
Frederick Bonar Simanjuntak
Partner
Expertise
- Banking and Finance
- Corporate and Commercial
- Foreign Investment
- Mergers and Acquisitions
Makarim & Taira S.
Indonesia
Regulating the Growth of Electronic and Digital Banking Services
Makarim & Taira S., December 2020
With the rapid development of technology and the rise of new finance products and players in the fintech industry, banks are pushed to produce new products and innovative services in order to serve their customers and keep abreast of the behaviour of consumers who appreciate the convenience of digital services. In response to this, the Financial Services Authority (Otoritas Jasa Keuangan -- OJK) has issued OJK Regulation No. 12/POJK...
Aircraft Finance & Leasing in Indonesia
Makarim & Taira S., March 2020
The Indonesian aviation sector has grown rapidly over the past few years. Due to this, airlines and lessors have been capitalising on the general availability of diverse sources of funding. In particular, aircraft sale-leaseback or lease trans-actions are used more frequently due to competitive pricing and Indonesia has been trying to develop a legal framework to accommodate the financing and leasing of aircraft...
Bank Indonesia's National Payment Gateway Introduced
Makarim & Taira S., August 2018
The regulation on the national payment gateway has finally been issued. Bank Indonesia (“BI”), through its regulation No. 19/8/PBI/2017 (“PBI 19/8”) aims to establish national payment system interoperability by implementing switching interconnectivity. The following is a general overview of PBI 19/8...
Additional Articles
Published Articles:
1. Indonesian Government Relaxes Foreign Ownership Restrictions in Certain Business Sectors, published in Asian Legal Business Magazine (Asia and China edition), September 2016.
2. Acquisition of a Business in the Banking Sector in Indonesia
, published in Executiveview.com, March 2010.
3. Indonesian Government Relaxes Foreign Ownership Restrictions in Certain Business Sectors
, published in the Hong Kong Lawyer magazine, September 2016.
© Makarim & Taira S., 2021