News

ABNR Band 1 Firm in Chambers Fintech 2025

11 Dec 2024 We are thrilled to announce that ABNR has been promoted to Band 1 in the Chambers Fintech Guide 2025! This highlights our dedication to excellence and innovation in fintech.Additionally, two of our lawyers have been ranked in Band 2 for fintech:Freddy Karyadi (for the second year) and Ayik C. Gunadi (first year). Special congratulations to Freddy and Ayik! Only five Indonesian lawyers are ranked…

Indonesia Amends Immigration Law to Tighten Supervision and Enforcement

13 Nov 2024 A number of significant changes to the rules governing immigration supervision and enforcement in Indonesia have been introduced by Law No. 63 of 2024 on the Third Amendment of Law No. 6 of 2011 on Immigration (“Third Amendment”).[1] The new legislation was enacted on 17 October 2024. In this ABNR Legal Update, we will focus on the following aspects of the Third Amendment: (i) use…

ABNR Crowned ALB Indonesia Law Firm of the Year, Second Time in 3 Years

04 Nov 2024 ABNR has been crowned Indonesia Law Firm of the Year for a remarkable second time in 3 years at the Asian Legal Business (ALB) Indonesia Law Awards. In addition, the firm took prestigious awards for: Antitrust and Competition Law Firm of the Year Banking and Financial Services Law Firm of the Year Project Finance Deal of the Year Managing Partner of the Year (Mr. Emir Nurmansyah) Data Privacy and…

ABNR Gets Top Marks at Indonesian In-house Counsel Awards 2024

24 Oct 2024 ABNR was named a “Most Recommended Law Firm” across five key practice areas at the 2024 In-house Counsel Choice Awards, held on October 18 at the Westin Resort Nusa Dua, Bali. The event formed part of the wider 2024 In-house Counsel Awards organized by Indonesia’s leading legal publisher, HukumOnline, in collaboration with the Indonesian Corporate Counsel Association (ICCA). The…

Indonesia’s New Mother & Child Law Imposes Additional Obligations on Employers

11 Oct 2024 Indonesia has enacted wide-ranging new legislation on maternal and child welfare during the first 1,000 days of a child’s life ("KIA Law").[1] In the employment sphere, this imposes a variety of new obligations on employers, while simultaneously clarifying a number of existing ones. Key Takeaways for Employers From the employer’s perspective, five aspects of the KIA Law are of…

ABNR Dominates 2024 ABLJ Indonesia Law Awards: 17 Wins, ‘Indonesia Law Firm of the Year’

01 Oct 2024 ABNR has emerged from the 2024 iteration of the Asian Business Law Journal (ABLJ) Indonesia Law Awards with the firm’s largest ever haul of trophies, including the coveted “Indonesia Law Firm of the Year” title. Besides being named law firm of the year, the firm received awards in a total of 16 other categories: • Best overall law firms • Arbitration & ADR • Aviation…

Draft Presidential Regulation Envisages Mandatory Annual Legal Audits for Businesses and Other Entities

23 Sep 2024 A draft presidential regulation (“Draft”) introduced in July will, if eventually promulgated in its present form, require every Indonesian business entity (badan usaha), legal entity (badan hukum), and public entity (badan publik) to undergo an annual legal audit to assess the legality of the entity and its actions, including its levels of legal compliance and good corporate governance.…

ABNR Advises Indonesian State Rail Operator KAI on Conventional & Islamic Bond Issuances

11 Sep 2024 ABNR advised Indonesian state rail operator PT Kereta Api Indonesia (KAI) on their recent issuances of conventional and Islamic bonds under a shelf registration. The newly issued bonds consist of: IDR 700 billion of conventional bonds (Obligasi Berkelanjutan I Kereta Api Indonesia Tahap II Tahun 2024); and IDR 300 billion of Islamic bonds (Sukuk Ijarah Berkelanjutan I Kereta Api Indonesia Tahap II…

ABNR Advises Geo Energy Resources on USD 151-million Coal Road and Port Deal

26 Aug 2024 ABNR advised Singapore-based coal company Geo Energy Resources group, as project owner and guarantor, on their recently signed agreement for the USD 151-million development of an approx. 92 km coal-haul road that traverses South Sumatra and Jambi provinces, Indonesia, and a 7500 dwt coal loading berth located in South Sumatra province. Under the agreement, the new infrastructure will be designed and…

KPEI Collaborates with Other Financial Sector Institutions to Establish New Indonesian Money & Forex Clearing House

20 Aug 2024 We are pleased to share that we have assisted PT Kliring Penjaminan Efek Indonesia (ID Clear) with the drafting of the shareholders agreement for the establishment of a new central counterparty clearing house (CCP) for the Indonesian money and foreign currency (forex) markets. ID Clear is the Indonesian stock exchange’s central counterparty clearing house for securities. The agreement to set…

ABNR Open Day allows law students a fascinating peek into the life of legal professionals

14 Aug 2024 We are excited to share the success of our second ABNR Open Day, which took place on Saturday, 10 August 2024. Building upon the success of last year’s event, this year’s was even more impactful, bringing together a new wave of aspiring law students eager to take on the challenge of commercial law. Our team was delighted to welcome the students, offering them an exclusive opportunity to…

Indonesia’s FSA Issues New Regulation on Insurance Products and Marketing

19 Jul 2024 The Financial Services Authority (“OJK”) has introduced a number of significant changes as regards how insurance companies should develop and market their products. These changes are set out in OJK Regulation Number 8 of 2024 on Insurance Products and Marketing Channels for Insurance Products[1] (“Reg. 8/2024”), which supersedes OJK Regulation Number 23 of 2015 on the same…