The Financial Services Authority (Otoritas Jasa Keuangan/OJK) is currently drawing up a Draft Circular ("Draft Circular") which, when it ultimately comes into force, will serve as an implementing Regulation on the organization of information technology-based joint funding services (layanan pendanaan bersama berbasis teknologi informasi "P2P Lending") within Indonesia. Among the various provisions set out therein, the Draft Circular specifies that P2P lending funders and recipients of funds must be at least 18 years of age or legally married. In addition, P2P Lending organizers must adhere to the maximum prescribed economic benefits rate when facilitating any funding, which encompasses interest, margin, profit sharing and other applicable fees and charges.

This Circular outlines six detailed aspects that relate to trade of digital financial asset, including crypto assets (collectively referred to as "Assets"), including: 1) Procedures for the notification of crypto-asset trade; 2) Procedures and mechanism for the submission of evaluation result of crypto assets in the crypto asset list ("Crypto List"); 3) Business plan of digital financial asset trading organizers ("Organizers"); and 4) The scope, procedures and mechanisms for the submission of periodic and incidental reports by Organizers.

The 2025 version of the Draft Bill on Cybersecurity and Defense primarily outlines various measures relating to cybersecurity and cyber protection that must be implemented by three key types of entities, specifically: 1) Information Infrastructure Operators ("Operators"); 2) Critical Information Infrastructure (Infrastruktur Informasi Kritikal "IIK") Operators; and 3) Providers of products and/or services that involve IIK management. These entities will now have to implement various proactive steps in order to prevent and address cyber incidents, such as reporting all such incidents to the Cyber Agency and safeguarding their information infrastructure.

The latest iteration of the Draft Bill on the Amendment to the Mining Law places a strong emphasis on downstream processing in order to advance Indonesias industrial capabilities. It also seeks to streamline WIUP prioritization for various entities in an effort to boost regional economies and educational opportunities with the ultimate goal of improving the overall management and exploitation of mineral and coal resources.

In addition to unifying the existing frameworks for tax examinations ("Examinations"), this new Regulation has now redefined the classifications of said Examinations, which now include: 1) Thorough Examination: which covers all aspects of a tax return and/or Tax Object Notification Letter (Surat Pemberitahuan Objek Pajak SPOP); 2) Focused Examination: which focuses on one or more aspects of a tax return and/or SPOP; and 3) Specific Examination: which is specifically conducted in a simplified manner in relation to one or more items in a tax return and/or SPOP, related data or certain tax obligations.

The Unemployment Insurance (Jaminan Kehilangan Pekerjaan/JKP) program has been revised in order to bring it into line with social and economic changes that are taking place within Indonesia. Said revisions include adjusted contribution rates, a broadening of admissible evidence for terminations, an increase in cash benefit amounts to a flat 60% of wages for six months and an extension of the benefits claim period to six months.

The new framework now stipulates that registration statement for a public offering becomes effective on the 20th business day after its complete submission or earlier if the OJK declares its effectiveness sooner. After the registration statement becomes effective, the Initial Offering Period must be last at least three business days and no longer than 20 business days. This period may commence after OJK grants approval for the Issuer to proceed with the Initial Offering and after the Issuer has completed the necessary upload and announcement of relevant documents.

The radiofrequency spectrum based on class licenses for Radio Local Area Networks equipment and/or devices ("RLAN Devices") has now been divided into various radiofrequency bands depending on RLAN Device types. RLAN Devices operating within these bands must comply with specific technical standards and testing methods. Furthermore, compliance with the aforementioned technical standards must be demonstrated through certification, which can be secured through the submission of certain types of documents.

In order to ensure that journalistic ethics are upheld as AI comes to play an ever-greater role in daily life, Regulation 1/2025 sets out clear responsibilities for media companies, who must work to ensure the accuracy of all AI-generated content, prevent the publication of any harmful or discriminatory material and comply with copyright laws. Transparency is also a vital component of this new framework, which mandates full disclosure regarding AI-generated images, voices and avatars, as well as the securing of consent from any affected individuals. Additionally, media companies are required to label all AI-generated advertisements and must adhere to advertising ethics and legal standards.

The new draft regulation ("Draft Regulation") that is ultimately set to repeal and replace Regulation of the Government No. 79 of 2014 ("Regulation 79/2014") on National Energy Policy (Kebijakan Energi Nasional "KEN") introduces a wide variety of revisions to various KEN-related aspects, including: 1) The previously established KEN will be extended until 2060; and 2) Decarbonization within the energy sector and development of the green economy have now been incorporated as areas of primary KEN focus.