25 May 2026

 On 31 March 2026, the Supreme Court of Singapore announced that the Supreme Court of Singapore and the Supreme Court of Indonesia had signed a Memorandum of Understanding to Enhance Cross-Border Communication and Cooperation in Cross-Border Insolvency Proceedings (“MOU”) on 30 March 2026. 

The MOU follows the first bilateral MOU on judicial cooperation concluded by the two judiciaries and is another significant milestone in the strong relationship between the courts. It also builds on the Model Framework for Communication and Cooperation Between ASEAN Courts in Cross-Border Insolvency Proceedings approved at the 12th Council of ASEAN Chief Justices Meeting in November 2025. Through the MOU, communication and cooperation in insolvency and restructuring matters are expected to be further strengthened, particularly through the appointment of designated points of liaison. 

Indonesia is the latest ASEAN jurisdiction to affirm its commitment to cooperation and communication in cross-border insolvency proceedings through bilateral arrangements with Singapore. The signing of the MOU follows the 2021 protocol on court-to-court communication and cooperation in cross-border corporate insolvency matters between the Federal Court of Malaysia and the Supreme Court of Singapore, as well as the 2025 memorandum of understanding between the Supreme Court of the Philippines and the Supreme Court of Singapore to enhance cross-border communication and cooperation in cross-border insolvency proceedings. 

Reference materials 

The press release is available on the Singapore Courts website www.judiciary.gov.sg and the Indonesian Supreme Court website www.mahkamahagung.go.id: