Regulatory Alerts2010-08-01
Regulation of the Head of the Commodity Futures Trading Regulatory Agency Number 01/BAPPEBTI/PER-PL/08/2010 Concerning Approval of Forward Auction Market Organizers
The Head of the Commodity Futures Trading Regulatory Agency (Bappebti) issued Regulation No. 01/BAPPEBTI/PER-PL/08/2010 to establish the approval framework for Forward Auction Market Organizers in Indonesia. The regulation defines eligible entities as provincial/district/city trade offices, cooperatives, or limited liability companies, and mandates specific capital, facility, and operational requirements for their authorization. It further outlines the application procedures, ongoing compliance obligations, reporting duties for structural changes, and administrative sanctions for non-compliance.
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