FINANCIAL SERVICES AUTHORITY REGULATION

OF THE REPUBLIC OF INDONESIA

NUMBER 15 OF 2026

CONCERNING

THE PHASED TRANSITION OF REGULATORY AND SUPERVISORY TASKS AND AUTHORITY FOR TRANSACTIONS ON THE STRATEGIC MINERALS AND COMMODITIES EXCHANGE FROM THE COMMODITY FUTURES TRADING REGULATORY AGENCY TO THE FINANCIAL SERVICES AUTHORITY

BY THE GRACE OF GOD THE ALMIGHTY,

THE BOARD OF COMMISSIONERS OF THE FINANCIAL SERVICES AUTHORITY,

Considering: that in order to implement the provisions of Article II number 7 letter c of Law Number 4 of 2023 concerning the Development and Strengthening of the Financial Sector as amended by Law Number 4 of 2026 concerning Amendments to Law Number 4 of 2023 concerning the Development and Strengthening of the Financial Sector, it is necessary to establish a Financial Services Authority Regulation concerning the Phased Transition of Regulatory and Supervisory Tasks and Authority for Transactions on the Strategic Minerals and Commodities Exchange;

Recalling: 1. Law Number 21 of 2011 concerning the Financial Services Authority (State Gazette of the Republic of Indonesia Year 2011 Number 111, Supplement to the State Gazette of the Republic of Indonesia Number 5253) as amended several times, most recently by Law Number 4 of 2026 concerning Amendments to Law Number 4 of 2023 concerning the Development and Strengthening of the Financial Sector (State Gazette of the Republic of Indonesia Year 2026 Number 62, Supplement to the State Gazette of the Republic of Indonesia Number 7180);
2. Law Number 4 of 2023 concerning the Development and Strengthening of the Financial Sector (State Gazette of the Republic of Indonesia Year 2023 Number 4, Supplement to the State Gazette of the Republic of Indonesia Number 6845) as amended by Law Number 4 of 2026 concerning Amendments to Law Number 4 of 2023 concerning the Development and Strengthening of the Financial Sector (State Gazette of the Republic of Indonesia Year 2026 Number 62, Supplement to the State Gazette of the Republic of Indonesia Number 7180);

DECIDING:

Establishing: A FINANCIAL SERVICES AUTHORITY REGULATION CONCERNING THE PHASED TRANSITION OF REGULATORY AND SUPERVISORY TASKS AND AUTHORITY FOR TRANSACTIONS ON THE STRATEGIC MINERALS AND COMMODITIES EXCHANGE FROM THE COMMODITY FUTURES TRADING REGULATORY AGENCY TO THE FINANCIAL SERVICES AUTHORITY.

Article 1
In this Financial Services Authority Regulation, the Strategic Minerals and Commodities Exchange is defined as an organized and integrated market system that conducts trading of strategic minerals and commodities, including their derivatives, supported by a funding ecosystem, digital-based financial instruments, and price, quality, transaction settlement, and risk management mechanisms as referred to in the Law concerning the development and strengthening of the financial sector.

Article 2
The Financial Services Authority has the authority to carry out regulatory and supervisory tasks for the Strategic Minerals and Commodities Exchange in accordance with applicable legislation.

Article 3
The regulatory and supervisory tasks for the Strategic Minerals and Commodities Exchange as referred to in Article 2 shall be carried out by the Financial Services Authority effective as of January 1, 2027.

Article 4
Effective as of the date of implementation of regulatory and supervisory tasks for the Strategic Minerals and Commodities Exchange by the Financial Services Authority as referred to in Article 3:
a. trading activities and transaction settlement on the Strategic Minerals and Commodities Exchange; and b. supporting infrastructure for Strategic Minerals and Commodities Exchange activities, must comply with regulations set by the Financial Services Authority.

Article 5
(1) In carrying out the regulatory and supervisory tasks for the Strategic Minerals and Commodities Exchange as referred to in Article 2, the Financial Services Authority may coordinate with the Commodity Futures Trading Regulatory Agency in preparing for the implementation of the transition.

(2) The preparation for the implementation of the transition as referred to in paragraph (1) includes:
a. identifying and requesting data and/or information at least regarding transactions and transaction mechanisms, market participants, activities, and trading infrastructure facilities of the Strategic Minerals and Commodities Exchange to be transferred; b. mapping and reviewing licensing and regulations related to the Strategic Minerals and Commodities Exchange;
c. evaluating the readiness and capability of Strategic Minerals and Commodities Exchange business actors;
d. preparing resources to carry out regulatory and supervisory tasks for the Strategic Minerals and Commodities Exchange; e. preparing for the receipt of copies of documents and/or data; and f. preparing other matters necessary for the transition of regulatory and supervisory tasks for the Strategic Minerals and Commodities Exchange.

Article 6
In the context of preparing for the implementation of the transition as referred to in Article 5 paragraph (1), the Financial Services Authority may coordinate with ministries, agencies, and/or relevant parties in accordance with applicable legislation.

Article 7
Effective as of the transfer of regulatory and supervisory tasks as referred to in Article 3, the licensing, approval, and registration processes related to the Strategic Minerals and Commodities Exchange that are currently being processed by the Commodity Futures Trading Regulatory Agency shall be continued by the Financial Services Authority based on Financial Services Authority Regulations.

Article 8
(1) Licenses related to the Strategic Minerals and Commodities Exchange that have been issued based on legislation in the commodity futures trading sector up to December 31, 2026, are declared to remain valid.

(2) The provisions as referred to in paragraph (1) do not apply to exchange organizers, institutions carrying out clearing and guarantee functions, institutions carrying out electronic custodian functions, and institutions carrying out conformity assessment functions.

Article 9
This Financial Services Authority Regulation shall come into force as of September 17, 2026.

To ensure that everyone is aware of it, it is ordered to promulgate this Financial Services Authority Regulation by placing it in the State Gazette of the Republic of Indonesia.

Established in Jakarta on September 17, 2026

CHAIRMAN OF THE BOARD OF COMMISSIONERS
FINANCIAL SERVICES AUTHORITY
REPUBLIC OF INDONESIA,

FRIDERICA WIDYASARI DEWI

Promulgated in Jakarta on September 17, 2026

MINISTER OF LAW OF THE REPUBLIC OF INDONESIA,

SUPRATMAN ANDI AGTAS

STATE GAZETTE OF THE REPUBLIC OF INDONESIA YEAR 2026 NUMBER 62

EXPLANATION
OF
FINANCIAL SERVICES AUTHORITY REGULATION
OF THE REPUBLIC OF INDONESIA
NUMBER 15 OF 2026
CONCERNING
THE PHASED TRANSITION OF REGULATORY AND SUPERVISORY TASKS AND AUTHORITY FOR TRANSACTIONS ON THE STRATEGIC MINERALS AND COMMODITIES EXCHANGE FROM THE COMMODITY FUTURES TRADING REGULATORY AGENCY TO THE FINANCIAL SERVICES AUTHORITY

I. GENERAL

Law Number 4 of 2023 concerning the Development and Strengthening of the Financial Sector as amended by Law Number 4 of 2026 concerning Amendments to Law Number 4 of 2023 concerning the Development and Strengthening of the Financial Sector grants authority to the Financial Services Authority to carry out regulatory and supervisory tasks and authority for transactions on the Strategic Minerals and Commodities Exchange.

Based on the provisions of Article II number 7 letter b of Law Number 4 of 2026, the implementation of regulatory and supervisory tasks and authority for transactions on the Strategic Minerals and Commodities Exchange shall be carried out by the Financial Services Authority effective as of January 1, 2027. In light of this, regulations regarding the phased transition are needed to provide a basis for the Financial Services Authority to prepare for the implementation of its authority, ensure the continuity of regulatory and supervisory processes, and ensure that the implementation of authority by the Financial Services Authority on January 1, 2027, can be carried out effectively, orderly, and in accordance with applicable legislation.

This Financial Services Authority Regulation is drafted to provide legal certainty regarding the phased transition of tasks and authority, so that the conduct of transactions on the Strategic Minerals and Commodities Exchange continues to be orderly, continuous, and provides legal certainty for all related parties during the transition period leading to the full implementation of the Financial Services Authority's authority.

In light of this, regulations regarding the phased transition of regulatory and supervisory tasks and authority for transactions on the Strategic Minerals and Commodities Exchange are needed through this Financial Services Authority Regulation.

II. ARTICLE BY ARTICLE

Article 1
Sufficiently clear.

Article 2
The term "applicable legislation" includes, among others, Presidential Regulations concerning the Strategic Minerals and Commodities Exchange.

Article 3
Sufficiently clear.

Article 4
Sufficiently clear.

Article 5
Paragraph (1)
Sufficiently clear.

Paragraph (2)
Letter a
Sufficiently clear.

Letter b
Sufficiently clear.

Letter c
Sufficiently clear.

Letter d
Sufficiently clear.

Letter e
Copies of documents and/or data required refer to copies of documents and/or data in both physical and electronic forms.

Letter f
Examples of other matters include the formation of an organizational unit for the Strategic Minerals and Commodities Exchange within the Financial Services Authority.

Article 6
Sufficiently clear.

Article 7
Sufficiently clear.

Article 8
Paragraph (1)
The term "licensing" includes, among others, approvals, registrations, and other decisions and/or determinations related to licensing on the Strategic Minerals and Commodities Exchange.

Paragraph (2)
Sufficiently clear.

Article 9
Sufficiently clear.

SUPPLEMENT TO THE STATE GAZETTE OF THE REPUBLIC OF INDONESIA NUMBER 7180