Regulation: Law No. 4 of 2026 (Updating P2SK Law Framework).

Summary: This law mandates the transition of the Indonesia Stock Exchange (IDX) from a mutual entity to a demutualized shareholder structure. Crucially, direct individual foreign ownership is prohibited; foreign entities may only participate via established Indonesian legal entities (local SPVs).

Legal Implication: Global financial firms and brokerage houses must audit their exchange membership structures. Any direct individual stakes must be restructured into corporate holdings to remain compliant with the new OJK implementing guidelines.

Regulation: Ministry of Forestry Approval (June 24, 2026) & Launch of National Carbon Registry (SRUK).

Summary: Following a four-year bottleneck, the government has authorized the issuance of over 30 million tons of CO2e in forestry carbon credits. The National Carbon Unit Registry (SRUK) is scheduled for official activation on July 9, 2026.

Legal Implication: Multinational corporations can now formally offset domestic emissions via verified local projects. General Counsel should ensure that carbon credit purchase agreements (CPAs) are registered in the SRUK to satisfy future mandatory emission reporting.

Regulation: BKPM/Ministry of Investment Regulation No. 5 of 2025.

Summary: All foreign-owned companies (PT PMA) are required to submit their Investment Activity Report (LKPM) for the period of April–June 2026 through the OSS RBA system. The mandatory submission window is July 1 to July 15, 2026.

Legal Implication: Failure to report triggers immediate automated administrative warnings. Persistent non-compliance leads to the blocking of customs access (NIK) and potential revocation of Business Identification Numbers (NIB), halting operational import/export capabilities.