{
    "success": true,
    "data": {
        "id": 1784249,
        "msgid": "new-task-for-ojk-pulling-indonesian-mineral-commodities-from-the-singapore-exchange-1780563282",
        "date": "2026-06-04 15:13:35",
        "title": "New Task for OJK: Pulling Indonesian Mineral Commodities from the Singapore Exchange",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Economy",
        "summary": "Indonesia's newly passed Financial Sector Development and Strengthening Law (UU P2SK) mandates the Financial Services Authority (OJK) to establish a Minerals and Strategic Commodities Exchange. The primary goal is to repatriate trading of key Indonesian mineral commodities currently transacted on overseas exchanges, such as in Singapore. This move aims to bring pricing and transaction activities for these resources, of which Indonesia is a major producer, back under domestic jurisdiction.",
        "content": "<p>The Financial Sector Development and Strengthening Law (UU P2SK),\nrecently enacted by the House of Representatives (DPR) to replace Law\nNumber 4 of 2023, provides a new mandate for the Financial Services\nAuthority (OJK) to establish a Minerals and Strategic Commodities\nExchange in Indonesia. Finance Minister Purbaya Yudhi Sadewa explained\nthat under the new provisions, the OJK will have a board of\ncommissioners serving as the chief executive supervisor of the minerals\nand strategic commodities exchange. \u201cThey will oversee the mineral\nexchange,\u201d Purbaya stated in the DPR building complex in Jakarta on\nThursday. According to Purbaya, the primary task of the OJK board of\ncommissioners supervising the Minerals and Strategic Commodities\nExchange is to bring Indonesia\u2019s flagship commodities back home, moving\ntheir trade from abroad. \u201cFor example, many of our mineral products have\nexchanges in Singapore or overseas, even though we are the main\nproducer. Those must be brought back here,\u201d Purbaya said. The provision\nregarding the establishment of a Minerals and Strategic Commodities\nExchange is one of fifteen new points in the latest UU P2SK.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/new-task-for-ojk-pulling-indonesian-mineral-commodities-from-the-singapore-exchange-1780563282",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}