On 12 January 2023, the President of the Republic of Indonesia has signed the bill of Law number 4 of 2023 concerning Financial Sector Development and Reinforcement (“P2SK Law“). It aims to support, develop and reinforce financial sector in Indonesia, while also catching up with the current growth in the financial services industry. While […]

Law Number 27 of 2022 concerning Personal Data Protection REGULATORY APPROACH TO PERSONAL DATA PROTECTION AND HOW IT IMPACTS THE BUSINESS ACTORS 1. Background On 20 September 2022, the House of Representatives passed the much-anticipated bill on Personal Data Protection Law. Subsequently, on 17 October 2022, the President of the Republic of Indonesia enacted it […]

1. Background On 18 April 2022, the Financial Services Authority (“Otoritas Jasa Keuangan/OJK“) has issued Financial Services Authority Regulation number 6/POJK.07/2022 concerning Consumer and Community Protection in the Financial Services Sector (“POJK 6/2022“). This regulation is aimed at strengthening protection of customers of financial services, such as banks, insurance companies, pension funds, and peer-to-peer lending. […]

Introduction Marine transport plays a vital role in global trade. Each year around 90% of global trade, approximately 11 billion tons of cargo, is transported by sea. [1]A Press Release by World Bank, “Digitalizing the Maritime Sector Set to Boost the Competitiveness and Resilience of Global Trade,” The World Bank (worldbank.org), Jan. 21, 2021. However, […]

In a move to strengthen their team, Harvardy, Marieta & Mauren – Attorneys at Law (“HMM Attorneys”) on March 1, 2022 have effectively named two new Partners to contribute to HMM Attorneys expanding range of expertise. The decision was in line with HMM Attorneys’ expansion plan to address the market players’ growing demand for various […]

2021 came to an end. Seeing our calendars dotted with success, we know deep down, that our accomplishments were possible only because of the trust of our clients and the dedication of our team. Stepping into the beginning of a new year, we hope that we can give more successful and good legal services to […]