According to the Annual Report of the Corruption Eradication Commission (Komisi Pemberantasan Korupsi or KPK), the KPK carried out 96 examinations, 99 investigations and 76 prosecutions last year. Seventy cases were decided and received final and legally binding judgments.
SSEK senior partner Ira A. Eddymurthy was a featured speaker at a recent half-day seminar on Fair Business Competition in Legal Services in Indonesia, held in Jakarta by the Association of Capital Market Legal Consultants.
SSKE's Fahrul S. Yusuf has contributed the Indonesia chapter to The Legal 500 Technology Country Comparative Guide. The guide provides a pragmatic overview of technology law across a variety of jurisdictions.
SSEK is celebrating its 25th anniversary as one of Indonesia's leading corporate law firms. SSEK opened its doors on August 19, 1992, in the heart of Jakarta's business district, with founding partners Dyah Soewito and Ira A. Eddymurthy, to provide world-class legal services to companies doing business in the growing Indonesian economy.
The Indonesian Minister of Energy and Mineral Resources has issued a regulation to improve the supervision of business entities in the energy and mineral resources sector in part by closing regulatory gaps.
Indonesia's new Negative Investment List stipulates the foreign shareholding limitations for various business fields. Among others, onshore drilling is closed to foreign investment while offshore drilling is restricted to a maximum of 75% foreign shareholding.