| Issue Number : 4985ID See Translation Version

While maintaining the original list of products defined as Crude Palm Oil ("CPO"); Refined, Bleached and Deodorized Palm Oil ("RBDPO"); Refined, Bleached and Deodorized Palm Olein ("RBDPL"); and Used Cooking Oil ("UCO") (collectively referred to as "Palm Oil Derivative Products"), the new framework now includes residues of Palm Oil Derivative Products (i.e. palm oil mill effluent oil, high acid palm oil residue and empty fruit bunch oil). Moreover, the applicability of export provisions to Palm Oil Derivative Products has also now been expanded to encompass releases of Palm Oil Derivative Products from Special Economic Zones (Kawasan Ekonomi Khusus "KEK") and/or bonded storage areas to destinations lying outside of customs areas.

| Issue Number : 4984ID See Translation Version

A new concept of a limited testing framework within the commodity futures trading sector ("Sandbox") has now been introduced. Implemented by the Commodity Futures Trading Supervisory Agency (Badan Pengawas Perdagangan Berjangka Komoditi "Bappebti"), this initiative has been introduced in an effort to support the development of new business models, specific innovations and/or the accelerated growth of the commodity futures trading sector ecosystem.

| Issue Number : 4983ID See Translation Version

A new integrated electronic sea system (Sistem Elektronik Perhubungan Laut Terintegrasi "SEHATI") has been launched in an effort to enhance the efficiency and quality of public services within the sea transportation sector. Managed by the Directorate-General of Sea Transportation, the new system simplifies various bureaucratic processes by centralizing services such as the issuance of certification, non-tax state revenue billing and regulatory approvals. The new system also enables businesses, as well as central and local government agencies, to access services more conveniently and support collaborations with other public systems, improving overall service delivery.

| Issue Number : 4982ID See Translation Version

The Regulation introduces a stricter management regime for the reserve capacities of transporters, which are now required to allocate at least 20% of their maximum flow capacities to the public interest or government initiatives. Transporters must submit annual plans detailing their transportation capacities and ensure that they manage their reserve capacities transparently. In addition, administrative penalties, including fines, may ultimately be imposed upon transporters who fail to meet these obligations.

| Issue Number : 4981ID See Translation Version

This updated Regulation introduces a number of significant changes to the existing framework for this area by incorporating the new BI Services Application (Aplikasi Layanan BI "ALB") alongside the existing BI Licensing Application (Aplikasi Perizinan BI "APBI"). This initiative has been introduced in an effort to modernize the licensing process, providing more flexibility through the availability of both digital (paperless) and physical submission options during the transition. Meanwhile, the creation of ALBI reflects ongoing BI innovations and is expected to simplify license applications and processing.

| Issue Number : 4980ID See Translation Version

The recently introduced Regulation has extended the registration fee exemption for carbon exchange users until 25 September 2025. Initially set under previous provisions, this exemption has now been extended, allowing businesses more time to register as carbon exchange service users without incurring any registration costs. This extension is aiming to encourage participation in carbon trading activities, making it easier for companies to join the platform by removing the financial barriers that have been put in place during the registration phase.

| Issue Number : 4979ID See Translation Version

Lecturers have been classified into two main categories, permanent lecturers (i.e. lecturers who are employed full-time and required to meet minimum workloads) and non-permanent lecturers (i.e. lecturers who work part-time and have fewer obligations). Furthermore, a new set of administrative sanctions will apply to state or private higher education institutions that commit a wide range of violations during the employment, certification and/or provision of benefits to lecturers. Said sanctions range from written reprimands and suspensions of activities up to the revocation of issued permits.

| Issue Number : 4978ID See Translation Version

The applicable provisions and procedures for the organization of Central Counterparty institutions ("CCP") that relate to the clearing and settlement of money and/or foreign exchange market (Pasar Uang dan/atau Pasar Valuta Asing "PUVA") transactions ("Rule Book") outline a wide-array of aspects that range from general provisions up until the imposition of administrative sanctions. In this regard, the Rule Book outlines a total of 13 requirements that have to be met by parties that wish to become CCP members. Moreover, securing said membership requires relevant applicants to submit applications and required documents to PT Kliring Penjaminan Efek Indonesia (KPEI).

| Issue Number : 4977ID See Translation Version

While maintaining the original four forms of administrative sanctions, the new framework has now specified a new mechanism for the imposition of administrative fines. A maximum imposable fine of Rp. 3 billion has now been set for each violation. In this regard, the administrative fines that can be imposed differ based on the violations committed, including 5% of the relevant investment value (calculated based on the accumulation of relevant fixed and working capital) for failing to secure any environment-related business permits or approvals.

| Issue Number : 4976ID See Translation Version

The OJK will stipulate the following supervision statuses for certain types of PVML: 1) Normal supervision; 2) Intensive supervision; or 3) Special supervision. The Draft Regulation sets certain criteria for certain types of PVML and periods, which fall under certain statuses, specifically intensive and special supervision.

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