Provisions on Electronic Customer Acceptance for Commodity Futures Trading Updated

In order to make it easier for members of the general public to become customers of futures brokers and order to improve the effectiveness of the supervision of electronic customer acceptance processes (penerimaan), as undertaken by futures brokers, the Commodity Futures Trading Agency (Badan Pengawas Perdagangan Berjangka Komoditi - “Bappebti”) has issued Regulation No. 9 of 2021 on the Online Acceptance of Commodity Futures Trading Customers (“Regulation 9/2021”). These matters were previously addressed under Regulation of Bappebti No. 99/BAPPEBTI/PER/11/2012, which has been amended several times, most recently through the issuance of Regulation No. 5 of 2018 (together referred to as “Regulation 99/2012”), which has now been repealed and replaced.[1]