Criminal Acts of Terrorism Financing.

Frans told ILFR that the enactment of the know-your-beneficial-owner principles by corporations in the framework of the prevention and eradication of money laundering and terrorism financing is a step for Indonesia toward becoming a member of the Financial Action Task Force (FATF), to help the authorities identify tax evasion, and as a safeguard against nominee arrangements. Read more »

SSEK Assists on Acquisition of Luxury Resort in Bali

Denny Rahmansyah

SSEK Indonesian Legal Consultants has assisted Minor International, one of the largest hospitality and leisure companies in the Asia-Pacific region, and Anantara Vacation Club on the acquisition of a luxury resort in Bali, Indonesia’s premier tourist destination.

Anantara Vacation Club, one of Minor International’s brands and a leader in Asia’s shared vacation ownership industry, acquired the resort in Legian, on the west coast of Bali. Anantara Vacation Club Legian Bali is set to open in June 2018.

Anantara Vacation Club Legian Bali is Anantara Vacation Club’s second Bali resort and ninth location overall.

Partner Denny Rahmansyah led the SSEK team assisting on the transaction, with Harry Kuswara and Revaldi Wirabuana, associates at the firm. Read more »

SSEK Adviser Speaks to Chinese Companies about Investing in Indonesia

Michael Carl

Michael S. Carl, an international legal adviser, at SSEK Indonesian Consultants, was a featured speaker at a recent conference in China, where he discussed foreign investment in Indonesia.

His presentation, “Indonesia: Navigating the Legal Landscape for Chinese Investors,” touched on issues including establishing a business and legal presence in Indonesia, land ownership by foreign investors and tax incentives.

You can find his presentation here, and the Chinese translation here. Read more »

SSEK Partner Denny Rahmansyah Quoted in Article on Facebook Data Breach

Denny Rahmansyah

Denny Rahmansyah, the managing partner of SSEK, was quoted extensively in an article by MLex Market Insight on the global data privacy scandal involving Facebook and the British political consulting firm Cambridge Analytica.

With Facebook facing a police investigation in Indonesia as part of the scandal, Denny discussed Indonesia’s existing laws and regulations that touch on data privacy. He also talked about the draft law on data protection that is being deliberated at the House of Representatives and is expected to provide comprehensive guidelines on data protection and privacy in Indonesia. Read more »

SSEK Named ALB Employer of Choice in Indonesia for 3rd Straight Year

ALB Employer of Choice 2018

SSEK Legal Consultants has been named a 2018 Employer of Choice for Indonesia in the annual rankings by Asian Legal Business (ALB) of the region’s best law firms to work for. This is the third straight year SSEK has been recognized as an ALB Employer of Choice.

ALB quoted one SSEK lawyer as praising the firm’s “excellent work environment, nurturing supervision and the fact that associates are not only delegated odd jobs.”

The rankings are based on the responses of private practice lawyers across Asia, as well as ALB’s own market knowledge. Law firms are ranked based on job satisfaction, remuneration, work-life balance, career prospects, mentorship, job security and other factors. Read more »

Coal Prices for Domestic Power Producers in Indonesia

Map of Indonesia

By Florence Gracia Santoso

With international coal sales prices rising, Indonesia’s Minister of Energy and Mineral Resources (“MEMR“) has taken a step to try and control the supply of coal for domestic power producers.

The MEMR has enacted MEMR Decree No. 1395 K/30/MEM/2018 dated March 9, 2018 regarding Coal Sales Price for Power Generation for the Public Interest, as amended by MEMR Decree No. 1410 K/30/MEM/2018 dated March 12, 2018 (“MEMR 1395/2018, as amended“). Read more »

SSEK Founding Partner on Thriving as a Corporate Lawyer in Indonesia

Ira Eddymurthy

Ira A. Eddymurthy, a founding partner of SSEK Legal Consultants, one of the largest and most highly regarded corporate law firms in Indonesia, was featured in a recent article on successful law firm partners.

Ira discussed life as a corporate lawyer in Indonesia and thriving in the profession over the long term. Ira began her career in 1984 and helped establish SSEK in 1992.

The Hukumonline article, in Indonesian, can be found here.