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Media Statement: Supreme Courts of Singapore and Indonesia Sign Memorandum of Understanding on Cross-Border Insolvency Cooperation

            On 30 March 2026, the Supreme Court of Singapore and the Supreme Court of Indonesia signed a Memorandum of Understanding (MOU) to Enhance Cross-Border Communication and Cooperation in Cross-Border Insolvency Proceedings. The signing ceremony was held on the sidelines of the inaugural Judicial Well-Being Workshop for ASEAN Judges in Bali, Indonesia, with both Chief Justices as the MOU signatories.

2          The MOU is another significant milestone in the robust ties between the Supreme Courts of Singapore and Indonesia, following the first bilateral MOU for judicial cooperation, and demonstrates a shared commitment by the two judiciaries to judicial cooperation. The MOU builds upon 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. It is intended that through the MOU, communication and cooperation in insolvency and restructuring will be further improved, especially through the appointment of points of liaison.  

3          Indonesia is the latest ASEAN jurisdiction to join Singapore in affirming its commitment to cooperation and communication in cross-border insolvency proceedings by entering into bilateral arrangements. This 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 and the 2025 memorandum of understanding to enhance cross-border communication and cooperation in cross-border insolvency proceedings between the Supreme Court of the Philippines and the Supreme Court of Singapore.  

 

Issued by: Singapore Courts

Date: 31 March 2026
2026/03/31

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