As we welcome the month of March, we bring you essential regulatory updates that will impact Indonesia’s financial and investment landscape. From the foreign exchange earnings from natural resources exports placement obligation and updated provisions on bank secrecy to the transfer of regulatory and supervisory duties for crypto assets and financial derivatives, these changes highlight the government’s continued efforts to strengthen compliance, transparency, and market stability.

Additionally, we cover Bank Indonesia’s latest regulation on financial data oversight, new rules on mutual fund transactions, and enhancements to Indonesia’s capital market infrastructure. Lastly, we discuss the updated procedures for supervising beneficial ownership identification, reinforcing corporate governance standards.

As this edition coincides with the holy month of Ramadan and Eid al-Fitr, we extend our warmest wishes to those celebrating. Eid Mubarak! May this festive season bring you peace, prosperity, and happiness.

Warm regards,
The BLP Team