As a continuation of the 2025 Payment System Blueprint (see November 2019 alert), which led to the successful implementation of key initiatives such as (i) the continued domestic and cross-border implementation of the Quick Response Code Indonesia Standard (QRIS) (see August 2019 and September 2022 alerts), (ii) the National Open API Standard (SNAP) (see August 2021 alert), (iii) the real-time payments infrastructure (BI-FAST), and (iv) regulatory, licensing, and supervisory reforms (see January 2021 alert), Bank Indonesia has now…
Author
Erwandi Hendarta
BrowsingErwandi Hendarta is a senior partner and the Head of Finance & Projects Practice Group in Hadiputranto, Hadinoto & Partners. Erwandi has extensive experience working in the business and financial sectors. Erwandi has had multiple careers, having worked as a central banker at Bank Indonesia (the Central Bank of Indonesia) handling Government’s projects with multilateral agencies (IBRD/the World Bank, OECF, ADB) and as an investment banker doing corporate finance with Schroders Indonesia (an investment banking arm of Schroders Plc., London) before becoming a lawyer with HHP.
In addition to his Indonesian legal degree, Erwandi has an LL.M. from Cornell University, USA, and an MBA from Boston University, USA. He was a recipient of prestigious graduate scholarships from the Fulbright, USA and the World Bank. Erwandi has been a regular contributor to Doing Business publications by the World Bank and the IFC.
Erwandi’s wide-ranging experience as a regulator, an investment banker and now a senior partner at HHP as well as his combined legal and business education enable Erwandi to have cross-disciplinary and insightful approaches in representing multinational corporations and international banks in their transactions.
Given his unique background, Erwandi has legal practice areas which include infrastructure, financing (debt, loan, project finance, securitization), M&A (including for banks and financial companies), financials litigation; corporate and debts restructuring.
Erwandi is noted as a Leading Lawyer by IFLR1000. According to Asia Pacific Legal 500, his "knowledge of the intricacies of the finance industry is second to none." Chambers Asia 2017 quotes a client who summarizes: “He is very good at steering you through law that’s about as clear as mud.”