Any businesses that manufacture, import and/or distribute any of the following products will be required to comply with the mandatory enforcement of the Indonesian National Standard (Standar Nasional Indonesia SNI): 1) Glazed ceramic tableware and drinkware (Glazed Ceramic Utensils); 2) Safety glass for motor vehicles (Safety Glass); and 3) Steel wire ropes and steel wire ropes for oil and gas (Steel Wire Ropes). While the full enforcement of the mandatory SNI for both Glazed Ceramic Utensils and Safety Glass are set to apply on 25 October 2025, the mandatory SNI for Steel Wire Ropes is set to be enforced on 2 November 2025. It should also be noted that any failure to comply with these mandatory SNI mandates may result in the imposition of sanctions.
This new Regulation establishes a formal financial reporting system for financial sector business actors (Pelaku Usaha Sektor Keuangan/PUSK) and parties that conduct business interactions with financial sector institutions, who are required to prepare and submit financial reports (Reports). Said Reports may be prepared and submitted for general purposes or for specific purposes if this is requested by relevant ministries, agencies or authorities. Furthermore, Reports must be compiled by qualified professionals, signed by authorized representatives and submitted either directly or through a newly established centralized platform known as the Financial Reporting Single Window (Platform Bersama Pelaporan Keuangan/PBPK).
This new framework reaffirms that the various levels of risk that apply in relation to Risk-Based Business Licensing (Perizinan Berusaha Berbasis Risiko PBBR) within the tourism sector comprise low, lower-medium, upper-medium and high. In addition, this new Regulation now requires all individuals and/or business entities engaged in tourism-related business and/or activities (Business Actors) to secure standard tourism business certification (Certification) as evidence of their compliance with the applicable standards. Although certain lower-risk businesses may be exempted from this requirement, generally speaking, Business Actors are required to secure Certification within one year of their business licenses being verified.
The Financial Services Authority (Otoritas Jasa Keuangan OJK) has introduced a new reporting framework for commercial banks (Banks) that replaces the previous structured and unstructured reporting categories with periodic and incidental reporting, while also simultaneously expanding the scope of said reporting obligations to include Representative Offices of Banks Domiciled Abroad (Kantor Perwakilan dari Bank yang Berkedudukan di Luar Negeri KPBLN). Under this updated framework, all submissions and corrections that are made to both periodic and incidental reports must be completed by Banks and KPBLN through their appointed responsible reporting officers via the OJK Reporting System (APOLO) exclusively. If such submissions are incomplete or inaccurate, then administrative fines may be imposed, with penalties reaching up to Rp. 10 million per report.
In addition to incorporating Carbon Allocation (i.e. allocations of amounts of carbon dioxide equivalent [CO2e] emissions permitted during a specific period) as a Carbon Economic Value (Nilai Ekonomi Karbon/NEK) instrument, this Regulation now recognizes Non-SPE GRK Carbon Units as a part of domestic Carbon Units trading, as derived from GHG emissions offsetting that adheres to relevant international standards. Any businesses that wish to secure Carbon Units derived from emissions offsetting are now required to prepare and submit climate change mitigation action plan documents (Dokumen Rancangan Aksi Mitigasi Perubahan Iklim/DRAM) for SPE GRK Carbon Units or project planning documents (Dokumen Perencanaan Proyek/DPP) for Non-SPE GRK Carbon Units.
This new framework now categorizes Waste-to-Renewable-Energy Processing Based on Environmentally Friendly Technologies (Pengolahan Sampah Menjadi Energi Terbarukan Berbasis Teknologi Ramah Lingkungan - PSE) into four distinct classifications. One of these new classifications is Environmentally Friendly Technology-Based Waste-to-Energy Processing (Pengolah Sampah Berbasis Teknologi Ramah Lingkungan Menjadi Energi Listrik - PSEL). PSEL facilities have now become mandatory for cities/regencies that meet certain criteria, including daily waste generation of at least 1,000 tons. The organization of PSEL comprises planning and implementation phases, while PSEL facilities should be constructed by specific Business Entities for the Development and Management of PSEL (Badan Usaha Pengembang dan Pengelola PSEL - BUPP PSEL), as selected by BPI Danantara, BUMN and/or BUMN subsidiaries. Moreover, Power-Purchase Agreements (Perjanjian Jual Beli Tenaga Listrik/PJBL) that are drawn up between PT PLN (Persero) and BUPP PSEL should set an electrical power purchase price of US$ 0.20 per kilowatt-hour (kWh) for all capacities.
Law No. 16 of 2025 on the Fourth Amendment to Law No. 19 of 2003 on State-Owned Enterprises (Badan Usaha Milik Negara BUMN) finalizes Indonesias BUMN governance reform, refining several provisions introduced under the earlier Bill. This reform primarily involves the transformation of the Ministry of BUMN into BP BUMN, among other updates that have been introduced.
The Draft Bill (Draft Bill) on the Third Amendment to Law No. 10 of 2009 on Tourism introduces a comprehensive framework for sustainable and data-driven tourism governance through the rolling out of 12 specific Tourism Ecosystem elements. The various rights and obligations that the Draft Bill addresses are aimed at promoting cultural preservation and community empowerment, while granting equal digital access for business actors. The Draft Bill is also aimed at the empowerment of the government in terms of the collection of foreign tourist levies and the offering of fiscal and non-fiscal incentives.
Following the appointment of PT Kliring Penjaminan Efek Indonesia (KPEI) in the role of Tri-Party Agent (TPA), KPEIs Board of Directors has now issued a new framework that outlines the various eligibility requirements, fee provisions and sanctions that apply to TPA Service Users (Service Users) during Repurchase Agreement (Repo) transactions that are undertaken through TPA Repo Facilities. Any Service Users acting as Repo Sellers, Buyers or Agents must meet certain specific KPEI requirements. In order to ensure compliance with these requirements, KPEI may impose written reprimands, suspend access or revoke the approvals of any Service Users, with the imposition of all such sanctions ultimately having to be reported to Bank Indonesia and the Financial Services Authority.
In addition to pharmaceutical service facilities (Pharmaceutical Facilities), which are currently allowed to manage drugs, drug ingredients, narcotics, psychotropics and pharmaceutical precursors (collectively referred to as Drug Products), this Draft Regulation now permits other non-Pharmaceutical Facilities (Other Facilities) to provide drugs and pharmaceutical precursors. It should be noted that these Other Facilities have been limited to dealing with over-the-counter drugs (obat bebas), limited over-the-counter drugs (obat bebas terbatas) and drugs containing pharmaceutical precursors classified as limited over-the-counter drugs. Meanwhile, the Draft Regulation also newly lists several prohibitions that apply to Pharmaceutical Facilities and Other Facilities during the overall management of Drug Products, including prohibitions on the procurement and distribution of Drug Products that fail to meet safety, efficacy and/or quality requirements.