Transfer of Mineral and Strategic Commodity Exchange Oversight to OJK: POJK 15/2026
The Financial Services Authority (Otoritas Jasa Keuangan, OJK) has issued Regulation Number 15 of 2026, which sets out the stages for transferring the regulation and supervision of transactions on the Mineral and Strategic Commodity Exchange from the Commodity Futures Trading Supervisory Agency (Bappebti) to OJK. The regulation was signed in Jakarta on 17 September 2026 by Friderica Widyasari Dewi as Chair of the OJK Board of Commissioners. Its preamble states that it implements Article II point 7 letter c of Law Number 4 of 2023 on the Development and Strengthening of the Financial Sector, as amended by Law Number 4 of 2026. The held copy of the text leaves the promulgation date and the State Gazette number blank. The regulation has nine articles.
Key Provisions
Definition (Article 1). The Mineral and Strategic Commodity Exchange is defined as an organised and integrated market system for trading minerals and strategic commodities, including their derivatives, supported by a funding ecosystem and digital financial instruments, with mechanisms for price, quality, transaction settlement and risk management, as referred to in the law on the development and strengthening of the financial sector.
Authority and start date (Articles 2 and 3). Article 2 states that OJK has the authority to regulate and supervise the exchange in accordance with the laws and regulations. Under Article 3, OJK carries out that task from 1 January 2027.
Rules that apply from the transfer (Article 4). From the date OJK begins to regulate and supervise the exchange, trading and transaction settlement on the exchange, and the infrastructure supporting its activities, must comply with the provisions set by OJK.
Preparing the transfer (Articles 5 and 6). Article 5(1) allows OJK to coordinate with Bappebti in preparing the transfer. Article 5(2) lists what the preparation covers: identifying and requesting data or information on, at a minimum, the transactions and transaction mechanisms, participants, activities, and trading facilities and infrastructure to be transferred; mapping and reviewing licences and regulations relating to the exchange; evaluating the readiness and capability of business actors on the exchange; preparing resources to carry out regulation and supervision; preparing to receive copies of documents or data; and preparing other matters needed for the transfer. Under Article 6, OJK may also coordinate with ministries, agencies or other related parties.
Transitional Rules
Pending applications (Article 7). Licensing, approval and registration processes relating to the exchange that are still being completed at Bappebti when the task transfers are to be completed by OJK on the basis of OJK regulations.
Existing licences (Article 8). Licences relating to the exchange issued under the commodity futures trading rules up to the end of 2026 remain valid under Article 8(1). Article 8(2) excludes from this the exchange operator, institutions performing clearing and guarantee functions, institutions performing electronic custodian functions, and institutions performing conformity assessment functions.
Entry into Force
Article 9 states that the regulation takes effect on 17 September 2026. It is one of several OJK instruments issued in 2026, alongside rules on carbon exchange trading and on underwriters and broker-dealers.
Checked against the official text of POJK 15/2026 on 15 October 2026. This is not legal advice; report corrections to contact@crpg.id.
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