EFFECTIVENESS OF THE REGULATION ON FINANCIAL SERVICE CONSUMER PROTECTION IN INDONESIA

Triyana Yohanes

Abstract


Some cases of financial business transactions practices in Indonesia had  caused financial damages were suffered by the consumers.  Eventhough Indonesia had well regulated the protection of  financial service cunsumers, in practices of dispute settlement oftently the concumers could not got  fair solutions, so their rights could not be well fullfiled. The problem in this research was studied by a normative legal research, the data were analyzed by qualitative and comparative methods,  and the conclusion was done by deductive method. From the analyzed  data, it could be concluded that the effectiveness of the consumers protection in the sector of financial services business regulation in Indonesia was not high due to some reasons, such as, the weakness of the law enforcement, the OJK had not been pro-active in giving protection to the financial service consumers and the problem of legal culture of the  Indonesian society. 

Keywords


Indonesian law, consumer protection, financial service, effectiveness

Full Text:

PDF

References


Adi Sulistiyono, Sistem Peradilan Di Indonesia, Reading Materials for the PhD Programs Student, Faculty of Law Sebelas Maret State University, Surakarta, 2012.

Angelo Capuano and Ian Ramsay, 2011.What Causes Suboptimal Financial Behaviour? An Exploration of Financial Literacy, Social Influences and Behavioural Economics,Legal Studies Research Paper No. 540: Melbourne Law School.

Anthony Allott,The Effectiveness of Laws, Valparaiso University Law Review, Vol. 15, Number 2, Winter 1981

Bernard L. Tanya, dkkl, Teori Hukum, Genta Publishing, Yogyakarta, 2010.

Departemen Pendidikan Dan Kebudayaan, Kamus Besar Bahasa Indonesia, Balai Pustaka, Jakarta, 1988, hlm. 219.

Jean d’Aspremont, ‘‘Effectivity’’ in International Law: Self-Empowerment Against Epistemological Claustrophobia, ASIL Proceedings, 2014.

Https://id.wikipedia.org/wiki/Jasa_keuangan?veaction=edit&section=1

KONTAN.CO.ID, Jakarta, Awas, ada 551 pegadaian illegal beroperasi di Indonesia, in the https://keuangan.kontan.co.id.news, 01 Agustus, 2018.

Lemos, Gerard, Naskah Presentasi dalam “Bank of Indonesia-OECD Regional Asian Seminar on Financial Literacy ‘Towards a national strategy on financial education”, di Jakarta 27 June 2011.

Lyttle, Michell, “Consumer Access to Justice”, makalah disampaikan pada theConference on Litigation Costs and Funding, University of Oxford Faculty of Law, 6-7 Juli 2009

Mardiasmo, Kompas Newspaper, 5 Juli 2018

Merriem Webster Dictionary, in the https://www.merriam-webster.com/dictionary/ transaction.

OECD-Directorate for Financial and Enterprise Affairs, Recommendation on Principles and Good Practices for Financial Education and Awareness, July 2005

REPUBLICA.CO.ID, Bandung, OJK Blokir 400 Fintech P2P Illegal Lending, in the https://republica.co.id/berita...,26 Oktober 2018.

Satjipto Rahardjo, Penegakan Hukum, Genta Publishing, second edition, Yogyakarta, 2011.

Soerjono Soekanto, Faktor-Faktor Yang Mempengaruhi Penegakan Hukum, Rajawali Pers, Jakarta, 2000

Tri Hendro dan Conny Tjandra, Bank & Institusi Keuangan Non Bank di Indonesia, Yogyakarta: UPP STIM YKPN, 2014.

Tribunjogya.com, 6 Januari 2018.

Triyana Yohanes, Cs., “Effectiveness And Justice In The World Trade Organization Adjudicatory Dispute Settlement System : The Indonesia Experiences As Developing Country”, International Journal on Humanities and Applied Social Sciences (IJHASS), Vol. 2, Issue 4, April 2017, CPER – USA, in the http://IJHASS.COM.

Theo Huijbers, Filsafat Hukum Dalam Lintasan Sejarah, Kanisius Publishing, Yogyakarta, 1988.

Zulham, Hukum perlindungan Konsumen, Kencana Publishing, Jakarta, 2013.




DOI: https://doi.org/10.24002/jep.v35i1.1964

Refbacks

  • There are currently no refbacks.