The summary of regulatory material in POJK Derivative Securities is as follows:

The summary of regulatory material in POJK Derivative Securities is as follows:
1. The substance of regulation of OJK Derivative Securities:

Regulations regarding trading of Derivative Securities, consisting of:

• Parties who can conduct Derivative Securities trading activities.
• party that can carry out clearing, guarantee, and settlement of Derivative Securities transactions.
• Guarantee of Settlement of Derivative Securities transactions.
• The mechanism for completing a Derivative Securities which is carried out with the delivery of Securities.

2. POJK of Derivative Securities regulates provisions related to procedures for approval of Derivative Securities , consisting of:

1. Obligation to obtain prior approval from the Financial Services Authority (OJK) for each Derivative Securities transaction.
2. Requirements for Derivative Securities Contract which was traded on the Stock Exchange or PPA.
3. Procedure for requesting approval for a Derivative Securities Contract.
4. Time period for the approval of the Financial Services Authority for each Securities Derivative Contract that had requested for its approval.

3. Regulations concerning Stock Exchange, PPA, and Clearing Guarantee Institution, are as follows:

1. Minimum requirements for regulating the Securities Exchange and PPA that have conducted trading on Derivative Securities Contracts.
2. Minimum requirements for the regulation of the Clearing Guarantee Institution that conducts clearing, guarantees and settlement of Derivative Securities transactions

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4. Arrangements regarding Derivative Securities transactions by Securities Exchange Members or PPA Service Users, which are related to obligations that must be fulfilled by Securities Exchange Members or PPA Service Users who conduct transactions on Derivative Securities Contracts.

5. Regulations regarding the obligation of the Securities Exchange and PPA to publish written information related to the type of Derivative Securities and to announce it in Indonesian language electronic media or the Securities Exchange (PPA) website

6. Arrangements regarding further obligations for the Securities Exchange, PPA, Clearing Guarantee Institution, and the Depository and Settlement Institution to determine parameters and underlying feasibility studies of Derivative Securities.

Summary on PDF: Summary

for download POJK click here: POJK 32 2020

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