The Indonesia Deposit Insurance Corporation (Lembaga Penjamin Simpanan or LPS) has issued New Regulations on reporting requirements for banks’ deposit insurance.* These aim to improve bank reporting, efficiency and compliance,…
Bank Indonesia has issued New Regulations* on foreign exchange transactions, introducing key updates, including the use of smart contracts for derivative transactions. Operating on a digital platform, these smart contacts…
The Minister of Finance issued New Regulations on excise exemptions.* Effective 18 October 2024, the New Regulations simplify processes, enhance services, and offer greater legal certainty for businesses dealing with…
On 5 August 2024, the President of the Republic of Indonesia issued New Regulations* emphasising the government’s commitment to accelerating the reclamation of land degraded by mining activities, with a…
Indonesia Stock Exchange (“IDX”) has issued New Regulation* relating to stock splits and reverse stock splits. The New Regulation came into effect on 1 April 2024. The New Regulation clarify…
New Regulations relating to the operation of mineral and coal mining businesses came into force on May 2024*. The New Regulations aim to clarify the regulatory regime for special/mining business…
Bank Indonesia has responded to the increased threat of cyber crime in the financial sector by introducing new Regulation No. 2 of 2024* (the New Regulation). The New Regulation aims…
The Minister for Energy and Mineral Resources has issued updated regulations regarding the reopening of reclaimed areas*. Reclaimed Areas refers to land that has been restored or rehabilitated following mining…
The Indonesian Minister for Energy and Mineral Resources has introduced Regulation No. 6 of 2024*, which provides an extended deadline for mining companies involved in refining copper, iron, lead, and…
The Indonesia Stock Exchange (IDX) has introduced a new decree* relating to the delisting and relisting of companies, to enhance investor protection (the New Decree). The New Decree regulates two…