Mira Yonita Aryanti

Mira is a Senior Partner in the firm's Banking, Finance and Fintech Practice Group. She is Foster's go-to financial services regulatory lawyer who advises Foster's prominent corporate clients in the financial services sector on all aspects of regulatory, compliance, licensing, risk management, examination, enforcement and transactional matters. Her practice is concentrated on advising clients in navigating the rigorous licensing and approval process in connection with, among others, new business lines, product launching, company restructurings, reorganisations and change of control transactions, regulatory compliance due diligence, with particular emphasis on insurance, banking and digital lending business.

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She has more than 20 years’ experience working as General Counsel/Head of Legal and Chief Legal Officer at various large financial services firms, particularly foreign insurance firms and banks with subsidiaries in Indonesia, such as Prudential Life Assurance (Prudential Indonesia), Allianz Indonesia, AIA Financial, Maybank Indonesia, the Royal Bank of Scotland N.V and Bank of Tokyo-Mitsubishi UFJ, Ltd. She also had a stint at leading foreign banks, as Legal Advisor of Standard Chartered Bank and Legal Manager of Citibank, N.A, and GE Finance Indonesia.

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Drawing on her depth of our expertise in Indonesia's multifaceted and dynamic financial systems and products, Mira regularly advises the shareholders, boards of directors and management teams of major financial services companies through the most sensitive and reputation-threatening regulatory issues, high-stakes disputes and crisis management, delivering strategic, technical and commercial advice. This experience gave Mira a deep knowledge and precise understanding of complex financial instruments and has shaped her ability to advise on the risks in carrying on business within a complex regulatory environment.

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Mira is also particularly expert in matters of banking operation (including special asset management, collections and credit administration), structuring of new financial products linked to digital banking, corporate finance, corporate governance, litigation management, government relations and stakeholder engagement as well as transformational commercial transactions in digital (peer-to-peer) lending industry under the supervision of Indonesia's Financial Services Authority.

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During her tenure at the subsidiary of one of Singapore's largest fintech companies as Group Head of Legal and Compliance and de facto Data Protection Officer, Mira advised the management extensively on technology and data protection issues in Indonesia, particularly in relation to business process outsourcing, the cross-border transfer of data, data governance, personal data protection, data breaches, and cyber incident responses.

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Mira is praised by clients as one of the top experts in financial regulations in Indonesia with special regards to insurance, banking (including digital banking and corporate finance), and fintech/peer-to-peer lending. Her ability to think through novel issues and to gauge and monitor risks are particular strengths alongside a gift for quickly synthesizing multiple business concepts into legal guidance. Clients turn to her for those attributes to approach high-value deals and projects as well as time-sensitive compliance and licensing work with a reliable problem-solving mindset.

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