This Regulation replaces the provisions on the write-off of state-owned enterprise fixed assets under Regulation 2/2023, extending coverage to receivables and other assets. It introduces criteria for receivable write-offs and collection waivers, requires legal, economic, and risk studies together with an integrity pact, and shifts approval and reporting lines to the Daya Anagata Nusantara Investment Management Agency for State-Owned Limited Liability Companies (Perusahaan Perseroan ? ?Persero?) and to the State-Owned Enterprises Regulatory Agency for Public Corporations (Perusahaan Umum ? ?Perum?).

The Downstream Oil and Gas Regulatory Agency (Badan Pengatur Hilir Minyak dan Gas Bumi ? ?BPH Migas?) has replaced its rules on regulatory accounts for natural gas pipeline transportation, extending them to distribution network area special rights holders with a transportation business licence and setting fixed deadlines of 31 May for audited financial statements and 30 June for regulatory account reports. BPH Migas may now verify and correct reported figures, with up to three consecutive written reprimands before special rights may be revoked and/or licence revocation is proposed.

The Government is preparing a national artificial intelligence ethics framework that classifies AI into unacceptable-, high-, and low-risk categories and requires users, sector actors, and ministries/institutions to apply minimum safeguards. Sector actors must, among others, manage risks throughout the AI lifecycle and ensure transparency and accountability, while nine ethical values will guide AI development and use. Ministries/institutions and sector actors will have two years to prepare for implementation once the framework is enacted.

Bank Indonesia (BI) has lowered the average rupiah reserve requirement in two stages over November and December 2026. For Conventional Commercial Banks (Bank Umum Konvensional/BUK), it falls from 9% to 7%. For Islamic Commercial Banks (Bank Umum Syariah/BUS) and Islamic Business Units (Unit Usaha Syariah/UUS), it falls from 7.5% to 5.5%. In line with the lower macroprudential liquidity incentive policy, BI has also reduced the maximum portion of reserves eligible for remuneration or ?athaya incentives from 1 December 2026.

The Minister of Health has issued new business activity and product/service standards for risk-based licensing in the health subsector. The new rules set out the licences required for health services, pharmaceutical and medical device trading, and vector control businesses, introduce risk-based routine inspections and unannounced incidental inspections, and establish tiered administrative sanctions ranging from warnings to licence revocation.

The Government is preparing a new geothermal regulation that imposes additional exploration requirements, replaces the existing Exploration Commitment mechanism, and provides for Geothermal Permits to also function as electricity supply business licences in specified circumstances.

Regulation 12/2026 replaces the procedures for compliance examinations of excisable goods entrepreneurs. It introduces annual excise document analysis for tobacco product factories based on three ratios, with abnormal results triggering compliance examinations. It also sets risk-based criteria for selecting examination targets, reporting deadlines, and detailed examination activities, and expands the recommendations to include audits, restrictions on excise stamp supply requests, and data updates.

The Minister of Manpower has extended the government wage subsidy for workers from two to three months, raising the total amount to Rp900,000 per eligible worker. Workers must be active participants in the Employment Social Security Agency (Badan Penyelenggara Jaminan Sosial Ketenagakerjaan ? ?BPJS Ketenagakerjaan?) programmes up to August 2026, while the list of regions with higher wage caps has been updated based on 2026 minimum wages.

The Halal Product Assurance Organizing Body (Badan Penyelenggara Jaminan Produk Halal ? ?BPJPH?) has issued guidelines on the halal product assurance system for cosmetics, detailing which animal, plant, microbial and other materials may be used. Cosmetic business actors must separate halal and non-halal facilities, purify contaminated equipment in line with Islamic law, conduct annual internal audits and submit material-composition and halal-product-process reports to BPJPH every six months.

Circular 2/2026 requires new repurchase agreement (Repo) transactions to be reported through the Securities Financing Transaction (SFT) module in C-BEST rather than ORCHiD, while ORCHiD remains available for changes to existing Repo. It also sets a one-business-day reporting deadline. In addition, it introduces new instructions for rollovers, early terminations, rate and principal adjustments, and premature terminations, and requires maturity dates falling on national or PT Kustodian Sentral Efek Indonesia (KSEI) holidays to be moved to the next business day.