Discussion on P2SK Bill Not Yet Complete, Still Addressing These Issues!

Jakarta, CNBC Indonesia - Commission XI of the Indonesian House of Representatives (DPR RI) and the government reconvened for a closed-door meeting to discuss the Financial Sector Strengthening Bill (P2SK) at the DPR RI Building in Jakarta on Wednesday (8/4/2026). Chairman of Commission XI DPR RI, Mukhamad Misbakhun, stated that this meeting addressed upcoming agendas related to the formulation in drafting the P2SK Bill. “We only discussed several agendas that need to be finalised, originating from the government’s formulations. The government is formulating several points that must first be discussed at the government level,” Misbakhun told the media. Misbakhun said that completing the P2SK Bill will still require time, but there is no certainty on when. Previously, there were reports that the P2SK Bill formulation would be finalised this week. “The government wants to reformulate several issues. If the government hasn’t formulated those issues yet, what does that mean? It still needs time to be prepared,” Misbakhun said. In the previous meeting, Finance Minister’s Expert in Financial Sector Development, Herman Saheruddin, revealed that a total of 1,123 items in the List of Problem Inventory (DIM) were submitted, of which 751 are main points or explanations. He explained that the scope of the bill’s discussion is very broad, ranging from non-bank financial industries (IKNB) to the banking sector. “The P2SK Bill previously had so many omnibus clauses, so perhaps there are parts that, after being reviewed again and given the very dynamic developments in recent months, need adjustment,” Herman said when met at the DPR RI Building, quoted on Wednesday (8/4/2026). Herman highlighted global dynamics that are also considered in strengthening this policy, from trade war tensions to geopolitical conflicts. “So that the financial sector market and its financial markets can be stronger, more transparent, and stable,” he emphasised.