This Directive establishes a coordinated framework for the accelerated streamlining of State-Owned Enterprises Badan Usaha Milik Negara ? ?BUMN?) and their subsidiaries through enhanced inter-agency collaboration. This Directive assigns specific responsibilities to key ministries and agencies, which will support restructuring through various fiscal, licensing, legal and regulatory measures, while also strengthening the roles of the BUMN Regulatory Agency, the Daya Anagata Nusantara Investment Management Agency and PT Danantara Asset Management as regards oversight of the streamlining program.
This Decree establishes a set of standardized procedures for the imposition and termination of administrative sanctions on Indonesian Migrant Worker Placement Companies (Perusahaan Penempatan Pekerja Migran Indonesia ? ?P3MI?), which will be supported by a dedicated Sanctions Team. Sanctions may be imposed in response to complaints, monitoring or official recommendations and may include business suspensions and physical enforcement measures. The Decree also clarifies the applicable guarantee deposit disbursement procedures and requires P3MI to replenish any disbursed deposits within one month in order to avoid the revocation of their P3MI Company Permits.
The latest version of Rule II-5 introduces a new settlement framework that requires Clearing Members to use Main Securities Account 084 and Securities Sub-Account 084 in order to complete their Exchange transaction settlements. This represents a change from the previous collateral-focused approach. The new Rule II-5 also mandates the systematic transfer of residual funds and securities to Main Securities Account 001. Rule II-5 also establishes an Alternative Settlement Mechanism (ASM), revises default management procedures and centralizes clearing fee and Guarantee Fund collections that are undertaken through Exchange-based mechanisms
This new framework updates the risk-based business licensing standards that apply across the energy sector. The new Regulation introduces specific licensing categories for carbon capture and storage (CCS) activities and biofuel blending, while also imposing explicit administrative sanctions for non-compliance. As a result, all companies operating within the energy sector must bring their operational licenses into line with the updated classifications in order to ensure their business continuity.
If ultimately enforced, then this Draft Regulation will introduce a unified recall and destruction framework for natural medicines, quasi-drugs, health supplements and cosmetics, while expanding oversight to advertisements and certain raw materials. The framework also broadens the various obligations of distribution permit holders and Special Access Scheme (SAS) importers, establishes new recall classifications and reporting timelines, mandates electronic reporting and mandates the imposition of harmonized administrative sanctions for non-compliance, which include suspensions of business activities and the revocation of distribution permits.
This Regulation has now expanded Non-Tax State Revenue (Penerimaan Negara Bukan Pajak/PNBP) tariff reductions to the use of facilities and infrastructure managed by the Ministry of Public Works, while introducing associations as a new beneficiary category. This Regulation also revises laboratory testing tariffs, including the addition of a 50% rate for micro-scale enterprises, academics and educational institutions. Additionally, associations must comply with various requirements relating to accreditation and Confirmation of Taxpayer Status (Konfirmasi Status Wajib Pajak/KSWP), while underprivileged beneficiaries will now face stricter evidentiary obligations.
This Amendment introduces a formal approval framework for coal blending activities and now requires certain IUP, IUPK and PKP2B holders with approved RKAB to secure Ministerial approvals prior to engaging in any such activities. The Amendment also establishes various application and documentation-related requirements, brings approval validity into line with the RKAB period and expands quarterly reporting obligations to also include coal blending activities.
This new Amendment mandates the integration of the National Industrial Information System (SIINas) into the Indonesia National Single Window (SINSW) for all duty-free scheme applications. Furthermore, all user industries must now hold Authorized Economic Operator (AEO) or Customs Main Partner status in order to enjoy the duty-free scheme. The Amendment also imposes stricter controls on leftover raw materials, mandating compliance with Indonesia National Standards (SNI) and prioritizing sales to small- and medium-scale industries, significantly shifting operational compliance for manufacturing importers.
This Amendment strengthens the USDFS framework by requiring all User Industries to secure Main Customs Partner (Mitra Utama Kepabeanan/MITA) or Authorized Economic Operator (AEO) status and also submit verification applications through the integrated SINSW and SIINas systems. The new framework also introduces stricter compliance measures, including a 65% cap on preferential tariff reductions for residual materials and/or goods, enhanced proof-of-payment requirements and the need to bring business licensing information into line with the updated Standard Classification of Indonesian Business Fields (Klasifikasi Baku Lapangan Usaha Indonesia/KBLI) classifications where applicable.
This new framework represents a comprehensive overhaul of Indonesia?s witness and victim protection framework. The new Law introduces a Victim Endowment Fund, strict restitution mechanisms with corporate asset seizure provisions, and critical workplace anti-retaliation protections for whistleblowers and informants. Specifically, companies are prohibited from discriminating against or sanctioning employees who serve as protected witnesses or reporters.