OJK to take over supervision of mineral and strategic commodities exchange in 2027

Indonesia’s Financial Services Authority is preparing to take over supervision of the Mineral and Strategic Commodities Exchange, a new responsibility that will begin ahead of the exchange’s planned activation on Jan. 1, 2027.

OJK Commissioner Board Chair Friderica Widyasari Dewi said the authority will publish the supervisory rules on Sept. 17, 2026. The transfer will move oversight from the Commodity Futures Trading Regulatory Agency, known as Bappebti, to OJK.

The new mandate comes under Law No. 4 of 2026 on the Development and Strengthening of the Financial Sector. Friderica said preparations include the supervisory system, human resources and organizational structure.

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The latest Financial Sector Development and Strengthening Law gives us a new task, namely supervision of the Mineral and Strategic Commodities Exchange, which the law says will begin operating on Jan. 1, 2027. The preparations are indeed quite urgent, but God willing, we have prepared for it.

Sarjito is scheduled to be sworn in on Sept. 8 as chief executive for Mineral and Strategic Commodities Exchange supervision for the 2026-2031 period. Parliament’s Commission XI approved him, and the full chamber confirmed his appointment after President Prabowo Subianto put him forward as the sole candidate.

Friderica said OJK will issue two regulations by Sept. 17: one governing the transfer of supervision to OJK, and another setting out rules for the Mineral and Strategic Commodities Exchange itself.

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God willing, we will be ready. By Sept. 17, 2026, the regulations on the Mineral and Strategic Commodities Exchange must be issued.