The Requirements and Procedures for Licensing Carbon Trading Through the Carbon Exchange

Number  : POJK Nomor 14/POJK.04/2023 tentang Perdagangan Karbon melalui Bursa Karbon

General Information

Number

: POJK Nomor 14/POJK.04/2023 tentang Perdagangan Karbon melalui Bursa Karbon

Year

: 2023

Regulation Type

: OJK Regulations

Initiator

: Otoritas Jasa Keuangan

Assigned Date

: 02-08-2023

Set Date

: 02-08-2023

Effective Date

: 02-08-2023

Go to Website

Short Description

Regulations that provide the requirements and procedures for licensing carbon trading through the Carbon Exchange.

Content

In general, this POJK regulates:

1. Carbon Units traded through the Carbon Exchange

2. Requirements for Carbon Trading through the Carbon Exchange

3. Capitalization of the Carbon Exchange Operator

4. Shareholders, Members of the Board of Directors and Board of Commissioners of the Carbon Exchange Operator

5. Operation and Control of the Carbon Exchange Operator

6. Supervision of the Carbon Exchange

7. Requirements and Procedures for Licensing Carbon Exchange Organizers

8. Amendments to the Regulations and Articles of Association of the Carbon Exchange Operator

9. Annual Work Plan and Budget of the Carbon Exchange Operator

10. Report of the Carbon Exchange Operator; and sanctions.

OJK