Government Submits DIM Revision of P2SK Law to the DPR RI
JAKARTA - The government has submitted a list of inventory problems (DIM) as a follow-up to the discussion of the revision of Law Number 4 of 2023 concerning the Development and Strengthening of the Financial Sector (P2SK).
The DIM will be discussed further in the internal meeting of the working committee (panja) in the DPR which has been formed.
"In accordance with Presidential Letter No. R72/Pres/11/2025 dated November 27, 2025, the President has assigned the Minister of Finance, the Minister of Law and Human Rights, and the Minister of Law and Human Rights to represent the government in discussing the bill on the Amendment to the P2SK Law," said the Minister of Finance.
The Panja consists of eight factions in the DPR RI, with a total of 30 members according to the proportion of each faction. The chairman of the panja is held by Mohamad Hekal.
Purbaya said that through the revision of the P2SK Law, the financial sector was encouraged to become an engine of economic growth that was able to channel financing to the productive sector.
The financial sector reform that has been started through the issuance of the P2SK Law must be accelerated to support the achievement of national development.
Chairman of Commission XI of the Indonesian House of Representatives, Mukhamad Misbakhun, explained that the revision of the P2SK Law was an initiative of the DPR which emerged as a follow-up to the existence of a material test (judicial review) of Law Number 4 of 2023 concerning P2SK. However, the DIM in this discussion still comes from the government.
Regarding the target for the completion of the revision of the P2SK Law, Misbakhun did not set a specific target time, considering that the discussion will be carried out carefully and comprehensively to produce regulations that provide a positive response to the market.
He added that this kind of regulatory strengthening is indeed needed in line with the dynamics that occur in the financial industry, especially in the capital market which has recently been depressed.
"Our financial industry needs to be regulated more strongly in the law. With the many events in the stock exchange and capital market, this is one of them is to want to hear more strongly what the aspirations of these capital market players are to be strengthened in the law," he said.
A number of issues that are the focus of discussion of the revision of the P2SK Law include the regulation of digital assets, crypto exchanges, and strengthening the capital market.
In addition, one of the materials that is the object of judicial review is the mechanism for preparing the budget at the Deposit Insurance Corporation (LPS).
"Then how can the new KUHAP (Code of Criminal Procedure) system be accommodated in law enforcement in the financial sector, where the new KUHAP is promoting restorative justice and this must be accommodated in the financial sector," he added.