The Indonesian government plans to roll out new regulations next year that will enable the establishment of trustee institutions and special-purpose vehicles (SPVs) to stimulate more investment inflows.

A report by Bloomberg on Monday, November 24, 2025 said that the upcoming rules will also allow the country’s sovereign investment authority, Danantara, to set up trust funds to manage domestic capital.

The strategic move is aimed at attracting more private and institutional funding ‒ including Indonesian-owned capital parked abroad ‒ to strengthen economic growth, said Masyita Crystallin, Director General of Financial Sector Stability and Development at the Ministry of Finance.

“This framework is something that investors in Indonesia have long wanted to see realized,” Masyita said in an interview with Bloomberg, on Monday, November 24, 2025.

She added that the initiative aligns with President Prabowo Subianto’s priority of boosting capital inflows and making domestic investment more appealing.

The reform is part of a broader agenda to mobilize domestic capital and deepen Indonesia’s financial markets to support faster economic expansion. A key focus includes repatriating funds held overseas ‒ often in Singapore, where wealthy investors and conglomerates benefit from stronger legal protections and well-established trust structures.

Indonesia’s civil law system currently does not recognize legal mechanisms that allow assets to be held and managed by trustees on behalf of beneficiaries.

Masyita cited that the forthcoming regulations ‒ derived from the 2023 Financial Sector Law ‒ will introduce legal concepts commonly applied in common law jurisdictions. These include the separation of legal and beneficial ownership, as well as bankruptcy remoteness, ensuring assets remain protected even if the trustee or fund manager becomes insolvent.

The initiative could serve as a foundation for Indonesia’s ambition to develop a regional financial hub in Bali, which is planned to operate under a common law framework in order to attract global fund managers and international financial institutions.

The new policy will also pave the way for Danantara to establish a trust fund expected to manage around US$1 billion (Rp16.7 trillion) within five years. Danantara has said the strategy could open collaborative opportunities with the Bill & Melinda Gates Foundation in education, health, and poverty alleviation.

Masyita ‒ currently the only woman leading a directorate at the Finance Ministry ‒ heads an office created in June to oversee Indonesia’s financial system stability and development. Her team is finalizing dozens of regulations mandated by the sweeping 2023 Financial Sector Law.

Under her leadership, the government is also preparing to demutualize the Indonesia Stock Exchange ‒ an important step toward transforming the bourse into a fully corporatized entity with a broader shareholder base.

“We oversee the entire financial sector chain at the macro level,” Masyita noted, emphasizing that ensuring a strong supply of financing instruments and clear, competitive regulations is essential as global financial trends evolve rapidly.