Director General of Agro Industry establishes a comprehensive designation framework for Indonesian Sustainable Palm Oil (?ISPO?) Training Institutions and ISPO Consultancy and Mentoring Institutions supporting downstream ISPO certification. The Regulation prescribes distinct qualification criteria, licensing requirements, and verification procedures for each institution type, while imposing ongoing operational and reporting obligations to ensure the quality, independence, and accountability of ISPO support services.
The Ministry of Finance has amended the goods classification and import duty system to provide targeted fiscal incentives. The new framework introduces specialized Chapter 98 tariff lines, significantly reducing import duties to 0% for specific goods and materials imported by aircraft maintenance, repair, and overhaul companies, as well as for liquefied petroleum gas utilized as raw materials in the petrochemical industry.
This Regulation establishes the SPP-TDLN framework and designates banks and non-bank institutions that facilitate overseas digital transactions (Issuers) as Other Parties responsible for collecting, depositing, and reporting PPN on foreign digital transactions. Other Parties must collect PPN using the 11/111 formula, submit transaction data, and protect certain account information through hash functions. They must also issue bill statements equivalent to tax invoices and remit PPN within seven days, with data submission and remittance constituting the Periodic PPN Return.
While maintaining the seven technical requirements for Bappebti approvals, this new Regulation has now expanded and clarified the technical requirements that apply to warehouses that are registered with the warehouse receipt system through the addition of clearer standards on warehouse location, construction and climate control, including disaster resilience and load-bearing capacity. The Regulation also requires a broader set of equipment for safe storage and handling. Indonesia?s SNI remains the benchmark for LPK assessments, while in situations where no applicable SNI exist, Bappebti may set the relevant technical requirements through the issuance of separate Regulations.
This new Regulation introduces a number of mandatory standardization, registration and reporting requirements that will now apply to vocational institutions that provide training and/or education to Indonesian migrant workers. In this regard, the new framework obliges registered institutions to organize specialized training classes within one year of their registration or face operational revocation. The framework also establishes strict structural criteria for higher education institutions that are looking to be designated as official centralized service hubs. Said institutions will now be required to integrate global labor market matching and certification into their operations.
This most recent version of the Bill on Indonesian International Financial Centers (Pusat Finansial Internasional Indonesia - ?PFII?) significantly expands the PFII framework through enhanced governance, a two-tier court system and the PFII Advisory Board, while excluding PFII from being established within any Special Economic Zones. The Bill also strengthens various business, legal and fiscal provisions by refining operational requirements, expanding the overall authority of the PFII Court, introducing a 50-year income-tax facility and exempting qualifying foreign family office assets from the imposition of inheritance tax.
This Regulation establishes various eligibility and competency requirements that will now apply to clinical educators, including valid STR and SIP and at least two years of active professional practice. The new Regulation also provides a number of entitlements and an academic career pathway up to the professor level for clinical educators, while requiring healthcare service facilities to maintain data-based records that are integrated into SIKN and the Ministry of Higher Education, Science and Technology?s information system.
The Commodity Futures Trading Regulatory Agency (Badan Pengawas Perdagangan Berjangka Komoditi ? ?Bappebti?) has now revoked the various standalone technical requirements that previously applied to Controlled Atmosphere Storage (CAS) facilities and introduced a unified framework that will now require warehouses operating under the Warehouse Receipt System to comply with the applicable Indonesian National Standards (Standar Nasional Indonesia ? ?SNI?). Under the new framework, Bappebti has also expanded the scope of regulated commodities to encompass 30 designated commodities.
This new Draft Regulation introduces a more comprehensive and risk-based bank examination framework through the expansion of the supervisory scope of the Financial Services Authority (Otoritas Jasa Keuangan/OJK). This expansion will be facilitated by greater access to banking systems and data, thereby enabling technology-driven examinations to be completed. The new framework also replaces the fixed annual examination approach with risk-based assessments and strengthens enforcement through broader administrative sanctions and significant financial penalties.
This Circular standardizes procedures for the requesting of information and/or evidence or statements (Informasi dan/atau Bukti atau Keterangan ? ?IBK?) by the Directorate-General of Taxes from reporting entities, including financial institutions and crypto-asset service providers, under the Crypto-Asset Reporting Framework (CARF). Generally speaking, said reporting entities must submit IBK through designated electronic channels within one month of their receiving any such requests, with non-compliance or false information potentially triggering enforcement measures.