| Full title | Peraturan Otoritas Jasa Keuangan Nomor 10 Tahun 2026 tentang Perubahan atas Peraturan Otoritas Jasa Keuangan Nomor 14 Tahun 2023 tentang Perdagangan Karbon melalui Bursa Karbon |
|---|---|
| Citation | POJK 10/2026 |
| Jurisdiction | Indonesia |
| Enacted by | Board of Commissioners of the Financial Services Authority |
| Signed | 2 July 2026 |
| Promulgated | 6 July 2026 |
| Effective | 6 July 2026 |
| Amends | POJK 14/2023 |
| Aligned with | Perpres 110/2025 |
Peraturan Otoritas Jasa Keuangan 10/2026 (Peraturan Otoritas Jasa Keuangan Nomor 10 Tahun 2026 tentang Perubahan atas Peraturan Otoritas Jasa Keuangan Nomor 14 Tahun 2023 tentang Perdagangan Karbon melalui Bursa Karbon) is a regulation of Indonesia's Financial Services Authority (Otoritas Jasa Keuangan, OJK) amending its 2023 regulation on carbon trading through the carbon exchange. It was signed by the Chair of the OJK Board of Commissioners on 2 July 2026 and, according to OJK, promulgated on 6 July 2026, the date on which it took effect.[1][2][3] It belongs both to carbon trading and climate regulation in Indonesia and to financial sector regulation in Indonesia.
The amendment was made to bring the exchange rules into line with Peraturan Presiden 110/2025, the presidential regulation on carbon pricing that replaced Perpres 98/2021, on which the 2023 regulation had been based.[4][5] It moves the recording of exchange-traded carbon units from the national climate change control registry (SRN PPI) to the carbon unit registry (SRUK) created by the presidential regulation, widens the classes of unit that may be traded, and revises the rules on foreign units, supervision, reporting and sanctions.[6][7]
The regulation adds a consumer-protection clause and a power for OJK to depart from its terms on particular considerations, and allows units recorded in a ministry's electronic system to be traded for up to three months after promulgation until SRUK begins to operate.[8][9] CRPG's regulatory tracker reported the amendment in August 2026.[10]
OJK regulated carbon trading through the exchange in Peraturan Otoritas Jasa Keuangan Nomor 14 Tahun 2023, signed and promulgated on 2 August 2023. In its original form Pasal 3 declared carbon units to be securities (Efek) and required units traded on the exchange to be recorded first in SRN PPI and with the exchange operator, while Pasal 5 limited the tradeable units to the emission allowances of business actors (PTBAE-PU) and emission reduction certificates (SPE GRK).[11]
In October 2025 Perpres 110/2025 revoked Perpres 98/2021, defined a separate carbon unit registry (SRUK) and required every carbon trade to be recorded in it.[12] The general elucidation of POJK 10/2026 states that the 2021 presidential regulation had been the reference for drafting POJK 14/2023, so that with its replacement several provisions of the exchange regulation were no longer consistent with the rules in force, in particular on registry recording, foreign units, consumer protection, supervision and reporting.[5:1] The preamble gives support for the government's carbon pricing policy as the reason for the change.[4:1]
Pasal I angka 1 replaces the definitions of SRUK, carbon unit, SPE GRK and emission quota in Pasal 1 of POJK 14/2023 with wording that follows the presidential regulation: a carbon unit is the result of certified emission reductions or removals, or an emission quota, expressed in tonnes of carbon dioxide equivalent, and an SPE GRK must have passed measurement, reporting and verification and be recorded in SRUK.[6:1][12:1] Amended Pasal 5 lists three classes of tradeable unit: emission quotas (Kuota Emisi GRK), SPE GRK and non-SPE GRK units.[6:2]
Amended Pasal 3 keeps the rule that carbon units are securities and requires units traded on the exchange to be recorded first in SRUK and with the exchange operator. The operator may facilitate trade in units recorded in SRUK and in units from abroad that are not recorded in SRUK, so long as this does not contravene legislation.[6:3] A foreign unit outside SRUK must have been registered, validated and verified by a body accredited by an international registry operator, or recorded on a foreign carbon exchange, and must meet any further requirements that OJK sets after coordinating with the environment minister. The operator must ensure the integrity, quality and recording standards of such units.[6:4][11:1]
A new Pasal 12A leaves the procedures for carbon trading on the exchange to be set by OJK, and a new ayat (3) of Pasal 26 allows OJK's supervision of exchange users to extend to their sustainability governance in carbon trading.[13] Amended Pasal 31 sets the operator's reporting duties to OJK. Monthly transaction recapitulations are due by the fifth trading day of the following month, and annual activity reports with audited financial statements by the end of the third month after the financial statement date. Decisions on users, organisational or system changes and sanctions on users are due by the next trading day, and special events by the end of the same trading day; the elucidation defines special events as disruptions of the trading or trading-surveillance system. Resignations of directors or commissioners and the results and notarial deeds of shareholders' meetings are due within two working days.[14][15] OJK may require the operator to report certain matters to the relevant ministry, and may postpone a director's or commissioner's resignation that could affect the operator's performance.[14:1]
Amended Pasal 33 lists the provisions whose breach attracts administrative sanctions, which also apply to any party that causes the breach. The sanctions are a written warning, a fine, restriction or suspension of business, revocation of the business licence, and cancellation of an approval or a registration; all but the warning may be imposed without a prior warning, and a fine may be combined with the heavier measures.[16]
A new Chapter XA inserts Pasal 35A, which applies OJK's consumer-protection principles for the financial services sector to every party involved in carbon trading through the exchange, and Pasal 35B, under which OJK may adopt a policy that differs from the regulation on particular considerations.[8:1] The elucidation of Pasal 35B gives supporting national policy, protecting the public interest, sustaining industry growth, ensuring the operational readiness of SRUK and maintaining fair competition as examples of its purpose.[17] The elucidation also refers to an angka 10, an angka 11 and a Pasal 35C, none of which appears in the body of the held text.[17:1]
Pasal II angka 1 provides that, when the regulation comes into force, an exchange operator may facilitate trading in carbon units recorded in an electronic system at the relevant ministry for no longer than three months after promulgation, until SRUK is operating.[9:1] Pasal II angka 2 brings the regulation into force on promulgation. The held text leaves the promulgation date and the Lembaran Negara number blank; OJK's regulation page and its press release of 9 July 2026 give the promulgation date as 6 July 2026.[1:1][2:1][3:1]
K80 · Work URI /akn/id/act/pojk/2026/10 · RegVault POJK_10_2026[P] POJK 10/2026, closing formula (Ditetapkan di Jakarta pada tanggal 2 Juli 2026, signed by the Chair of the OJK Board of Commissioners; the promulgation date and Lembaran Negara number are not filled in the held text). regulation_id POJK_10_2026. ↩︎ ↩︎
[P] OJK, regulation page for POJK No. 10 Tahun 2026: enacted 2 July 2026, promulgated 6 July 2026. https://ojk.go.id/id/regulasi/Pages/POJK-10-Tahun-2026-Perubahan-Atas-POJK-14-Tahun-2023-tentang-Perdagangan-Karbon-Melalui-Bursa-Karbon.aspx ↩︎ ↩︎
[P] OJK, press release SP 133/DKPU/OJK/VII/2026, "OJK Terbitkan POJK Baru Perdagangan Karbon Melalui Bursa Karbon", 9 July 2026, stating that POJK 10/2026 was promulgated on 6 July 2026 (in Indonesian). https://ojk.go.id/id/berita-dan-kegiatan/siaran-pers/Pages/OJK-Terbitkan-POJK-Baru-Perdagangan-Karbon-Melalui-Bursa-Karbon.aspx ↩︎ ↩︎
[P] POJK 10/2026, Menimbang huruf a and Mengingat angka 1 to 4. regulation_id POJK_10_2026. ↩︎ ↩︎
[P] POJK 10/2026, Penjelasan, I. Umum. regulation_id POJK_10_2026. ↩︎ ↩︎
[P] POJK 10/2026, Pasal I angka 1 (Pasal 1 angka 2 to 5), angka 2 (Pasal 3 ayat (1) to (6)) and angka 3 (Pasal 5). regulation_id POJK_10_2026. ↩︎ ↩︎ ↩︎ ↩︎ ↩︎
[P] POJK 10/2026, Pasal I angka 5 to 7 (Pasal 26, 31 and 33). regulation_id POJK_10_2026. ↩︎
[P] POJK 10/2026, Pasal I angka 8 (Bab XA) and angka 9 (Pasal 35A and 35B). regulation_id POJK_10_2026. ↩︎ ↩︎
[P] POJK 10/2026, Pasal II angka 1 and 2. regulation_id POJK_10_2026. ↩︎ ↩︎
[E] "Carbon Exchange Trading Rules Amended: POJK 10/2026", CRPG regulatory tracker, crpg.id, 9 August 2026. https://crpg.id/carbon-exchange-trading-rules-amended-pojk-10-2026/ The post carries a notice that it is AI-generated; it is cited for the record of the development, not for its legal content. ↩︎
[P] Peraturan Otoritas Jasa Keuangan Nomor 14 Tahun 2023 tentang Perdagangan Karbon melalui Bursa Karbon, original Pasal 3 ayat (1) to (5) and Pasal 5, and closing formula (Ditetapkan and Diundangkan di Jakarta pada tanggal 2 Agustus 2023); Lembaran Negara 2023 No. 24/OJK. regulation_id PERATURAN_OJK_14_2023. ↩︎ ↩︎
[P] Peraturan Presiden Nomor 110 Tahun 2025, Pasal 1 angka 15, 18, 20 and 37, Pasal 59 ayat (1) and Pasal 101. regulation_id PERPRES_110_2025. ↩︎ ↩︎
[P] POJK 10/2026, Pasal I angka 4 (Pasal 12A) and angka 5 (Pasal 26 ayat (3)). regulation_id POJK_10_2026. ↩︎
[P] POJK 10/2026, Pasal I angka 6 (Pasal 31 ayat (1) to (4)). regulation_id POJK_10_2026. ↩︎ ↩︎
[P] POJK 10/2026, Penjelasan, Pasal I angka 6, Pasal 31 ayat (1) huruf f and ayat (3). regulation_id POJK_10_2026. ↩︎
[P] POJK 10/2026, Pasal I angka 7 (Pasal 33 ayat (1) to (5)). regulation_id POJK_10_2026. ↩︎
[P] POJK 10/2026, Penjelasan, Pasal I angka 9 (Pasal 35B) and the entries for angka 10 and 11 (Pasal 35C). regulation_id POJK_10_2026. ↩︎ ↩︎