Mandatory Submission of Transaction Records and Financial Statements by the Organizers of Alternative Trading Systems

The Head of the Indonesian Commodity Futures Trading Supervisory Agency (Kepala Badan Pengawas Perdagangan Berjangka Komoditi–“BAPPEBTI”) has issued Regulation No. 7 of 2016 on the Mandatory Submission of Transaction Records and Financial Statements for Alternative Trading System Organizers(“Regulation 7/2016”).Regulation 7/2016 sets out guidelines for the organizers of alternative trading systems(“Alternative Organizers”) [1] as regards the submission of transaction records and financial statements, as mandated under Article 133 of Government Regulation No. 49 of 2014 on the Organization of Commodity Futures Trading (“Regulation 49/2014”). [2] Submission: Deadlines, Methods and FormatsIn line with Regulation 49/2014, Regulation 7/2016 mandates that Alternative Organizers should draft, maintain, retain and submit all of their transaction records and financial statements(“Reports”)to the Head of BAPPEBTI. These Reports are to be submitted on a monthly, quarterly and annual basis. [3] Details on the deadlines, methods and formats which relate to each type of Report are elaborated upon in the table below: