NewsflashMay 15, 2018
The Indonesian Government has just issued Government Regulation No. 14 of 2018 on Foreign Ownership in Insurance Business Companies (“GR 14/2018”), which entered into force on April 18, 2018. The regulation is a mandate under Article 7 (3) of Law No. 40 of 2014, dated October 14, 2014, on Insurance (the “Insurance Law”). GR 14/2018 Read more…
NewsflashMay 8, 2018
On May 4, 2018, the Central Bank of Indonesia (Bank Indonesia – “BI”) finally issued a long-expected regulation regarding electronic money, namely BI Regulation No. 20/6/PBI/2018 on Electronic Money (“BI Reg. 20/2018”). BI Reg. 20/2018 repeals the following BI Regulations: BI Regulation No. 11/12/PBI/2009 dated April 13, 2009 on Electronic Money; BI Regulation No. 16/8/PBI/2014 Read more…
NewsflashApril 9, 2018
As boosting investment is a priority for the Government of Indonesia, the Minister of Finance (“MOF”) recently issued MOF Regulation No. 35/PMK.010/2018 dated April 4, 2018 on Granting of Corporate Income Tax Reduction Allowance (the “New Regulation”). The New Regulation revokes MOF Regulation No. 159/PMK/10/2015 dated August 18, 2015 on Granting of Corporate Income Tax Read more…
NewsflashApril 6, 2018
On March 29, 2018, Presidential Regulation No. 20 of 2018 dated March 29, 2018 on Utilization of Foreign Expatriates (“PR 20/2018”) was issued as an effort to support the national economy, to expand work opportunities through the increase of investment in Indonesia. PR 20/2018 revokes Presidential Regulation No. 72 of 2014 dated July 11, 2014 Read more…
Reproduced with permission from Law Business Research Ltd. Getting the Deal Through: Ports & Terminals 2018, (published in November 2017; contributing editor: Kirsti Massie, White & Case LLP) For further information please visit gettingthedealthrough.com
Reproduced with permission from Law Business Research Ltd. Getting the Deal Through: Ports & Terminals 2018, (published in October 2017; contributing editor: Alex Kyriakoulis, HFW) For further information please visit gettingthedealthrough.com
Reproduced with permission from Law Business Research Ltd. This article was first published in Getting the Deal Through – Fintech 2018, (published in September 2017; contributing editors: Angus McLean and Penny Miller). For further information please visit www.gettingthedealthrough.com.
Reproduced with permission from Law Business Research Ltd. This article was first published in Getting the Deal Through – Mergers & Acquisitions 2017, (published in June 2017; contributing editors: Alan M Klein). For further information please visit www.gettingthedealthrough.com.
Latest Awards & Accolades
Asialaw Market-Leading Lawyer 2018
AKSET Partner, Johannes C. Sahetapy-Engel, recognized by Asialaw as Market-Leading Lawyer 2018 for Corporate/M&A
Asialaw Leading Lawyer 2018
AKSET Partner, Arfidea D. Saraswati, recognized by Asialaw as Leading Lawyer 2018 for Energy & Natural Resources.
Asialaw Leading Lawyer 2017
AKSET Partner, Arfidea D. Saraswati, recognized by Asialaw as Leading Lawyer on Energy & Natural Resources
Asian Legal Business Philippine Law Awards 2017
AKSET was awarded Project Finance Deal of the Year in ALB Philippine Law Awards 2017. The awards ceremony was held at the Makati Shangri-La in Makati City last October 7, 2017
Mining Legal Conference – Regulatory Changes in Mining Investment: What is going on?
April 25, 2018 | Shangri-La Hotel Jakarta
AKSET Partner, Arfidea D. Saraswati, spoke about “Ministerial Regulation No.11/2018 on tender mechanism of tender of mining areas and licensing. What are implication for existing and new mining companies?” in Mining Legal Conference – Regulatory Changes in Mining Investment: What is going on?, held by Petromindo and CoalAsia Magazine.
AKSET Managing Partner, Mohamad Kadri, and AKSET Senior Associate, Gabriella M.C. Ticoalu was speaker at Law Firm Workshop 2018 at Universitas Diponegoro, Semarang
April 21, 2018 | Universitas Diponegoro, Semarang, Indonesia
On April 21, 2018, AKSET Managing Partner, Mohamad Kadri, and AKSET Senior Associate, Gabriella M. C. Ticoalu, spoke at Law Firm Workshop 2018 at Universitas Diponegoro, Semarang discussing on “Achieving Effective Business Contract in Mining Sector For Indonesian Economy”.
The event was held by Student Executive Board (Badan Eksekutif Mahasiswa – BEM) of Faculty of Law of Universitas Diponegoro and was attended by approximately 100 (one hundred) participants. The discussion started with overview on business contract in mining industry and status of renegotiation of Contract or Work of PT Freeport Indonesia with the Government of Indonesia and ended with a workshop on study case of amendment of business contract in mining sector.
AKSET Partner, Johannes C. Sahetapy-Engel was a speaker at Belt & Road Legal Service Cooperation Forum Program
April 8 to 12, 2018 | Hangzhou, Ningbo, and Shanghai, People’s Republic of China (PRC)
AKSET Partner, Johannes C. Sahetapy-Engel spoke in a session on “Helping Chinese Companies to Invest Successfully in Indonesia”, held by Capital Equity Legal Group (CELG).
The Forum took place in Hangzhou, Ningbo, and Shanghai, People’s Republic of China (PRC).
AKSET Law and TKQP (Tan Kok Quan Partnership) successfully hosted a joint seminar, titled: An Arbitration Day – Foreign Arbitration Awards
April 4, 2018 | Grand Hyatt Hotel Jakarta
At this event, AKSET Law Partner Johannes C. Sahetapy-Engel spoke about the Enforcement of Foreign Arbitral Awards – Indonesia Perspective. The topic dealt specifically with the challenges successful parties may face in attempting to get an arbitral award recognized and enforced by the Central Jakarta District Court in Indonesia under the Indonesian Arbitration Law.
TKQP Partner Karam Singh Parmar was a featured speaker on Enforcement of Arbitral Awards – Difficulties Encountered. The talk covered some of the problems or difficulties successful parties have faced in trying to enforce arbitral awards in various jurisdictions and will suggest steps that can be taken to address the same.
TKQP Senior Associate Imran Rahim was also a featured speaker on Speedier Arbitration Proceedings – SIAC Developments. The talk covered the developments in international arbitration (with particular regard to arbitrations under the auspices of the SIAC) that have led to much quicker resolution of disputes referred to arbitration.
The event took place at Grand Hyatt Hotel Jakarta on April 4, 2018.