Covering DPK, Council Decision, Guidance, Administrative Monetary Penalty, Trade Investigation. Updates cover DPK regulations strengthening energy efficiency compliance, Council Decision impacts, new Guidance on corporate governance, Administrative Monetary Penalties in Malaysia, and Trade Investigations in banking sectors across ASEAN.
Regulatory news, updates, and insights for countries in the ASEAN region presented by the Carver Agents team
Welcome to Carver's ASEAN Regulatory Updates for June 29, 2026.
In Singapore, the National Environment Agency, or NEA, has strengthened regulations effective July 1, 2026, to encourage more energy-efficient purchases. End users importing regulated goods for their own use must now register these goods with NEA before importation. Upon approval, a Certificate of Registration, valid for three years and renewable, will be issued. Advertising rules have also been tightened: advertisements of non-compliant regulated goods are prohibited; energy labels or ratings must be prominently displayed. These measures extend the Mandatory Energy Labelling Scheme and Minimum Energy Performance Standards to cover all regulated goods imported for own use, aiming to reduce lifecycle energy costs and carbon footprints while ensuring market-wide energy efficiency compliance.
Turning to Malaysia, Bank Negara Malaysia has published policy documents detailing corporate governance, strategic plans, and performance measurement for prescribed Development Financial Institutions, or DFIs. These updates include the imposition of administrative monetary penalties on specific entities for regulatory breaches. The policies emphasize adherence to updated corporate governance standards and compliance with anti-money laundering and counter-financing of terrorism regulations to avoid penalties. Additionally, key financial statistics and monetary policy statements have been updated, providing stakeholders with important information on monetary policy and financial stability, which impacts risk management and compliance.
In Indonesia, the Financial Services Authority, known as OJK, revoked the license of BPR Ceper Permata Artha effective June 25, 2026. This action triggered the Indonesia Deposit Insurance Corporation, or LPS, to initiate deposit insurance claim payments and liquidation processes for the bank's customers. LPS will reconcile and verify deposit data within 90 working days. Payments to depositors will be made in stages during this period. Depositors must meet LPS’s three T conditions: being recorded in the bank’s books, having an interest rate not exceeding the LPS guarantee rate, and having no involvement in criminal acts harming the bank.
Also in Indonesia, LPS announced an adjustment to the maximum guaranteed interest rates, known as TBP, to strengthen banking stability. The TBP for Rupiah deposits in general banks and Bank Perekonomian Rakyat increased by 25 basis points to 3.75% and 6.25% respectively; TBP for foreign currency deposits in general banks remains at 2.00%. Banks are required to apply these updated TBP rates for deposit insurance coverage and communicate the information transparently to customers through all channels, including digital platforms. Deposits must also meet the three T criteria: recorded in bank books, interest rates not exceeding the TBP, and no relation to unlawful acts.
That wraps up today's regulatory updates. Visit carveragents.ai for more information.