An Indonesian leading national publication, The Jakarta Post, has published an article by Andre Rahadian and Erwin Kurnia Winenda, Partners in Dentons HPRP, on Fintech firms’ development and ethical concerns about how these firms conduct their business. 

The article discusses the firms’ heavy focus on expansion and customers’ lack of understanding of the services and risks being offered, which is what raises ethical concerns. The government’s regulations are steps in the right direction, but the government has yet to release implementation guidance on these regulations. Andre and Erwin, both of whom have extensive experience in providing legal assistance in the fintech industry, present a write up about the concerns and suggestions for all stakeholders - the government, the firms themselves, and the AFPI – to help the industry out of its teething problems.

The published article can be found here.

Dentons HPRP has experience in providing legal advice for the financial technology sector. The firm has been assisting Fintech related projects, among others, major venture capital companies who seek to implement their investments in local start-ups in Indonesia, the establishment of potential Fintech start-ups, and drafting operational agreements for start-ups. To promote financial inclusivity,

Dentons HPRP is committed to enhance Fintech development in Indonesia by providing legal solutions to the stakeholders and understanding not only of legal but also commercial problems in the industry.

For further information related to the services provided, please contact the partners listed under key contacts.

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