The government is currently deliberating a new Draft Government Regulation on the Foreign Ownership of Insurance Companies, as mandated by Article 7 (3) of Law No. 40 of 2014 on Insurance.

The Director General of Tax has issued Regulation No. PER-04/PJ/2018 on Registration Procedures for Financial Institutions and the Automatic Submission of Reports Containing Financial Information.

The Financial Service Authority has issued Circular No. 1/SEOJK.05/2018 on the Form and Structure of Periodic Reports for Insurance and Reinsurance Companies. Circular 1/2018 sets out an official list of periodic reports that must be submitted by conventional and sharia-insurance/reinsurance companies and also simplifies provisions which address reporting obligations, which were formerly addressed under several regulations.

In a bid to implement Article 42 (2) of Financial Services Authority Regulation No. 36/POJK.05/2015 on Good Corporate Governance by Venture-Capital Companies, the OJK has issued Circular No. 4/SEOJK.05/2018 on Reporting the Implementation of Good Corporate Governance for Venture-Capital Companies.

As part of the Indonesian Government's 11th Economic Policy Package, the Financial Services Authority has issued Regulation No. 64/POJK.04/2017 on Real-Estate Investment Funds in the Form of Collective-Investment Contracts.

In order to redefine the scope of financial-statement liability as it applies to the Boards of Directors of issuers or public companies, the Financial Services Authority has issued Regulation No. 75/POJK.04/2017 on the Financial-Statement Liabilities of Boards of Directors.

Member of the Board of Governors of Bank Indonesia has issued Regulation No. 19/14/PADG/2017 on the Regulatory Sandbox for Financial Technologies, which addresses technical provisions which relate to the organization of a regulatory sandbox approach for Financial Technology, as regulated under Bank Indonesia Regulation No. 19/12/PBI/2017 on the Organization of Financial Technologies.

Member of the Board of Governors of Bank Indonesia has just issued Regulation No. 19/15/PADG/2017 on Procedures for the Registration, Submission of Information and Monitoring of Financial Technology Organizers, which is an implementation of Bank Indonesia Regulation No. 19/12/PBI/2017 on the Organization of Financial Technologies.

With the objective of creating greater opportunities for national shipping companies and national insurance companies which engage in import and export activities, The Ministry of Trade has issued Regulation No. 82 of 2017 on Provisions for the Utilization of National Maritime Transportation and Insurance for the Importation and Exportation of Certain Goods.

Bank Indonesia recently issued Regulation No. 19/12/PBI/2017 on the Organization of Financial Technologies. Regulation 19/2017 is essentially aiming to accommodate technological developments, as well as to guarantee customer protection within the financial sector in a bid to maintain monetary stability and the stability of the financial system, as well as reliable payment systems capable of supporting sustained national economic growth.