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Makarim & Taira S.

Stephanie Kandou

Stephanie Kandou

Senior Associate


  • Banking and Finance
  • Corporate and Commercial

WSG Practice Industries




LL.M, Erasmus Universiteit Rotterdam, Rotterdam, the Netherlands, 2009
S.H., University of Indonesia, Jakarta, Indonesia, 2007
Areas of Practice

Banking and Finance | Corporate and Commercial

Professional Career

Professional Activities and Experience

Assistant Lawyer, Ali Budiardjo, Nugroho, Reksodiputro, Jakarta, 2007-2008

An Introduction to the Proposed Omnibus Law
Makarim & Taira S., December 2019

According to the World Bank’s 2019 Doing Business index, Indonesia sits in 73rd position overall out of 190 countries in terms of ease of doing business. President Joko Widodo has set as a target increasing Indonesia’s ranking to 40th position. To boost investment and ease of doing business in Indonesia, in his inauguration speech on 20 October 2019, President Joko Widodo introduced the idea of enacting an Omnibus Law...

The Requirement to Use the Indonesian Language is Regulated Further
Makarim & Taira S., October 2019

Background After ten long years of the issuance of Law No. 24 of 2009 on the National Flag, Language, Emblem, and Anthem (“Language Law”), the Government of Indonesia has finally issued an implementing regulation of the Language Law, ie Presidential Regulation No. 63 of 2019 on the Use of the Indonesian Language (“PR 63/2019”). It came into effect on 30 September 2019.   Key provisions which may be relevant to businesses   a...

Bank Indonesia Issues a New Regulation on the Reporting of Foreign Exchange Flow Activities
Makarim & Taira S., March 2019

Bank Indonesia (“BI”) recently issued Regulation No. 21/2/PBI/2019 on theReporting of Foreign Exchange Flow Activities (Kegiatan Lalu Lintas Devisa)(“Reg. 21/2”) on 7 January 2019, which came into effect on 1 March 2019. Reg. 21/2 partially revokes BI Regulation No...

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