The Financial Services Authority Regulation No. 1 of 2026 on the Utilization of Foreign Workers by Banks (“OJK Reg 1/2026”) introduces a more restrictive and structured framework for the employment of foreign workers (“TKA”) in the Indonesian banking sector, emphasizing tighter eligibility criteria, clearer role limitations, and stronger regulatory oversight. The regulation requires banks to integrate TKA utilization into their business plans, obtain prior OJK approval for key roles, and implement mandatory knowledge transfer programs to support domestic workforce development, while also imposing a maximum employment period of five years and enhanced reporting obligations to ensure ongoing supervision.