2023-09-15
The Commodity Futures Trading Regulatory Agency (Bappebti) issued Regulation No. 7 of 2023 to establish the operational framework for trading physical Crude Palm Oil (CPO) on futures exchanges. The regulation defines key terms, quality standards, and contract types while mandating that only approved exchanges and clearing houses may facilitate these transactions. It further outlines the institutional requirements, approval processes, and obligations for exchanges, clearing houses, and participants to ensure market integrity and risk management.