Moores Rowland Indonesia Steps Up for Good Corporate Governance
April 2025
(published in Now Jakarta and Now Bali May-June 2025)
U.S. President Donald Trump recently signed an executive order titled, “Pausing the Foreign Corrupt Practices Act (FCPA) Enforcement.” While the order may signal a shift in U.S. enforcement priorities, it raises urgent questions for global businesses. What does this mean for anticorruption efforts in Indonesia and worldwide? And how should companies—particularly those operating in Indonesia—respond?
Despite the FCPA pause, the legal landscape remains complex. Laws such as the Foreign Extortion Prevention Act (FEPA) and the FCPA still pose serious compliance risks. Multinational companies must not assume immunity but instead take this moment to reassess and strengthen their anti-bribery and corruption (AB&C) and anti-money laundering (AML) frameworks to avoid legal and reputational risks.
To provide clarity and direction during this volatile time for the global economy, Moores Rowland Indonesia and prominent U.S. law firm Steptoe hosted a governance workshop titled, Strengthening Compliance and Risk Management in Indonesia, at the Dharmawangsa hotel in Jakarta. The workshop’s keynote speaker was Mr. Ahmad Hidayat, Managing Director of Internal Audits at Danantara Indonesia, a sovereign wealth fund, who spoke on behalf of Mr. Rosan Roeslani, Minister of Investment and CEO of Danantara. Also speaking were former Indonesia attorney general, current Moores Rowland Indonesia senior advisor and notable international human rights advocate, Mr. Marzuki Darusman, as well as partners from the Steptoe office in Hong Kong.
The workshop was attended by dozens of executives and professionals with legal, compliance, risk management, sustainability, and corporate governance responsibilities. They gained valuable insights from experts in their field, explored enforcement trends, networked with peers, policymakers and key stakeholders. They also learned strategies for navigating the current regulatory requirements and how to safeguard their organizations from legal and reputational risks in an evolving governance landscape.
“As Indonesia’s economy grows, businesses face increasing pressure to comply with global environmental, social and governance standards. When it comes to best business practices, now is not the time to step back—but to step up”, says Moores Rowland Indonesia CEO, James Kallman. “We were therefore pleased to host our workshop along with Steptoe”.
Environmental and social initiatives require strategy, resources, and consistent oversight — all of which fall under the umbrella of governance. Moores Rowland Indonesia is showing companies in Indonesia and Southeast Asia how governance also provides the framework for setting ESG goals, tracking progress, and publicly reporting results - a core part of sustainable business performance.
Moores Rowland Indonesia
Moores Rowland Indonesia is a leading multidisciplinary professional services firm committed to delivering excellence in assurance, advisory, tax, legal, risk, and business consulting services across South-east Asia. With decades of experience and a reputation for integrity and innovation, the firm assists organizations with complex regulatory environments, improve governance structures, manage risk, and ensure compliance with national and international standards. Moores Rowland Indonesia is also a recognized leader in environmental, social, and governance (ESG) advisory services and business and human rights due diligence.
Steptoe
Steptoe is a U.S.-based law firm headquartered in Washington, D.C., with over a century of experience in high-stakes litigation, regulatory matters, and business transactions. The firm is widely recognized for its global business and human rights law practice, which includes advising on anti-corruption, anti-money laundering, sanctions, and data security challenges. Steptoe has more than 500 lawyers and professionals across 10 offices, including in Beijing, London, and Brussels. Steptoe’s Hong Kong office provides real-time regulatory and investigations counsel across the Asia-Pacific region.