A. Status Quo of Fintech in Indonesia Diverse Landscape: Fintech in Indonesia is dynamically classified into three segments: Bankable, Unbanked, and Underbanked. Bankable individuals showcase financial literacy and skills, while Unbanked individuals prefer cash transactions, and Underbanked individuals utilize financial services for simple needs like savings. Untapped Potential: Despite the growth in Indonesia’s financial sector,…
Jakarta, Indonesia — On November 8th, 2023, ADCO Law organized an ADCOCare session on Financing Alternatives for BUMD Assignment Projects from a Legal Perspective. This interactive session was held at PT Jakarta Propertindo (Perseroda) and conducted under the expert guidance of Aditya Kesha Wijayanto, our esteemed Senior Partner. The session, which was attended by the…
World’s Top Banks Collapse The global banking industry is experiencing unprecedented challenges as a result of the current economic uncertainty and the threat of a global recession. A number of major banks across the globe, from the United States to Europe, are experiencing an extraordinary crisis, which is allegedly caused by the significant amount of…
A. Executive summary The Financial Services Authority (OJK) on December 28, 2022, issued the Financial Services Authority Regulation Number 28 of 2022 (POJK 28/2022) stipulating: guidelines on how a company shall carry out Digital Insurance Brokerage Services ; human resources and core competencies required to do so; and activities which may be outsourced to other…
The challenges faced by the Indonesian banking and financial sector are growing, broadening, and becoming more dynamic. During the 2023 Financial Services Industry Annual Meeting, The President of the Republic of Indonesia, Joko Widodo, emphasized the need for caution in regulating and overseeing this sector to avoid upheaval. The President stated that macro and micro…
Together as One ADCO Law is a Member of the Alliott Global Alliance of independent professional firms.
Setiabudi Building 2, 2Nd Floor Suite 205C Jl. HR. Rasuna Said Kav. 62, Jakarta 12920 Indonesia
