Mineral and Strategic Commodity Exchange From 2027

Law 4 of 2026 amends Law 4 of 2023 on Financial Sector Development and Strengthening, and took effect on promulgation on 17 June 2026. One of its new chapters covers a mineral and strategic commodity exchange.

Article 132A

Article 132A(1) defines it as an organised, integrated market system for trading minerals and strategic commodities, including derivatives, regulated and supervised by the OJK. Paragraph (2) requires market operators to hold a business licence from the OJK.

Paragraph (3) leaves further rules to an OJK regulation after approval from the House of Representatives. Paragraph (4) requires those rules to cover at least phasing, governance, risk management and prudential principles.

Timetable

The transitional provisions of Law 4 of 2026 set the exchange to be formed and operating from 1 January 2027. Regulation and supervision of its transactions rest with the OJK from the same date, with a staged transfer from Bappebti.

OJK abstracts cited in press reports name POJK 15/2026 on the staged transfer and POJK 16/2026 on running the exchange, both dated 17 September 2026. POJK 16/2026 takes effect on 1 January 2027. The text of those two regulations has not been read, so duties on businesses are not detailed here.

For mining companies and commodity traders

Companies in this sector should follow POJK 16/2026 and its implementing rules, then check the effect on sales contracts and pricing. Finance should prepare accounting policies in case derivative contracts on that exchange are used.

Export proceeds duties are covered in Natural Resource Export Proceeds Under PP 2/2026 and PP 21/2026.