Posts Tagged ‘Banking’

Partners&Advisors-n

SSEK Lawyers Recognized in 2018 Asialaw Leading Lawyers

Nine partners and foreign legal advisors at SSEK Legal Consultants have been recognized in the 2018 edition of Asialaw Leading Lawyers, the guide to the leading lawyers in Asia-Pacific. The nine were recognized as leading lawyers in Indonesia across a total of six practice areas. SSEK is a full-service corporate and commercial law firm based [...]

Legal Alert

Legal Alert May 2018

Please find the SSEK Legal Alert for May 2018. The SSEK Legal Alert is a monthly survey designed to keep you up to date with the latest legal developments in Indonesia. Legal Alert May 2018

Bank Indonesia in Yogyakarta by B10m

Bank Indonesia Sets New Limits for the Provision of E-Money

Bank Indonesia (“BI“) has issued a long-anticipated regulation on e-money that stipulates a number of requirements and prohibitions that were previously unregulated. The new regulation, BI Regulation No. 20/6/PBI/2018 regarding Electronic Money (“BI Reg 20“), revokes all existing BI e-money regulations. E-Money Classification BI Reg 20 opens with an explicit classification of e-money based on [...]

Bitcoin

Virtual Currency Is Here, So How Is Indonesia Going to Regulate It?

By Harry Kuswara Virtual currency, or cryptocurrency, has made its way to Indonesia and government agencies are working to regulate its use. But as Bitcoin, Ripple, Peercoin and other virtual currencies increasingly attract the interest of Indonesians for all kinds of reasons, there is no regulation in Indonesia that deals specifically with virtual currency, a [...]

Legal Alert

Legal Alert January 2018

Please find the SSEK Legal Alert for January 2018. The SSEK Legal Alert is a monthly survey designed to keep you up to date with the latest legal developments in Indonesia.

Legal 500 2018 Leading Individual

SSEK Lawyers Recognized as Leaders in New Legal 500 Asia Pacific Rankings

Five partners and foreign legal advisors at SSEK Legal Consultants have been recognized as Leading Lawyers for their work in multiple practice areas in The Legal 500 Asia Pacific 2018 guide to the region’s top lawyers and law firms. SSEK’s Leading Lawyers are Dyah Soewito (Projects & Energy, Shipping); Ira A. Eddymurthy (Banking & Finance, [...]

Chambers 2018 Firm

SSEK Highly Ranked in Chambers 2018 Guide to Leading Law Firms and Lawyers in Indonesia

SSEK Legal Consultants earned six firm rankings in the 2018 Chambers Asia-Pacific directory of the leading law firms and lawyers in the region, underling its standing as one of the elite corporate law firms in Indonesia. Four SSEK lawyers received individual rankings across four practice areas. SSEK was recognized as a leading firm in Indonesia [...]

Legal 500 2018 Top Tier Firm

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

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; [...]

Legal Alert

Legal Alert December 2017

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.

Data-Management-243x300

Bank Secrecy and Data Protection in Indonesia

By Winnie Y. Rolindrawan and Meta N. Mustikaningrum Banks in Indonesia are subject to bank secrecy/confidentiality obligations grounded in Law No. 7 of 1992 regarding Banking, as lastly amended by Law No. 10 of 1998 (the “Banking Law”). Under the Banking Law, banks and their affiliates are required to keep confidential information regarding its depositing [...]