With the increased interest in Indonesia and the impending completion of the ASEAN Economic Union, foreign investors are looking for a means to do business in Indonesia. SSEK discusses the revised Negative Investment List, the impact of the ASEAN Free Trade Area on Indonesia and Bilateral Investment Treaties.
SSEK Legal Consultants has been recognized as one of Indonesia's leading energy and infrastructure firms by IFLR1000 in the 2015 edition of its guide to the industry's leading law firms and lawyers. SSEK is described as a sophisticated practice when it comes to projects, infrastructure and energy work.
The Employment Law Alliance (ELA), the most comprehensive network of labor and employment attorneys in the world, has been recognized as an Elite law firm network in the latest edition of Chambers Global, the global legal services directory.
The Indonesian Government appears to be getting serious about stripping Regents of the authority to issue mining licenses. The Government took the first steps in this direction with Minister of Energy and Mineral Resources (MEMR) Regulation No. 27 of 2013.
The Financial Services Authority, the financial services supervisory body in Indonesia, issued more than 30 regulations in 2014 covering capital markets, banks and non-bank financial institutions. Muliaman Hadad, the chairman of the Board of Commissioners of the OJK, issued a statement that the enactment of the regulations supported the goals of the OJK in developing the financial sector in Indonesia.
Both the 2014 DNI and its predecessor allow investors from ASEAN countries to hold up to 60% share ownership in Indonesian shipping companies engaged in sea transportation business activities with foreign routes. But how effectively has this been implemented?
SSEK founding partner Ira Eddymurthy and foreign legal advisor Michael Carl have been selected for inclusion in the 2015 edition of Who's Who Legal: Capital Markets, an independent guide to the world's leading capital markets lawyers.
SSEK Indonesian Legal Consultants is shortlisted in four categories at the Asian Legal Business SE Asia Law Awards, which recognize the region's leading law firms and the top deals of the last 12 months.