In 2024, PT Bursa Efek Indonesia (“BEI”) commenced regulating Carbon Exchange service users (“Users”)[1] through the issuance of Decree of the Board of Directors No. KEP-00148/BEI/09-2024 (“Decree 148/2024”). Broadly speaking, the framework of Decree 148/2024 outlined the procedure for becoming a User, including eligibility criteria and various other requirements. It should be noted that Decree 148/2024 was previously analyzed in the following edition of Indonesian Legal Brief (“ILB”): “Carbon Exchange Registration Fee Exemption Deadline Extended by One Year”.
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