OJK Takes Control of Financial Derivatives Regulation: What You Need to Know About the 2025 Shift

Regulation of the Financial Services Authority (Otoritas Jasa Keuangan– “ OJK ”) No. 1 of 2025 on Financial Derivatives with Underlying Assets in the Form of Securities (“ Regulation 1/2025 ”) has now ushered in the gradual transfer of authority over the regulation and supervision of financial derivatives from the Commodity Futures Trading Supervisory Agency (Badan Pengawas Perdagangan Berjangka Komoditi– “ Bappebti ”) to the OJK, a process that is mandated to be completed within 24 months. [1] This shift is intended to bring financial derivatives into line with the so-called “same activity, same risk, same regulation” principle that applies within the financial sector. [2]