| Issue Number : 5323ID See Translation Version

The Amendment now makes a clear distinction in terms of the oversight and regulatory authorities of both the National Agency of Drug and Food Control (Badan Pengawas Obat dan Makanan/BPOM) for processed foods (pangan olahan) and the National Food Agency (Badan Pangan Nasional/Bapanas) for fresh produce (pangan segar). In addition to affirming that various businesses (e.g. manufacturers of ready-to-eat processed food and growers of fresh produce) are required to secure business permits, the Amendment has now expanded the scope of the prohibition on the distribution of contaminated food to also apply to parties that manufacture said contaminated food.

| Issue Number : 5322ID See Translation Version

This new Law provides a comprehensive framework for the management of Indonesian airspace and classifies airspace by status and type. The new framework also introduces a dual licensing system for airspace operations, while maintaining the validity of existing permits. The Law also strengthens enforcement through the introduction of stricter criminal sanctions, which also address corporate liability. The overall goal of the new regime is to ensure the safe and orderly use of Indonesian airspace.

| Issue Number : 5321ID See Translation Version

This new Regulation introduces a more robust framework that will soon govern the use of proceeds from public offerings (?Proceeds?) through the strengthening of public disclosure obligations and limiting the use of funds to a clearly defined four-level structure. Issuers will be held accountable for the realization of Proceeds through shareholder meetings or annual reports. Issuers will also have to secure approvals for certain changes in the use of Proceeds and will, in addition, have to ensure that all funds are properly segregated through the deposit of Proceeds in specific, dedicated accounts.

| Issue Number : 5320ID See Translation Version

The 2025 Draft Bill on Consumer Protection (?2025 Draft Bill?), when it ultimately comes into force, will modernize Indonesia?s consumer protection framework by expanding its scope to encompass digital and hybrid transactions. This new framework also clarifies the range of business actors and service providers that will be subject to its provisions. In addition, the 2025 Draft Bill also strengthens consumer safeguards by tightening controls over Standard Form Agreements and Standard Clauses, with any non-compliance resulting in the imposition of administrative sanctions. Finally, the 2025 Draft Bill will restructure the consumer dispute resolution regime by renaming BPSK as LAPSK, with this transition to be completed within two years of the 2025 Draft Bill?s enactment.

| Issue Number : 5319ID See Translation Version

If the Draft Regulation ultimately comes into force, this framework shall serve as a reference for the development, organization and utilization of artificial intelligence (?AI?) technologies. In this regard, this framework now redefines the list of parties subject to the AI ethical values and now specifies that a set of risk identification and mitigation measures shall be applied during the development, organization and utilization of AI technologies.

| Issue Number : 5318ID See Translation Version

Following the enforcement of Regulation of OJK No. 11/POJK.03/2022, this Regulation now further details various requirements associated with the organization of Information Technology (?IT?) by commercial banks (?Banks?). Overall, this framework covers the following aspects: 1) The utilization of IT services providers (Pihak Penyedia Jasa TI/PPJTI); 2) Banks? IT architecture; 3) Data management and personal data protection (PDP) requirements; 4) Risk management processes; and 5) Internal control and audits.

| Issue Number : 5317ID See Translation Version

In addition to specifying various administrative sanctions that can be imposed in response to conspiracies (persekongkolan), vertical integration violations and abuses of dominant positions, this Draft Bill has also expanded the scope of the prohibition on abuses of dominant positions by revising the applicable market share thresholds. The Draft Bill also introduces the Leniency Program, which is an amnesty/penalty reduction program for business actors who admit/report their conduct and or provide related information.

| Issue Number : 5316ID See Translation Version

In addition to no longer differentiating between non-monetary gifts that are exchanged among co-workers on certain occasions and other non-monetary gifts that are unrelated to official duties, this Amendment has now raised the maximum value thresholds for gifts related to social events and gifts that are exchanged between co-workers that do not take the form of money or other means of exchange. Furthermore, this Amendment has also shortened the timeframe that relevant parties have in which to correct incomplete reports to only 20 business days. In this regard, any Gratification for which the relevant reports are submitted late will subsequently be stipulated as state property

| Issue Number : 5315ID See Translation Version

This Regulation introduces mandatory Indonesian Sustainable Palm Oil (?ISPO?) Certification for all palm oil-based bioenergy companies and officially comes into force on 20 March 2027. This new framework extends the current ISPO sustainability regime beyond the plantation and downstream sectors to encompass bioenergy products, corporate governance practices and global supply chains. The new certification framework is founded on three principal pillars, specifically compliance with applicable Laws and Regulations, supply chain traceability and the enhancement of ongoing business sustainability. Compliance with these pillars will be evaluated through various administrative assessments and on-site audits, while non-compliance will be subject to the imposition of administrative sanctions.

| Issue Number : 5314ID See Translation Version

This Regulation has now formalized the participation of cooperatives, including Red-and-White Village-Level and Subdistrict-Level Cooperatives, in mineral and coal mining business activities. The new framework regulates the allocation of Mining Business License Areas (Wilayah Izin Usaha Pertambangan/WIUP) through both priority-based and auction mechanisms, with the former requiring compliance with various administrative and technical stages, which will be verified through a dual-verification process. Meanwhile, the latter mechanism will be determined by the sizes of relevant mining areas. This new Regulation also further strengthens governance by requiring the management personnel of cooperatives to submit reports on various matters to the Minister of Energy and Mineral Resources, as well as relevant central and regional authorities.

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