Regulatory Alerts2018-12-20
Regulation of the Commodity Futures Trading Regulatory Agency Number 9 of 2018 Concerning Approval as Warehouse Manager of the Warehouse Receipt System
The Commodity Futures Trading Regulatory Agency (Bappebti) issued Regulation No. 9 of 2018 to establish the requirements and procedures for obtaining approval as a Warehouse Manager under the Warehouse Receipt System. The regulation mandates that applicants meet specific capital, personnel competency, and facility standards while undergoing integrity and suitability tests by Bappebti. Furthermore, it aligns the approval process with the Electronic Integrated Business Licensing system (OSS) and repeals previous regulations governing warehouse manager approvals.
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