Banking & Finance
Asia-Pacific Guide 2024 : Indonesia
Band 3
Email address
[email protected]About
Provided by UMBRA
In UMBRA, we require all of our lawyers focusing on banking & financial institution to master the constantly changing regulatory environment in this sector and use our experience to provide our clients with essential, time-sensitive counsel. We tailor our integrated knowledge whether we are interpreting the intricate details of financial institutions regulations, giving real-world “street practice” advice, or strategizing on complex regulatory compliance.
Our team comprises of expert and experienced lawyers who bring immense regulatory and compliance knowledge. We have advised on the myriad of regulations and trading practices applicable to banks, securities companies, and other financial service firms and on the structuring of complex and novel financing products.
Given the heavily regulated nature of the financial services industry, we help clients comply with these sophisticated rules and stay abreast of ongoing developments using our long experience in the industry and strong working relationships with financial regulators. We also advise financial institutions on corporate governance, internal controls requirements, and transaction and regulatory reporting structures. We strive to solve our clients’ issues by combining practical legal advice together with solid understanding on the local application of Indonesian financial regulations.
Chambers Review
UMBRA is a notable law firm in Jakarta which handles project finance, especially on behalf of state-owned enterprises, as well as lenders. The firm is regularly mandated on financing transactions in the power, TMT and mining sectors. The team often handles deals that involve both conventional and Shari'a-compliant facilities. Clients include PLN, Sarana Multi Infrastruktur and Loka Holding.
Work Highlights
- UMBRA advised Bank Syariah Indonesia on the provision of a IDR750 billion loan facility to Medco Power Indonesia for the financing of a renewable energy project.
Strengths
Provided by Chambers
"They are specialised lawyers with in-depth knowledge and awareness of the financial services industry and other local regulations. We consider them as a highly valued external resource."
"The UMBRA team is responsive and able to provide perfect solutions to our problems and needs."
"They are specialised lawyers with in-depth knowledge and awareness of the financial services industry and other local regulations. We consider them as a highly valued external resource."
"The UMBRA team is responsive and able to provide perfect solutions to our problems and needs."
Notable Practitioners
Putu Raditya Nugraha is a senior partner within UMBRA's Jakarta office. His practice covers project financing and fintech, among other areas.
"We are happy with his creativity in providing solutions to complex legal problems, as well as his vast experience in his field which contributes greatly to our decision making."
"His level of service is excellent."