Decree 104/2023 has been issued in order to address some of the overall total of 198 competencies that apply to prioritized related service businesses within the Water Transportation sector.

Circular 2/2023 will now serve as a reference for the issuance of registration certificates and practice permits in the wake of the issuance of Law 17/2023

Clearing members are now required to pay fees for collateral management and administrative services (collectively referred to as Collateral Services). In this regard, management fees should be charged in relation to the management of collateral that takes the form of minimum cash funds (Dana Minimum Kas "DMK"), while administrative fees should be charged for various services that relate to collateral.

There are ten applicable standards under the national education standards, including: 1) Competence standards; 2) Learning processes; 3) Lecturers and educational workers; 4) Assessment standards; and 5) Facilities and infrastructure.

The Regulation now clarifies the available media through which public companies that engage in share buybacks must ensure information transparency (e.g. official websites and/or newspapers). Moreover, share buybacks should now be reported to the OJK on the same day as a given buyback transaction takes place after the share trading period at the Exchange has ended

Personal data controllers/processors are required to comply with various obligations under the Draft Regulation, while Agencies may impose certain administrative sanctions in response to any acts of non-compliance.

The Director-General of Customs and Excise recently issued a new legal instrument on procedures for the storage, entry, release and transportation of excisable goods

In response to the ongoing deterioration in air quality in DKI Jakarta, West Java and Banten, the Minister of Industry has now mandated that industrial companies and industrial area companies are required to submit exhaust gas emissions reports to the Minister on a weekly basis between 25 August 2023 and 31 December 2023

In order to become Emissions Testing Units, parties are required to submit applications along with various documents to the relevant governor or regent/mayor. Emissions Testing Units must fulfill criteria relating to three aspects, specifically emissions testing tools, testing methodology and personnel

Updated the list of administrative documents that are required to be provided by cosmetics industry players that enter into production contracts in order to arrange the Product Information Documents