"RULE NUMBER OF HEAD BAPPEBTI 82/BAPPEBTI/Per/04/2010
PROCEDURES FOR DISTRIBUTION OF TRUSTEES OF CUSTOMERS
FOREIGN EXCHANGE DEPOSITS TO "

 

 

On April 15, 2010, Bappebti has issued Regulation No. 82/BAPPEBTI/Per/04/2010 Bappebti Head of Customer Trust Distribution Procedures Into Foreign Exchange Futures.

Settings on Procedure Customer Into Distribution Agent Overseas Futures Exchange is intended to provide legal certainty, enhance the protection of customer funds, and as a means of hedging (hedging) of commodities.

Distribution of the Customer to the Futures Exchange Commission overseas can only be done by a Broker who has been a member of the Clearing House and has obtained approval from Bappebti. As for Futures and Futures Exchange established by overseas Bappebti list.

Broker Client Agent is channeled into overseas Futures Exchange shall enter into an agreement with a foreign broker who has been a member of the Clearing House abroad.

With the enactment of the Head of the Commodity Futures Trading Supervisory these, the Decree of the Head of the Commodity Futures Trading Supervisory Agency Number 41/BAPPEBTI/KP/V/2003 on Customer Trust Distribution Procedures For Futures Transaction of Foreign Affairs declared invalid. Any party who has been doing its distribution to the Futures Exchange Client Mandate abroad must make adjustments to this rule no later than October 1, 2010.

Jakarta, April 2010

 

COFTRA