This article examines whether an arbitration clause naming the Indonesian Capital Market Arbitration Board (BAPMI) remained enforceable after its sectoral dispute-resolution function moved to the Financial Services Sector Alternative Dispute Resolution Institution (LAPS SJK). It analyses Supreme Court Decision No. 1218 B/Pdt.Sus-Arbt/2024 using statutory, case, conceptual, and comparative approaches. The judgment grants the appeals and restores the LAPS SJK award; its final reasoning is concise, while the published decision reproduces appellants' arguments invoking Article 47(2) of OJK Regulation No. 61/POJK.07/2020, Article 245 of Law No. 4 of 2023, and Article 70 of Law No. 30 of 1999. This article's contribution is a staged test of consent, transitional scope, dispute scope, and procedural safeguards. It argues that a transition rule may preserve a valid agreement only within its legal scope; it cannot create consent absent from the original contract. The date LAPS SJK received the application could not be verified from the published judgment.
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