New Provisions on Futures-Broker Compliance Directors: Establishment of Compliance Divisions Now Mandatory

In an effort to boost the capabilities of future-broker compliance directors and compliance divisions, [1] the Commodity Futures Trading Agency (Badan Pengawas Perdagangan Berjangka Komoditi– “ BAPPEBTI ”) has issued Regulation of BAPPEBTI No. 5 of 2020 (“ Amendment ”) as an amendment to Regulation of the BAPPEBTI No. 7 of 2017 on the Requirements, Duties, Authorities and Obligations of Futures-Broker Compliance Directors (“ Regulation 7/2017 ”). [2]