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Timeframes for Trade and Reporting of Futures Contracts Revert to Original Provisions

During the Corona Virus Disease 2019 (“ COVID-19 ”) pandemic, the Financial Services Authority (Otoritas Jasa Keuangan– “ OJK ”) issued Regulation No. 4/POJK.04/2022 , which extended the applicability of various policies until a cut-off date of 31 March 2023 in order to maintain the performance and stability of the capital market during the then ongoing public health crisis. [1] However, through the issuance of Letter of the OJK No. S-68/D.04/2023, Indonesia Stock Exchange (“ Exchange ”) regulations will now revert to the original provisions that were in place prior to the COVID-19 pandemic, meaning that various forms of relaxation under certain conditions will no longer be available. [2]

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