Posts Tagged ‘Banking’

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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 [...]

Legal Alert

Legal Alert September 2017

Please find the SSEK Legal Alert for September 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

Data Protection in the Indonesian Financial Services Sector

By Winnie Y. Rolindrawan and Meta N. Mustikaningrum The Indonesian Minister of Communication and Informatics (“MOCI”) issued Regulation No. 20 of 2016 regarding the Protection of Personal Data in Electronic Systems (“MOCI Reg. 20″) to regulate the protection of personal data by electronic system providers in Indonesia. This regulation strengthens existing data protection obligations (e.g., [...]

ALB Indonesia Law Awards 2017

SSEK a Finalist in 12 Categories at ALB Indonesia Law Awards

Underlining the strength and depth of SSEK Legal Consultants, the firm and its lawyers are finalists in 12 categories at the upcoming ALB Indonesia Law Awards. SSEK is a finalist in the following categories: Banking and Financial Services Law Firm of the Year Labor and Employment Law Firm of the Year Maritime Law Firm of [...]

IFLR Top Tier Firm 2018

SSEK Recognized as Leading Firm in Indonesia in 2018 IFLR1000 Financial and Corporate Law Rankings

SSEK Legal Consultants has been recognized as one of Indonesia’s leading law firms across multiple practice areas in IFLR1000′s 2018 rankings of the world’s leading financial and corporate law firms and lawyers. SSEK received the highest ranking for its M&A and Restructuring & Insolvency practices. SSEK was also recognized as one of Indonesia’s top law [...]

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 [...]

Asialaw 2017

SSEK Lawyers Recognized in 2017 Asialaw Leading Lawyers

Nine partners and foreign legal advisors at SSEK Legal Consultants were recognized in the 2017 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 in [...]

Labor & Employment

Salaries of Foreign Workers Seconded to Indonesia

By Wynne Prasetyo Bank Indonesia has refined its position regarding the exemption of a cross-border supply of services from the currency requirement, particularly in the case of a foreigner who is employed by a foreign company and seconded to an Indonesian company (Article 8.(1).b.1 of Bank Indonesia Regulation No. 17/3/PBI/2015 and Article C.3.b.1 of Bank [...]

Legal Alert

Legal Alert February 2017

Please find the SSEK Legal Alert for February 2017. The SSEK Legal Alert is a monthly survey designed to keep you up to date with the latest legal developments in Indonesia. Click here: Legal Alert February 2017

Chambers Asia 2017 Leading Individual

SSEK Lawyers Highly Ranked in New Chambers Directory

Five SSEK partners and foreign legal advisors have been recognized as leading practitioners in Indonesia across a host of practice areas in the 2017 Chambers Asia-Pacific directory of the leading lawyers in the region. SSEK founding partner Ira A. Eddymurthy received a Band 1 ranking from Chambers for Corporate/M&A. Darrell R. Johnson, a senior foreign [...]