In order to improve the effectiveness of the granting and supervision of futures broker representativelicenses(“ Licenses ”), [1] the Commodities Futures Trading Regulatory Agency (Badan Pengawas Perdagangan Berjangka Komoditi- “ Bappebti ”) has issued Regulation No. 2 of 2018 on Futures Broker RepresentativeLicenses(“ Regulation 2/2018 ”).This new legal framework serves as a set of guidelines for the implementation of the following matters:
New Regulation on Futures Broker Representative License
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