Overview

Indonesia has revised its legal framework with respect to the Development and Strengthening of the Financial Sector (Law No. 4 of 2026 jo). The banking industry, finance companies, and savings and loan cooperatives are all substantially affected by Law No. 4 of 2023. Essentially, the Law on the Development and Strengthening of the Financial Sector (UU P2SK) governs the rights and obligations of consumers and financial sector business operators, as well as provisions regarding standard contracts and consumer data protection.

In light of this, Ario, Basyirah & Partners Law Firm (ABP Law Firm) offers legal services to the financial sector, which includes the banking industry, finance companies, and savings and loan cooperatives. The firm specializes in dispute resolution, which encompasses both litigation (court proceedings) and alternative dispute resolution (out-of-court settlements).

ABP Law Firm is responsible for the resolution of disputes for banks that fall within the KBMI 1 (bank groups based on core capital) to KBMI 4 categories. This category includes both state-owned enterprises (BUMN) and national private banks. Our partner, Chessa Ario Jani Purnomo, has over a decade of experience and expertise in the field, and she is primarily responsible for the dispute resolution matters. This service is one of the firm’s flagship offerings.

In practice, the Litigation Team at ABP Law Firm has managed dispute resolution for a variety of financial institutions, such as banks, financing companies, and savings and loan cooperatives, in cases that involve their consumers. The substantive issues that are addressed include the enforcement of mortgage rights and fiduciary guaranties, consumer default, civil litigation representation, criminal defense, and corporate legal actions related to such security interests.