If it is ultimately enforced, then this new Draft Bill will serve as a dedicated legal, governance, supervisory and judicial framework for the International Financial Center (Pusat Finansial Internasional Indonesia - ?PFII?). The Draft Bill introduces extensive fiscal and non-fiscal incentives, including 100% income tax reductions, indirect tax facilities, import-duty waivers and unrestricted capital repatriation. The Draft Bill also permits the use of foreign currencies and specialized legal arrangements within the PFII, with several proposed provisions differing from Indonesia?s existing legal framework.

This Circular introduces the new risk-based Condition Assessment Schemes (?CAS?), which will permit eligible Indonesian-flagged single-bottomed and/or single-hulled oil tankers to continue operating beyond the July 2026 deadline, subject to enhanced technical assessments and the submission of CAS implementation plans. The new Circular also requires vessel owners and operators to facilitate inspections, implement all technical recommendations and submit and periodically update binding end-of-life plans that specifically address decommissioning, double-hull upgrades or conversion to non-tanker functions.

The Directorate-General of Customs and Excise has introduced a number of new operational flexibilities relating to the management of customs-and-excise revenue targets. The Amendment empowers relevant directors to dynamically adjust previously established revenue trajectories during an ongoing fiscal year in response to changing economic conditions, thereby ensuring that internal monitoring remains strictly in line with actual market dynamics.

This new Regulation has now overhauled the capital adequacy framework for BPR, maintaining the 12% minimum capital adequacy ratio and the Rp. 6 billion core capital requirements, while also tightening the applicable capital component calculations. The new framework also introduces stricter administrative timelines for capital deposits, limits profit distributions for undercapitalized banks and sets various asset injection rules, thereby fundamentally altering the management of solvency and equity by rural banks.

Bank Indonesia has drastically tightened the regulatory threshold for spot foreign exchange purchases against the rupiah currency. The new amendment has now lowered the maximum monthly transaction limit for exemptions from underlying transaction document requirements from US$ 25,000 to US$ 10,000. This strategic adjustment is targeting the stabilization of the rupiah currency amidst ongoing global uncertainties, thereby compelling businesses and financial institutions to immediately update their transaction compliance protocols.

PT Kliring Penjaminan Efek Indonesia has officially extended its fee incentive program for the clearing and settlement of futures contracts. This extension has retained the established tiered fee structure, which is based on contract multipliers and underlying assets, thereby ensuring continued cost reductions for participating clearing members while maintaining exemptions for compliant liquidity providers.

PT Bursa Efek Indonesia has now extended the validity of transaction fee incentives for small-multiplier futures contracts by an additional year, pushing back the final deadline from June 2026 to June 2027. Meanwhile, the zero-rupiah fee for contracts with domestic share underlyings has been retained along with a fixed reduced fee for foreign securities that is aimed at structurally stimulating trading liquidity and attracting continuous market participation from exchange members.

This Regulation has now overhauled the framework for the utilization of state-owned assets by BP Batam through the introduction of the Ketupi scheme, as well as infrastructure-specific utilization models and infrastructure concessions of up to 50 years. Meanwhile, the KSO and KSM schemes have now been removed. The new Regulation also requires foreign KSPI partners to establish an Indonesian limited-liability company, introduces mandatory excess profit sharing for KSPI projects and retains the concession limits and sanctions that apply to KSP arrangements.

This Regulation introduces a unified Restructuring program for the agro-industry sector that expands eligible industries and maintains reimbursement incentives for machinery and/or equipment purchases. Applicants must complete mandatory INDI 4.0 self-assessments through the SIINas system, while companies that have secured TKDN and/or green industry certification will receive priority treatment, with reimbursements of up to 35% available for machinery with TKDN levels of at least 25%. The new Regulation also standardizes the minimum purchase threshold at Rp. 300 million and requires KBLI updates to be introduced through the OSS system.

The Draft Regulation addresses comprehensive country and transfer risk management frameworks for commercial banks that engage in cross-border activities. Banks are now required to conduct semi-annual self-assessments in order to calculate their country risk and transfer risk (CTR) ratios, which will subsequently determine their categorization into one of three distinct compliance tiers. Depending on this tier, Banks face tiered obligations that will range from general risk management to rigorous quantitative reporting and mandatory provisioning adjustments.