Regulatory Alerts2015-01-15
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The Head of the Commodity Futures Trading Regulatory Agency (Bappebti) issued Regulation No. 04/BAPPEBTI/PER-PL/01/2015 to amend previous regulations regarding the approval of Forward Commodity Auction Market organizers. This regulation modifies Article 11 to allow Bappebti to grant a one-year temporary approval extension to provincial, regency, or city trade offices that are still in the process of meeting statutory requirements. The temporary approval is subject to annual evaluation by the Bappebti Head to ensure compliance with the necessary organizational standards.
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