RHTLaw Taylor Wessing LLP proudly announces the establishment of its Indonesian subsidiary PT RHT Solusi Indonesia (“RHT Solusi” or “the Company”), the first and only Indonesian-incorporated entity to offer compliance and technology risk management solutions to financial institutions and corporates operating within the country.
RHT Solusi is a joint venture between RHTLaw Taylor Wessing LLP of Singapore and Hanafiah Ponggawa & Partners of Indonesia, both leading law firms in Southeast Asia. The establishment of RHT Solusi will provide clients with an experienced, Indonesia-focused team with expertise in regulatory compliance solutions, governance and risk, as well as technology risk management solutions.
The establishment of RHT Solusi addresses the demands of financial institutions and corporates as a direct result the changing regulatory environment in Indonesia and the growing complexity of business.
RHTLaw Taylor Wessing LLP Managing Partner Mr. Tan Chong Huat said, “The establishment of RHT Solusi is a tangible example of our commitment to Indonesia, and our continuing efforts to remain at the forefront of issues related to risk and compliance within the country. As RHT Solusi is the first company of its kind in Indonesia, we are confident that RHT Solusi will become a brand synonymous with providing risk-focused, intelligent and actionable solutions to clients operating within the country. We are confident that the success of our compliance solutions practices in Singapore and Malaysia will be replicated in Indonesia.”
Hanafiah Ponggawa & Partners Managing Partner Mr. Constant Marino Ponggawa said, “With Indonesia’s continued economic growth comes the need for an increasingly sophisticated regulatory and compliance framework. Indonesian regulators have worked diligently in recent years to implement necessary regulatory changes to ensure greater transparency, accountability and safety for all financial institutions and public companies doing business in Indonesia. Therefore, the establishment of RHT Solusi should be a viewed as a positive development, as the Company is the first in Indonesia dedicated to providing risk, compliance and technology solutions for financial institutions and public companies.”
RHT Solusi is fully operational as at 8 October 2014.
For more information, please visit www.rhtsolusi.co.id.
Director of RHT Compliance Solutions, Ridzuan Abdul Aziz, was featured in Berita Harian last Saturday.
The article titled “Saling belajar antara satu sama lain (Learning from one another)” talks about the recent Islamic Financial Services Conference which we were proud Gold sponsors. Ridzuan was part of a panel which discussed the need for greater cooperation between Singapore and Malaysia, and how we can draw synergies through collaboration. Also featured is Ahmad Lutfi Abdull Mutalip, Managing Partner of Azmi Associates, a leading firm in KL whom we regularly collaborate with.
The article can be found in page 4 of the Bertia Harian dated 4th October 2014.
Click here to view the article.
RHTLaw Taylor Wessing congratulates the RHT Group of Companies on the establishment of RHT ARC Comms & Relations, the Group’s newest division dedicated to providing public relations consulting services to clients in Singapore and the ASEAN+ region.
RHT Comms & Relations focuses on core practice areas, namely public relations consulting, investor relations consulting, reputation management, brand development, media relations, media training, crisis issues management and digital communications solutions. The establishment of RHT Comms & Relations comes following the Group’s acquisition of Archipelago Marketing & Communications Pte Ltd (“Archipelago Communications”), a Singapore-based boutique public relations consultancy with experience in core economic sectors including financial services, infrastructure, logistics, oil and gas, shipping and technology.
RHT Comms & Relations Director Mr Tan Chong Huat said, “The establishment of RHT Comms & Relations serves as an opportunity for the RHT Group of Companies to further strengthen its inter-disciplinary consulting abilities. As clients have come to expect greater integration in professional consulting services, we see enormous potential for RHT Comms & Relations to provide value-add services to clients in conjunction with our Group’s existing strength in matters related to law, compliance, corporate advisory, technology and risk management.”
The Islamic Financial Services Conference in 2014 brought together more than 300 practitioners and promoters of Islamic banking and financial services from Singapore and Malaysia. They participated in a lively discussion on the future of the sector. Themed “Revitalising the Islamic Finance Landscape” the conference brought together speakers who are eminent thought leaders from the region.
Partner Nizam Ismail participated in a panel discussion entitled “Singapore Islamic Finance Regulation & Direction: Analysis, Critique and Recommendations”.