Energy conservation service businesses (?Conservation Services?) may now be organized by legal entities and government agencies for energy provider and user customers based on the following types of activities: 1) Implementation of Investment Grade Energy Audits (IGEA); 2) Financing of Energy Efficiency Projects; 3) Implementation of installation work and/or construction, as well as monitoring and supervision of Energy Efficiency Projects; 4) Operation, maintenance and repair of energy installations; and 5) Measurement and verification of energy performance. Furthermore, these Conservation Services may also be implemented based on six business models, which include: 1) Guaranteed savings; 2) Shared savings; 3) Build, operate and transfer (BOT); 4) Build, operate and own (BOO); and 5) Energy as a service (EaaS).
Business activity standards for and the various obligations of business actors operating within the housing-sector under risk-based business licenses have been set and will now apply to business activities that have been classified under Indonesian Standard Industrial Classification (Klasifikasi Baku Lapangan Usaha Indonesia/KBLI) Code 68111 on owned or leased real estate. Whenever developing housing, business actors are required to comply with a specific set of obligations, including the obligation to secure a Suitability of Spatial Utilization Activities (Kesesuaian Kegiatan Pemanfaatan Ruang/KKPR) document, as well as secure a written approval decision from the relevant regional government, secure an official acknowledgment of report receipt and fulfil various investment activity reporting requirements.
If this Draft Regulation ultimately comes into force, then it will set out further details of the various mandatory measures and obligations that apply to organizers of electronic systems (Penyelenggara Sistem Elektronik/PSE) regarding the protection of children under 18 years of age who use or access electronic systems (?Children?). The various aspects and measures that are detailed under this Draft Regulation include the following: 1) Requirements for the provision and disclosure of minimum ages for Children and their parents or legal guardians; 2) Assessment of risk profiles in relation to online products, services and features; and 3) Supervision of electronic systems in order to protect Children.
This Regulation has now strengthened consumer protection within the financial services sector through the establishment of a specific procedural framework for civil actions that are initiated by the Financial Services Authority (Otoritas Jasa Keuangan - ?OJK?). This new framework includes the authority of the OJK to file lawsuits without the need for any power of attorney, and also sets out expedited and simplified electronic court proceedings, as well as mechanisms for judgments, cassation, enforcement and the distribution of compensation by the OJK. The overall goal here is to ensure both legal certainty and accountability in relation to Financial Services Business Actors (Pelaku Usaha Jasa Keuangan/PUJK) and other parties who act in bad faith.
This new framework introduces a comprehensive assessment metric aimed at strengthening Indonesia?s payment system industry. This metric is known as the Transaction, Interconnectivity, Competency, Risk Management and Information Technology Infrastructure (Transaksi, Interkoneksi, Kompetensi, Manajemen Risiko dan Infrastruktur Teknologi Informasi/TIKMI) system. Under this new framework, Payment System Service Organizers (Penyelenggara Jasa Sistem Pembayaran ? ?PSP?) have now been reclassified as Primary PSP and Non-Primary PSP and are subject to a revised activity bundling structure. The new Regulation also further strengthens this important industry through the introduction of tighter business planning and capital adequacy requirements that will now support financial resilience and operational stability across the payment system ecosystem.
This Regulation requires all insurance companies, sharia insurance companies and sharia units (collectively referred to as ?Companies?) to meet certain predefined medical, digital and advisory capability standards. The new framework also introduces two available health insurance product schemes, i.e. indemnity and managed care, each with its own distinct coverage mechanism. Furthermore, premium repricing has now been limited to once annually and will require prior written notifications to be sent to policyholders explaining the relevant reasons and available alternatives. In addition, this new Regulation allows controlled risk-sharing arrangements up to a maximum of 5% of total claims. Finally, any non-compliance with these requirements may result in the imposition of administrative sanctions ranging from written reprimands to reductions in Companies? soundness levels.
If this Draft Regulation ultimately comes into force, then it will repeal and replace Regulation of the National Agency of Drug and Food Control (Badan Pengawas Obat dan Makanan/BPOM) No. 24 of 2017 on Criteria and Procedures for Drug Registrations. This will fundamentally transform Indonesia?s drug registration system through the introduction of conditional approvals, as well as the streamlining and expediting of Emergency Use Authorization (EUA) processes, and the shifting of approval notifications to a fully digital platform.
The development and operation of Hybrid Power Plants (Pembangkit Tenaga Listrik Hibrida - ?PLT Hibrida?) involves the integration of renewable sources of energy with new energy technologies, Battery Energy Storage Systems (BESS) and existing non-renewable sources of energy, subject to prescribed system reliability standards. Electrical power that is generated by PLT Hibrida will be procured through direct selection processes that are conducted by PT Perusahaan Listrik Negara (Persero) (?PLN?) and will be open to business entities that have registered for a place on PT PLN?s pre-qualified provider list. Purchase prices will be negotiated within the bounds of ceiling and floor prices, will be fixed in Indonesian rupiah and will become effective from the relevant Commercial Operation Dates (COD).
Although no significant changes have been made to the existing reporting and information disclosure requirements that apply to Listed Companies, this Decree affirms that share ownership and ownership changes in publicly traded companies should now be reported in line with Circular of the OJK No. 10/SEOJK.04/2025. Moreover, this Decree has also extended the submission deadline for the quarter III 2025 financial statement period for financial statements without any public accountants? reports for Listed Companies that are operating as insurance companies.
Following the enforcement of Law No. 1 of 2023 on the Criminal Law Code (Kitab Undang-Undang Hukum Pidana ? ?KUHP?) (?New KUHP?) and Law No. 20 of 2025 on Criminal Procedural Law (Kitab Undang-Undang Hukum Acara Pidana ? ?KUHAP?) (?New KUHAP?), criminal cases and their applicable substantive and procedural provisions will handle perpetrators and accomplices more favorably during the ongoing transition period. In this regard, this Circular states that a provision will be considered more favorable if it reduces the applicable criminal penalties, removes criminal liability, reclassifies offenses as complaint-based (delik aduan) offenses or raises the threshold for the establishment of criminal liability.