Regulatory Alerts2021-04-01
Bappebti Regulation No. 3 of 2021 on Technical Provisions for the Organization of Spot Commodity Auction Markets
The Head of the Commodity Futures Trading Regulatory Agency (Bappebti) issued Regulation No. 3 of 2021 to establish technical provisions for organizing spot commodity auction markets in Indonesia. The regulation defines eligible organizers, membership requirements, and operational standards, including mandatory electronic trading systems and immediate physical delivery of commodities. It further mandates strict reporting obligations to Bappebti and outlines administrative sanctions for non-compliance by market organizers.
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