PT Kliring Penjaminan Efek Indonesia ("KPEI") is authorized to calculate and evaluate the risks associated with purchase requests (permintaan beli) and/or selling offers (penawaran jual) for every stock exchange transaction that is carried out by clearing members through the imposition of a risk charge fees. In this regard, KPEI has now introduced a risk charge that is set to be imposed upon any purchase requests and/or selling offers for derivative securities that take the form of single stock futures. In this regard, the applicable risk charge rate has been set at 4% of the relevant purchase request and/or selling offer value.
Organizers of areas (e.g. residential, commercial and public areas) in which garbage containing hazardous and toxic substances (Bahan Berbahaya dan Beracun "B3") ("B3 Garbage") and waste containing B3 ("B3 Waste") is produced ("Organizers") are required to provide temporary storage sites for specific garbage (Tempat Penampungan Sementara Sampah Spesifik B3 "TPSSS-B3"). In this regard, Organizers are also required to register their TPSSS-B3 with the relevant authorities by submitting applications and fulfilling the relevant facility and governance requirements.
Reaffirming provisions set out under previous regulatory frameworks, ISPO certification is mandatory for all palm oil plantation businesses, including corporations ("Plantation Companies") and individuals ("Farmers") (collectively referred to as "Businesses"). ISPO certification covers activities such as palm-oil cultivation, processing and integrated operations that combine both of these elements. However, Farmers are only obligated to secure such certification starting from 24 November 2025.
The Draft Regulation now mandates that equity crowdfunding service providers ("Providers") must meet a minimum paid-up capital requirement of Rp. 25 billion and a minimum equity requirement of Rp. 5 billion. Moreover, the Draft Regulation also requires providers to first secure principal approvals (persetujuan prinsip) before submitting their business license applications to the OJK.
The Draft Amendment is still being deliberated and may thus be subject to further changes. However, it is vital to note that the newly expanded authorities and tasks of Polri may potentially turn this institution into a so-called super-body-investigator that may see its authority overlapping with other institutions. Moreover, the various authorities of Polri will be identified and standardized in order to minimize any misuse, hopefully establishing greater security in order to fully protect the general public.
The administrative fines that apply to electronic systems providers (Penyelenggara Sistem Elektronik PSE) that operate User-Generated Content (UGC) platforms (PSE UGC) within the private sector will be calculated in line with several specific indices, including: 1) Content (takedown urgency); 2) UGC (number of customers); 3) Scale of business; 4) Frequency of issued reprimands; 5) Compliance; and 6) Virality. As such, fines will be calculated based on a points system up to a maximum of 5,000 points. It has now been clarified that the applicable tariff for a single PSE UGC violation point equates to Rp. 100,000 in fines.
In order to enact processes of digital reform, the Draft Amendment sets out various provisions that specifically address the organization of digital insurance services, including services that relate to the following aspects: 1) Scope of digital insurance product marketing; 2) Approvals for the organization of digital services; and 3) Electronic systems and risk management.
The development of the Capital City of Nusantara (Ibu Kota Nusantara - "IKN") will be expedited through the provision of various basic, social and/or commercial facilities and/or infrastructure. Among these facilities, various types of land rights will be granted for the utilization of land within the IKN area. The maximum limits for the validity periods of said land rights break down as follows: 1) Right to Cultivate (Hak Guna Usaha - "HGU"): maximum of 190 years; 2) Right to Build (Hak Guna Bangunan - "HGB") and Right to Manage (Hak Pengelolaan - "HPL"): maximum of 160 years.
Business entities can now initiate the management of state-owned assets (Barang Milik Negara "BMN") or theassets of state-owned enterprises (Badan Usaha Milik Negara "BUMN") provided that they meet the following criteria: 1) Must add value to assets that are being managed; 2) Must be technically integrated into the master plan within the relevant sector if new assets are being developed or constructed; 3) Must be both economically and financially viable; and 4) The proposing business entity must possess adequate financial capabilities
While individual Indonesian citizens or businesses may still enter into joint ventures with individual foreign citizens, marine transportation companies or businesses in order to form marine transportation companies, the Draft Bill is set to increase the minimum size of the mandatory Indonesian-flagged vessels of said companies from 5,000 GT to 50,000 GT. Furthermore, certain shipping-related services that are organized by foreign citizens, marine transportation companies or businesses must now work in cooperation with national marine companies that are established via joint-venture schemes. Meanwhile, the majority of the shares in said national companies must be owned by Indonesian-owned national marine companies