Banking & Finance Law

We advise lenders and borrowers on facility documentation, security arrangements, and the regulatory obligations imposed by Bank Indonesia and the Financial Services Authority (OJK), across transactions ranging from working-capital facilities to structured project finance. Our security work spans the principal instruments available under Indonesian law — fiduciary security, registered under the fiduciary security system and enforceable through a title that functions, in practice, very differently from a Western-style security interest; mortgage rights over land; and pledges over shares and receivables — and we draft each with attention to perfection, priority, and enforceability, since a security interest imperfectly created is, in the event of default, no security at all.

Our finance practice extends to restructuring and workout negotiations, an area where the task is rarely to apply the law mechanically but to find the structure under which a strained relationship between creditor and debtor can still be resolved on terms both sides can live with — whether through rescheduling, partial conversion of debt, or the renegotiation of covenants that a changed commercial environment has made unworkable. We advise both sides of these negotiations: creditors seeking to preserve the value of their claim without forcing an avoidable insolvency, and debtors seeking breathing room without surrendering more than the circumstances require.

We also advise on the regulatory dimension of banking and finance — licensing, prudential compliance, anti-money laundering obligations, and the disclosure and reporting requirements that OJK imposes on regulated financial institutions and, increasingly, on fintech and digital lending platforms operating in a regulatory space that continues to evolve. Precision in documentation here is not a formality; in a dispute, the finance documents are frequently the entire basis of recovery, and a defect that seemed academic at signing can become the difference between a secured and an unsecured creditor at the moment it matters most.