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THE EVALUATION OF THE INDONESIAN FINTECH LAW FROM THE PERSPECTIVE OF REGULATORY TECHNOLOGY PARADIGMS TO MITIGATE ILLEGAL FINTECH Saifullah, Saifullah; Supriyadi, Aditya Prastian; Bahagiati, Kurniasih; Al Munawar, Faishal Agil
Jurisdictie: Jurnal Hukum dan Syariah Vol 14, No 2 (2023): Jurisdictie
Publisher : Fakultas Syariah

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18860/j.v14i2.24025

Abstract

Illegal fintech is one of the main issues not fully addressed in the digital finance sector in Indonesia despite various legal regulations. This condition shows that the fintech legal framework in Indonesia still needs to be entirely relevant to the concept of Regulatory Technology (regtech). This study aims to analyze the position of the fintech legal framework in Indonesia in overcoming illegal fintech with a regtech approach chosen as an analytical instrument—a basic concept that combines law and digital financial technology to create an orderly platform and comply with all applicable laws. This article uses normative-legal research methods and a conceptual approach, indicating that the legal framework governing fintech in Indonesia fragments, with rules spreading across the civil, administrative, and criminal sectors. This legal framework still needs to be reinforced as a legal tool to overcome the problem. Based on the regtech approach, increased transparency and accountability in fintech implementation are essential as legal support for dynamic supervision and law enforcement and to allow for wider access to cooperation between stakeholders in handling illegal fintech. Such measures will help create a more effective legal environment and align with the regtech paradigm in addressing illegal fintech practices in Indonesia. Fintech ilegal merupakan salah satu isu utama yang belum sepenuhnya tertangani di sektor keuangan digital di Indonesia, meskipun telah diterbitkan berbagai peraturan hukum. Kondisi ini menunjukkan bahwa kerangka hukum fintech di Indonesia memerlukan evaluasi berdasarkan paradigma Regulatory Technology (RegTech). Penelitian ini bertujuan untuk menganalisis posisi kerangka hukum fintech di Indonesia dalam mengatasi permasalahan fintech ilegal dengan pendekatan RegTech. RegTech dipilih sebagai instrumen analisis karena merupakan konsep dasar yang menggabungkan hukum dan teknologi keuangan digital untuk menciptakan platform yang tertib dan mematuhi semua hukum yang berlaku. Penulisan artikel ini menggunakan metode penelitian hukum normatif dengan pendekatan konseptual. Hasil penelitian menunjukkan bahwa kerangka hukum yang mengatur fintech di Indonesia masih terfragmentasi dengan aturan yang tersebar di sektor perdata, administrasi, dan pidana. Kerangka hukum ini masih perlu diperkuat sebagai alat hukum untuk mengatasi masalah fintech ilegal. Berdasarkan pendekatan RegTech, diperlukan peningkatan transparansi dan akuntabilitas dalam implementasi fintech, sebagai dukungan hukum atas pengawasan dan penegakan hukum yang dinamis serta dukungan hukum untuk membuka saluran kerja sama antar pemangku kepentingan dalam penanganan fintech ilegal. Langkah-langkah tersebut akan membantu menciptakan lingkungan hukum yang lebih efektif dan selaras dengan paradigma RegTech dalam menangani praktik fintech ilegal di Indonesia.
STRENGTHENING INDONESIA’S GREEN INVESTMENT LAW: Legal Reconceptualisation toward Net-Zero Emissions under Green Constitution and Maslahah Supriyadi, Aditya Prastian; Lutfi, Mustafa; Bahagiati, Kurniasih
Jurisdictie: Jurnal Hukum dan Syariah Vol 16, No 2 (2025): Jurisdictie
Publisher : Fakultas Syariah

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18860/j.v16i2.35169

Abstract

Indonesia’s green investment legal framework continues to exhibit substantive and institutional deficiencies, directly impeding the achievement of Net Zero Emissions targets and the broader national sustainable development agenda. This study employs a normative legal research method, utilising conceptual and statutory approaches, reinforced by doctrinal analysis of Green Constitution principles, the Islamic legal doctrine of maslahah, and Indonesia’s green investment and environmental governance policies. The findings reveal that the green investment legal framework has not ensured legal certainty, effective enforcement, or measurable environmental benefits due to regulatory fragmentation, weak integration of Environmental, Social, and Governance principles, and the absence of operationalisation of maslahah as a foundation for public policy; consequently, a reformulation of the legal paradigm is required, emphasising transparency, institutional accountability, and risk-based regulatory approaches to strengthen environmental protection and climate justice, support the achievement of Sustainable Development Goal 13, enhance cross-sectoral green investment instruments, improve inter-institutional coordination, and align national policies with commitments under the Paris Agreement and the global sustainable development agenda in a consistent, measurable, adaptive, and socio-ecologically just manner. This research helps formulate a more climate-responsive and public welfare-oriented green investment legal model as a foundational framework for sustainable environmental policy-making in Indonesia, with implications for global environmental sustainability. Kerangka hukum investasi hijau di Indonesia masih menghadapi berbagai kelemahan substantif dan institusional yang berimplikasi langsung pada terhambatnya pencapaian target Net Zero Emissions dan agenda pembangunan berkelanjutan nasional. Penelitian ini menggunakan metode penelitian hukum normatif dengan pendekatan konseptual dan peraturan perundang-undangan, yang diperkaya melalui analisis doktrinal terhadap prinsip Green Constitution, doktrin maslahah dalam hukum Islam, serta kerangka kebijakan investasi hijau dan tata kelola lingkungan di Indonesia. Hasil penelitian menunjukkan bahwa kerangka hukum investasi hijau yang berlaku belum memberikan kepastian hukum, efektivitas penegakan, maupun manfaat lingkungan yang terukur akibat fragmentasi regulasi, lemahnya integrasi prinsip Environmental, Social, and Governance, serta belum teroperasionalisasinya nilai maslahah sebagai dasar kebijakan publik, sehingga diperlukan reformulasi paradigma hukum yang menekankan transparansi, akuntabilitas kelembagaan, dan pendekatan regulasi berbasis risiko dalam rangka memperkuat perlindungan lingkungan dan keadilan iklim, guna mendukung pencapaian Sustainable Development Goal 13 melalui penguatan instrumen investasi hijau lintas sektor, peningkatan koordinasi antar lembaga, penyelarasan kebijakan nasional dengan komitmen Paris Agreement dan agenda pembangunan berkelanjutan global secara konsisten, terukur, adaptif, dan berkeadilan sosial ekologis nasional berkelanjutan Indonesia. Kontribusi penelitian adalah perumusan model konseptual hukum investasi hijau yang proporsional, responsif terhadap perubahan iklim, berorientasi pada kesejahteraan umum sebagai fondasi kebijakan lingkungan berkelanjutan di Indonesia dan berimplikasi pada keberlanjutan lingkungan global.
Interpolasi Perlindungan Hak Cipta Berbasis Hak Moral dan Ekonomi Melalui Lisensi di Media Sosial Aditya Prastian Supriyadi
Jurnal Ilmiah Kebijakan Hukum Vol 18 No 3 (2024): Edisi November
Publisher : Badan Strategi Kebijakan Hukum

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30641/kebijakan.2024.V18.273-290

Abstract

The Constitutional Court's Decision Number 84/PUU-XXI/2023 against Law No. 28 of 2014 emphasizes that Social Media platforms based on User Generated Content are prohibited from being apathetic to copyright infringement on their platforms. However, the Constitutional Court's decision still leaves a legal void in efforts to crack down on social media copyright infringement that is relevant to the copyright protection paradigm. This legal vacuum can cause social media only to act repressively and contradict the copyright protection paradigm, which should include moral and economic aspects to fulfill creators' rights. The article's purpose is to analyze the strengthening of copyright licensing policies. The normative law research method is used as a medium for analyzing issues. The writing approach in this article uses conceptual,  comparative, and statute approaches. The study results show that there needs to be a legal construction as the basis for platform licensing policies that are useful for creating proportional interpolation of copyright protection on social media. The platform's active participation greatly protects creators' natural rights from the threat of piracy. According to Personality Theory, creators have moral rights that must be protected to obtain channels of economic rights that can be fulfilled. Implementing this policy is expected to create a more responsible digital ecosystem, provide legal certainty for copyright owners, and ensure fair rewards for their creativity.
Dekonstruksi Hukum Social Commerce Indonesia : Perspektif Demokrasi Ekonomi di Era Digitalisasi Aditya Prastian Supriyadi
Jurnal Penelitian Hukum De Jure Vol 24 No 3 (2024): Edisi November
Publisher : Law Policy Strategy Agency, Ministry of Law of The Republic of Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30641/dejure.2024.V24.229-246

Abstract

Social commerce (S-Commerce) comes from the disruption of business digitalizationthat explores social media. When s-commerce was developing, Indonesia bannedthe platform because it was considered to kill local businesses and capitalize onthe market. The decision can potentially contradict economic democracy in oneof the provisions of Article 33, paragraph (4) of the 1945 Constitution, whichopens up technological space for developing the national economy. The purposeof writing this article is to deconstruct economic democracy on commercial lawon social media as a Government policy that prohibits S-Commerce. The writingarticle uses normative legal research methods with statutory, legal comparison, andconceptual approaches. There are two research results in this article. First, at a timewhen significant nations are embracing technology at a rapid pace to boost theirbusinesses, the government's decision to outlaw s-commerce has negatively impactedthe nation. Based on the doctrine of digitalization, economic law is not appropriate ifit has to ban S-Commerce. The business paradigm of the contemporary era must beintegrated with technology to compete with the development of the digital economy inthe global realm. Second, based on economic democracy in Article 33, paragraph (4)of the 1945 Constitution, S-Commerce manifests a national economy balanced withtechnological progress by the constitution's mandate. S-Commerce law provisionsneed to be deconstructed using the principles of economic democracy. So, reasonablelegislative parameters may promote the growth of the digital economy while notjeopardizing the local economy.