Bappebti, the Commodity Futures Trading Supervisory Agency, is a government agency that operates under the legal framework of Law No. 32 of 1997 regarding commodity futures trading. It operates under the Ministry of Trade and has direct links to Bank Indonesia, the Financial Services Authority, and the Ministry of Communication and Information. In Indonesia, brokers are required to hold an official license from Bappebti as a legal prerequisite for their operations.
Bappebti’s regulatory oversight provides clients with security assurances since the state directly monitors brokers. As part of the licensing process, Bappebti conducts due diligence on brokers to ensure their compliance with the legal requirements.
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