We assist clients who want to enter Indonesia's banking, financing and insurance markets, advising on all legal aspects of establishing and operating financial institutions in Indonesia.
We prepare loan agreements and security documents for financial institutions, both within and outside Indonesia, and help investors to establish and operate mutual funds and pension plans.
SSEK also serves as Indonesian counsel to foreign lenders on project finance and syndicated commercial loan transactions, and assists with corporate debt restructurings and workouts of all sizes and complexities.
SSEK acts for banks both with respect to their regulatory and corporate needs and with respect to specific banking products e.g., lending (credit cards, consumers, commercial and corporate lending), funding (savings, time-deposits and negotiable certificates of deposit), money markets, derivatives, financial institution and other treasury products, trade finance (letters of credit) and other financing transactions, whether secured or unsecured, within and outside Indonesia.
When a bank requires fund-raising in order to finance its working capital and long-term corporate needs, SSEK assists the bank and serves as Indonesian counsel in connection with the issuance of bonds, medium- and long-term notes, subordinated bonds, securitization, asset-backed securities and other types of structured finance.
New Financial Authority Proposed (OJK)
Bank Ownership: From 99% to less than 50%
Currency Law: Indonesian Govt Attempts to Bolster Local Currency