Updated Provisions for Futures Brokers’ Compliance Directors

The Head of the Indonesian Commodity Futures Trading Supervisory Agency (Badan Pengawas Perdagangan Berjangka Komoditi Indonesia– “ Bappebti ”) has updated several provisions which relate to future brokers’ compliance directors through the issuance of Regulation No. 7 of 2017 on the Requirements, Duties, Authorities and Obligations of Future Brokers’ Compliance Directors (“ Regulation 7/2017 ”).Prior to the enactment of Regulation 7/2017, this area was regulated under Head of Bappebti Regulation No. 67/BAPPEBTI/Per/1/2009 on the Assignment of Future Brokers’ Compliance Directors ("Rgulation 67/2009") The rules and procedures involved in the work of future brokers’ compliance directors are addressed in the following sections of the regulation: