This Circular reinforces a number of existing regulatory frameworks that apply within the mineral and coal-mining sector by prohibiting various types of mining permit holders (i.e. those currently in the middle of the exploration and the operation production stage) from engaging in any physical field activities (e.g. exploration, construction, production and sales) without first securing approvals for their Work Plans and Funding Budgets (Rencana Kerja dan Anggaran Biaya/RKAB).
Decree 40/2025 has been drafted as an implementation of the Indonesian Government?s development policy for a sustainable palm-oil industry and features a set of technical guidelines that address human resources within this sector, specifically the areas of counseling, education, training, mentoring and facilitation. This decree is a follow-up to Regulation 5/2025 and addresses the need for an operational framework that specifically deals with the utilization of funds in a targeted, measurable and accountable manner in order to strengthen the capacity and competitiveness of human resources operating within the palm-oil sector.
The Draft Regulation requires all Microfinance Institutions (Lembaga Keuangan Mikro/LKM) to draw up and submit business plans, as well as realization reports that compare planned targets with actual results. It also sets detailed requirements relating to content, timelines and submission procedures, which mainly involve the Financial Services Authority?s (Otoritas Jasa Keuangan/OJK) online system.
This new Regulation represents an overhaul of the current sports industry framework by integrating this sector into the risk-based business licensing regime through the Online Single Submission (OSS) system. The new framework standardizes related business activities while strengthening the applicable supervision and administrative sanctions mechanisms. This has resulted in enhanced legal certainty while simultaneously increasing compliance burdens for business actors.
The Minister of Immigration and Corrections has established a comprehensive framework for Indonesia?s diaspora by outlining the new requirements for the securing of Limited Stay Visas (Visa Tinggal Terbatas ? ?VITAS?), Limited Stay Permits (Izin Tinggal Terbatas ? ?ITAS?) and Permanent Stay Permits (Izin Tinggal Tetap ? ?ITAP?), including mandatory documentation, immigration guarantees and revised financial commitment thresholds. This new framework also strengthens oversight through periodic reporting obligations and by granting certain ITAS and ITAP holders the right to work or engage in business.
Cooperation-contract contractors (Kontraktor Kontrak Kerja Sama - ?KKKS?) that engage in profit-sharing contracts under the return of operational cost mechanism (?Cost Recovery KKKS?) must now draft applications and secure approvals from the Special Task Force for Upstream Oil and Gas (Satuan Kerja Khusus Pelaksanaan Kegiatan Usaha Minyak dan Gas Bumi ? ?SKK Migas?) for master agreements as a derivative of the relevant Memorandum of Understanding (MoU) established by SKK Migas. Said master agreements should be drawn up with providers of goods/services, will govern long-term cooperation and will have a validity of between three and five years.
This new Draft Regulation is set to significantly reform the financial reporting framework for issuers and public companies operating within Indonesia. The Draft Regulation is also set to bring Indonesia?s financial reporting standards into line with International Financial Reporting Standards (IFRS), strengthen overall governance by requiring the involvement of certified professionals in any financial reporting and enforce compliance through the imposition of administrative sanctions and corrective actions.
This Regulation classifies administrative sanctions that were imposed in response to unlicensed groundwater constructions and utilization prior to Law No. 6 of 2023 as Non-Tax State Revenue (Penerimaan Negara Bukan Pajak/PNBP). Said fines will be payable by certain categories of Payers, with payment being enforced through a formal notification and billing mechanism that carries consequences for non-compliance. At the same time, this new framework also offers relief by applying a 0% tariff to qualifying non-business entities and micro- and small-scale enterprises that engage in limited groundwater use in order to meet household and/or office needs.
Banks are now required to submit their Premium calculations to the Deposit Insurance Corporation (Lembaga Penjamin Simpanan/LPS) before completing any Premium payments. However, it should be noted that rural banks (Bank Perekonomian Rakyat/BPR) and sharia BPR (BPR Syariah/BPRS) may only pay billed amounts that are linked to relevant virtual account numbers and must also submit proofs of payment through the e-Laporan system or, if the system is experiencing technical issues, via email.
This Draft Bill represents a fundamental shift in Indonesia?s witness and victim protection regime by establishing a more enforceable restitution framework, as well as a dedicated Victim Endowment Fund, in order to ensure sustainable financing for compensation and recovery programs. This new framework is also set to broaden the scope of protected persons to include informants. The Draft Bill also incorporates mechanisms such as asset seizure and diversified sources of funding, which will now include corporate social and environmental responsibility funds.