Indonesia: Ministry of Communication and Information investigation into platforms' compliance with Commodity Futures Trading regulations

Progress

Current status
in force
01 Feb 2024 in force

Scope

Implementers
Indonesia
Policy Area
Authorisation, registration and licensing
Policy Instrument
Prohibition of goods and services
Regulated Economic Activity
platform intermediary: e-commerce
Government Branch
executive
Government Body
other regulatory body
Implementation Level
national

Timeline of events

01 Feb 2024
in force

Issued Ministry of Communication and Information order blocking 1’855 websites due to non-compliance with Commodity Futures Trading regulations

On 1 February 2024, the Ministry of Communication and Information (MCIT), through the Commodity Futures Trading Supervisory Agency (Bappebti) of the Ministry of Trade, issued a ruling following an investigation into compliance with Commodity Futures…

Source
Event type investigation
Action type ruling
Government branch executive
Government body other regulatory body