On 30 December 2025, the Minister of Finance issued MoF Regulation No. 113 of 2025 on Excise Refunds. This regulation revokes MoF Regulation No. 113/PMK.04/2008 of 2008 on Excise Refunds and/or Administrative Sanction in the Form of Fines.

The Financial Services Authority (Otoritas Jasa Keuangan or "OJK") has introduced new rules concerning material transactions and changes of main business activities by public companies in Indonesia.

Indonesia is strengthening its efforts to achieve Indonesia's Net Zero Emission by 2060. In August 2023, the Financial Service Authority issued OJK Regulation No. 14 of 2023 on Carbon Trading Through Carbon Exchange ("OJK Reg 14/2023").

Commercially speaking, wine distribution and consumption in Indonesia continue to be largely dominated by foreign wineries with the United States, Italy, Singapore, Australia, and France sitting on the top five of Indonesia's favourite exporting countries.

The Government of Indonesia ("GOI") is continuing its policy of reforming state-owned enterprises (Badan Usaha Milik Negara or "BUMN"). Global competition requires that BUMNs should compete with the private sector. Since the 2003 enactment of Law No. 19 of 2003 Regarding State-owned Enterprises (the "BUMN Law"), many efforts have been made to tighten up the organization of BUMNs, including implementation of good corporate governance and a program to privatize and restructure BUMNs to make them

The Financial Service Authority ("OJK") recently issued OJK Regulation No. 10/POJK.05/2022 dated July 4, 2022 on Information Technology Based Collective Financing Services ("POJK 10/2022").

(12 August 2022) Indonesia's Financial Services Authority (Otoritas Jasa Keuangan or "OJK") has issued a new regulation on information technology-based co-financing services, which include peer-to-peer ("P2P") lending.

Over the past decade, numerous cases of fraud have been recorded in Indonesia's financial service sector.

Indonesia's Supreme Court has introduced a new regulatory framework establishing exclusive jurisdiction for Commercial Courts to handle bank liquidation and deposit insurance disputes. The regulation creates structured timelines and digital procedures for customers challenging decisions by the Deposit Insurance Corporation, while introducing fast-track mechanisms for lower-value claims. These procedural reforms aim to provide greater legal certainty and efficiency in resolving disputes arising from bank fai

Does your jurisdiction regulate Fintech services under the traditional Financial Services laws or does it have any ad hoc regulatory frameworks for fintech services? (Financial Services Laws/Ad Hoc Framework/Hybrid)

Indonesia is an attractive destination for investors and/or persons looking to expand their businesses or implement non-profit activities. This is due to one crucial and overall factor.

Over the past two years, the Government of Indonesia has gradually been developing a regulatory framework on carbon pricing and trading through Presidential Regulation No. 98 of 2021 on the Implementation of Carbon Pricing ...

What is the legislative and technology framework for governing personal information ("PI") in your jurisdiction? Does your jurisdiction have a dedicated data protection law?

Efforts to reduce greenhouse gas ("GHG") emissions have rightfully called for the international community's attention, and Indonesia is not isolated from this multinational endeavor.

The impact of the regional monetary crisis in 1997–1998 included a high inflation rate, devaluation of the Indonesian rupiah, a fall in foreign investment, capital flight and a high unemployment rate. All this in turn created political as well as economic instability in the country. Three changes in government over the succeeding five years added to such problems.

In response to the current challenges of Information Technology-Based Peer-to-Peer Lending Services ("P2P Lending") business activities in Indonesia (e.g., illegal P2P providers, personal data breach...

The most significant legal development in Indonesia's Fintech sector is the enactment of Law No. 4 of 2023 on Development and Strengthening of Financial Sector ("Law 4/2023").

Since minerals are regarded as strategic national resources that must be managed and utilized effectively, the Ministry of Energy and Mineral Resources of the Republic of Indonesia ("MoEMR") issued...

SSEK Legal Alert is a monthly publication of SSEK, Indonesian Legal Consultants. SSEK's lawyers, advisors and associates provide a wide range ...

On February 26, 2006 the President of the Republic of Indonesia issued Presidential Instruction No. 3 of 2006 Regarding Policy Package for Improvement of the Investment Climate (PI 3). The issuance of PI 3 is intended to revive and improve investment in Indonesia so that it will become increasingly clear and transparent to both local and foreign investors; The following two issues are discussed in this article: 'Broadcasting Regulations to be Revised' and 'Infrastructure Procurement&