Continuing our Overview Series on the Omnibus Law and in light of the issuance of the implementing regulations to the law, our team is currently examining these regulations to assess their impact on your business.

In Indonesia, both a merger and acquisition are statutorily governed acts that require compliance with the Company Law.

On 29 December 2014, Bank Indonesia issued a new regulation (No. 16/21/PBI/2014) on the Implementation of Prudential Principles in Managing Offshore Loans by Non- Bank Corporations ("PBI No. 16/21").

In November 2015, the Financial Authority Services (Otoritas Jasa Keuangan – "OJK") issued Regulation No. 15/POJK.04/2015 on Implementation of Sharia Principles in Capital Markets ("POJK 15"), replacing Bapepam-LK Regulation No. IX.A.13 concerning Issuance of Sharia Securities ("Bapepam Reg. IX.A.13").

On March 31, 2026, through Decree No. Kep-00045/BEI/03-2026, the IDX issued its revised rules for listing on the main board and development board (the IDX Listing Rule).

Members of the BI Board of Governors Regulation No. 22/33/PADG/2020 dated December 1, 2020, regarding the Third Amendment of Members of the BI Board of Governors...

In November 2009, the Indonesian Directorate General of Taxation issued two key tax regulations (Director General of Tax Regulations Nos. 61/ PJ/2009 and 62/PJ/2009, the "Regulations").

Against a backdrop of widespread unauthorized disclosure of personal data and dubious business practices that frequently leave consumers of financial services aggrieved or out of pocket...

In an effort to strengthen the governance framework for commercial banks, Indonesia's Financial Services Authority (Otoritas Jasa Keuangan or "OJK") issued Circular Letter No. 14/SEOJK.03/2025...

As part of its efforts to strengthen domestic industries and promote economic resilience, the Indonesian government...

The Law on Financial Sector Development and Strengthening (Undang-Undang Pengembangan dan Penguatan Sektor Keuangan or "PPSK Law") has effectively amended provisions...

With the growth of illegal investment platforms recently, the Indonesian Commodity Futures Trading Regulatory Agency (Badan Pengawas Perdagangan Berjangka Komoditi or "Bappebti")...

In Indonesia, any restructuring or reorganization that relates to bankruptcy is regulated under Law No. 37 of 2004 concerning Bankruptcy and Suspension of Payment ("Bankruptcy Law").

Further to Law No. 4 of 2023 on Development and Strengthening of Financial Sector ("P2K Law"), Bank Indonesia ("BI") issues Regulation No. 6 of 2023 on Money Market and Foreign Exchange Market...

In recent years, Indonesia's Fintech sector has grown rapidly and made considerable impacts on the country's financial services.

Indonesia's Commodity Futures Trading Regulatory Agency (Badan Pengawas Perdagangan Berjangka Komoditi or "Bappebti") recently issued Circular Letter No. 209/BAPPEBTI/SE/06/2025...

Indonesia's central bank, Bank Indonesia ("BI"), has issued several regulations that reform the legal framework for payment systems in Indonesia.

Indonesia's financial regulator OJK has released draft rules establishing a comprehensive financial reporting integrity framework for fintech, digital financial assets, and crypto asset providers. The proposed regulation introduces mandatory internal controls, governance accountability measures, and significant penalties for reporting violations, extending liability beyond provider entities to directors, commissioners, controlling shareholders, and employees.

On 30 July 2021, the Financial Services Authority/Otoritas Jasa Keuangan ("OJK") issued (i) OJK Regulation No. 12/POJK.03/2021 on Commercial Banks ("OJK Reg 12/2021")...

On December 24, 2024, Indonesia's Financial Services Authority (Otoritas Jasa Keuangan or "OJK") issued a regulation aimed at improving the oversight and operational framework for peer-to-peer ("P2P").