Government Regulation No. 24 of 2026: Indonesia’s New Export Governance Framework for Strategic Natural Resource Commodities

July 2026 OVERVIEW  The Government of Indonesia has introduced a significant reform to the export governance of strategic natural resource commodities through Government Regulation No. 24 of 2026 on the Governance of Exports of Strategic Natural Resource Commodities ("GR 24/2026"). GR 24/2026 establishes a single-window export framework under designated State-Owned Export Enterprises (BUMN Ekspor), representing [...]

New Regulation on Outsourcing Work in Indonesia

21st May 2026 OVERVIEW Indonesia has introduced a development in its labor law framework through the enactment of Minister of Manpower Regulation No. 7 of 2026 concerning Outsourcing Work (Pekerjaan Alih Daya) (“MoM Reg. No. 7/2026”), which was enacted on 30 April 2026. MoM Reg. No. 7/2026 issued before the May Day 2026 commemoration, which [...]

Amendments to Free Float Requirements in IDX Listing Rule

28th April 2026 OVERVIEW Following recent market developments, the Indonesia Stock Exchange ("IDX") has issued the Decree of the Board of Directors of IDX No. Kep-00045/BEI/03-2026 concerning the Amendment to Regulation No. I-A on the Listing of Shares and Equity Securities Other than Shares Issued by Listed Companies, dated 31 March 2026 (the “New IDX [...]

Key Highlights of OJK Regulation No. 40 of 2025

30th March 2026 OVERVIEW   On 19 December 2025, the Indonesian Financial Services Authority (Otoritas Jasa Keuangan – “OJK”) issued OJK Regulation Number 40 of 2025 on the Use of Proceeds from Public Offering (“POJK No. 40/2025”), revoking and replacing the OJK Regulation Number 30/POJK.04/2015 on the Report on the Realization of the Use of [...]

Key Highlights of Minister of Law Regulation No. 49 of 2025

27th February 2026 OVERVIEW On 17 December 2025, the Government enacted Minister of Law Regulation No. 49 of 2025 (“MoL Reg. 49/2025”), replacing Minister of Law and Human Right Regulation No. 21 of 2021 and introducing updates to the requirements and procedures for the establishment, amendment, and dissolution of limited liability companies in Indonesia. This [...]

Deferred Prosecution Agreement as The Out-Of-Court Settlement Option Under The Law Number 20 of 2025 Regarding Criminal Procedure Law

29th January 2026 OVERVIEW Indonesia officially adopts the Deferred Prosecution Agreement (“DPA”) under Law No. 20 of 2025 on Indonesia Criminal Law Procedure. The DPA is designed to facilitate efficient law enforcement and enhance corporate compliance and remediation by permitting corporations to undertake corrective measures in lieu of immediate prosecution, subject to the fulfillment of [...]

Key Differences Between OJK Circular Letter No. 25/SEOJK.04/2025 and No. 15/SEOJK.04/2020 on Electronic IPO Order Verification and Allotment

12th December 2025 OVERVIEW The Indonesian Financial Services Authority (OJK) has issued OJK Circular Letter No. 25/SEOJK.04/2025 (“SEOJK 25/2025”) to replace OJK Circular Letter No. 15/SEOJK.04/2020 (“SEOJK 15/2020”). The new circular updates the rules on order and fund verification, and pooling allotment in electronic IPOs. SEOJK 25/2025 aims to strengthen investor protection and ensure fair [...]

Indonesia’s Legal Framework on Music Royalties

3rd September 2025 OVERVIEW The controversy regarding the payment of royalties has recently become a public attention. Many business actors remain unaware of the regulations on music royalties. In fact, the provisions regarding royalties have been regulated since Law No. 28 of 2014 on Copyright and were further elaborated in Government Regulation No. 56 of [...]