Commodity Futures Trading Regulatory Agency (BAPPEBTI)

Overview of BAPPEBTI (Commodity Futures Trading Regulatory Agency)

The Commodity Futures Trading Regulatory Agency (Badan Pengawas Perdagangan Berjangka Komoditi, or BAPPEBTI) is Indonesia’s primary regulatory body overseeing commodity futures trading, derivatives, and forex markets. Operating under the Ministry of Trade, BAPPEBTI ensures market integrity, investor protection, and financial stability in Indonesia’s derivatives sector. Historically, it also supervised crypto assets until January 2025, when regulatory authority over digital financial assets was transferred to the Financial Services Authority (OJK) and Bank Indonesia (BI) as part of Indonesia’s financial sector reforms under the P2SK Law (Law No. 4 of 2023).

Establishment and Historical Background

BAPPEBTI was established to regulate and supervise Indonesia’s commodity futures market, ensuring fair and transparent trading practices. Its formation was driven by the need to mitigate risks in derivatives trading, including forex, commodity futures, and crypto assets. Over the years, BAPPEBTI expanded its oversight to include digital financial assets, though this responsibility was later transferred to OJK and BI in 2025 as part of a broader financial regulatory restructuring.

Legal Authority and Regulatory Framework

BAPPEBTI operates under several key legal frameworks, including:

• Law No. 10 of 2011 on Commodity Futures Trading
• Law No. 4 of 2023 on Financial Sector Development and Strengthening (P2SK Law)
• Government Regulation No. 49 of 2024 on the Transfer of Regulatory Duties for Digital Financial Assets

Previously, BAPPEBTI regulated crypto assets under BAPPEBTI Regulation No. 13 of 2022, which set guidelines for crypto trading in futures exchanges. However, as of January 2025, OJK now oversees crypto assets under OJK Regulation No. 27 of 2024.

Key Responsibilities and Regulatory Scope

BAPPEBTI’s primary duties include:

• Supervising futures exchanges, clearing institutions, and brokerage firms
• Licensing and monitoring forex brokers operating in Indonesia
• Approving derivative contracts, including those traded on overseas exchanges
• Ensuring compliance with anti-money laundering (AML) and investor protection regulations
• Previously overseeing crypto asset trading before its transfer to OJK

Comprehensive Contact Information

BAPPEBTI’s headquarters are located at:

Address: Gedung Soedjono Hoemardhani, Jl. Lapangan Banteng Timur No. 2-4, Jakarta 10710, Indonesia

Phone: +62 21 3846337

Email: [email protected]

Website: https://bappebti.go.id

How to Verify a Regulated Entity

To confirm whether a forex broker or futures trading firm is licensed by BAPPEBTI:

1. Visit BAPPEBTI’s official website (https://bappebti.go.id)
2. Navigate to the “Licensed Entities” or “Data & Statistics” section
3. Search for the company name or license number
4. Cross-check details with BAPPEBTI’s official registry

Alternatively, contact BAPPEBTI’s customer service for verification assistance.