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Gold Trade-Based Money Laundering and Central Banking Governance in Indonesia: Implications for Reserve Integrity, Payment Systems, and Financial System Stability Edy Suprapto; Pujiyono Pujiyono; Yunus Husein; Agung Andiojaya; Edy Suprapto; Pujiyono Pujiyono; Yunus Husein; Agung Andiojaya
Journal of Central Banking Law and Institutions Vol. 5 No. 2 (2026)
Publisher : Bank Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21098/jcli.v5i2.506

Abstract

Trade-based money laundering (TBML) has increasingly exploited commodities markets, including gold trading, to disguise illicit cross-border financial flows. In Indonesia, the growing integration of gold markets with the financial system has created vulnerabilities that threaten the financial system’s integrity, endangering its stability and effective central bank governance. This paper examines how TBML using gold affects key domains of central bank oversight in Indonesia, particularly reserve integrity, payment system monitoring, and financial system stability. The study employs a legal-institutional analytical approach, combining regulatory analysis with an institutional examination of central banking mandates and anti-money-laundering governance frameworks. The findings indicate that using gold to facilitate TBML can obscure the traceability of cross-border financial transactions, complicate monitoring of payment systems, and potentially weaken safeguards related to reserve management and financial system oversight. These vulnerabilities create governance challenges for financial authorities responsible for maintaining financial system integrity. From a normative legal perspective, the study highlights the need for strengthened regulatory coordination, improved oversight of gold-related financial transactions, and enhanced integration between supervision of Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) measures and central bank regulatory design. Such measures are essential for safeguarding the integrity of the reserves and supporting the stability of the financial system.
MODEL PERTANGGUNGJAWABAN HUKUM PELAKSANAAN CORPORATE SOSIAL RESPONSIBILITY (CSR) UNTUK MENINGKATKAN KESEJAHTERAAN MASYARAKAT Pujiyono, Pujiyono; Wiwoho, Jamal; Triyanto, Triyanto
Yustisia Vol 5, No 1: April 2016
Publisher : Faculty of Law, Universitas Sebelas Maret

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20961/yustisia.v5i1.8716

Abstract

AbstractCorporate Social Responsibility (CSR) is an obligation that imposed on a company under Article 74 of Law No. 40 Year 2007 regarding Limited Liability Company (UUPT). CSR implementation has some problems because of the lack of regulations (UUPT) that thera no sanctions for the companies that do not implement CSR. Currently, many companies that do not implement CSR maximally. So that the implementation of CSR is currently less of legal responsibility. Therefor,  it is necessary to formulate a model of CSR’s accountability in order to fill the legal vacuum that occurs at this time in order to improve the welfare of society. This research used research and development / R&D method. The location of research consits of PT Pertamina Hulu Energi (PHE) in Jakarta and some companies in Surakarta. The data used is derived from the primary data from informants, while secondary data in the form of journals, papers, reports, results of previous studies and other relevant publications. The Instrument collecting data using interviews, questionnaires, focus group discussions (FGD) and literature study. For the analysis used qualitative analysis techniques. AbstrakTanggung jawab sosial perusahaan atau Corporate Social Responsibility (CSR) merupakan kewajiban yang dibebankan kepada suatu perusahaan berdasarkan Pasal 74 Undang-Undang Nomor 40 Tahun 2007 tentang Perseroan Terbatas (UUPT). Pelaksanaan CSR masih menjadi persoalan karena belum adanya peraturan pelaksanaan dari UUPT tentang pengawasan dan sanksi bagi perusahaan yang tidak melaksanakan CSR. Saat ini banyak perusahaan hanya melakukan CSR secara suka-suka tanpa ada pedoman yang jelas. Sehingga pelaksanaan CSR saat ini kurang dapat dipertanggungjawabkan secara hukum. Untuk itu perlu dirumuskan model pertanggungjawaban pelaksanaan CSR guna mengisi kekosongan hukum yang terjadi saat ini guna meningkatkan kesejahteraan masyarakat. Penelitian ini menggunakan metode penelitian dan pengembangan (research and development / R&D). Lokasi penelitian meliputi PT Pertamina Hulu Energi (PHE) di Jakarta dan beberapa Perusahaan di Surakarta. Data yang dipergunakan yakni data primer berasal dari informan, sedangkan data sekunder berupa jurnal, makalah, laporan, hasil penelitian terdahulu dan publikasi lainnya yang relevan. Instrumen pengumpul data menggunakan wawancara, kuesioner, Focus Group Discussion (FGD) dan studi kepustakaan. Untuk analisis digunakan teknik analisis kualitatif.
HARMONISASI PENGATURAN PAJAK DAERAH DALAM KERANGKA DESENTRALISASI FISKAL DAN OTONOMI DAERAH (studi Kabupaten Sukoharjo, Kota Surakarta, dan Kabupaten karanganyar) Achmad, Achmad; Suranto, Suranto; Pujiyono, Pujiyono
Yustisia Vol 4, No 1: April 2015
Publisher : Faculty of Law, Universitas Sebelas Maret

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20961/yustisia.v4i1.8628

Abstract

AbstractKnowing the harmonization level of regional taxes legislation in Sukoharjo, Surakarta, and Karanganyar district with the act of regional tax and retribution is the aim of this research. This is normatif and empirical research. Literature studies, interviews, and observations used as data collecting instruments. The collected data drafted and analyzed systematically using qualitative methods. Data presented by deductive inductive thought (general-specific) and then find out for the logical relationships between related aspects. This research revealed that: First, the Central Government Policy through the regional tax and retribution act No. 28 of 2009,  makes the design of local taxes more organized and well arrangement. Second, there has been a harmonization of the policy formation of district legislation with the act of regional tax and retribution in three district. Without violating the limits defined by the Act, the type and the rates of the taxes determined varied according to the conditions of each region AbstrakPenelitian ini bertujuan untuk mengetahui taraf harmonisasi Peraturan Perundang-undangan Pajak Daerah di Kabupaten Sukoharjo, Kota Surakarta dan kabupaten Karanganyar dengan Undang-Undang Pajak Daerah dan retribusi Daerah. Penelitian menggunakan pendekatan secara normatif sekaligus empiris. Instrumen pengumpul data menggunakan studi kepustakaan, wawancara, dan observasi. Data yang terkumpul disusun dan dianalisis secara sistematis dengan menggunakan metode kualitatif. Penyajian data dilakukan dengan menggunakan logika deduktif-induktif (umum-khusus) dan kemudian dicari hubungan logis diantara aspek-aspek yang berhubungan. Hasil penelitian ini antara lain : Pertama, Kebijakan Pemerintah Pusat dalam mengatur Pajak Daerah melalui UU No 28 Tahun 2009 tentang Pajak Daerah dan Retribusi Daerah, membuat desain penataan pajak daerah lebih tertata dan teratur. Kedua, telah terjadi harmonisasi kebijakan pembentukkan Peraturan Daerah ditiga kabupaten/kota dengan Undang-Undang Pajak dan retribusi Daerah. Penentuan jenis dan tarif pajak dirumuskan secara variatif/ beragam disesuaikan dengan kondisi daerah masing-masing tanpa melanggar batasan yang telah ditentukan oleh UU.
IMPLEMENTASI SINGLE PRESENCE POLICY (SPP) BAGI DUNIA PERBANKAN DALAM PERSPEKTIF UNDANG UNDANG NOMOR TAHUN 2007 TENTANG PERSEROAN TERBATAS Pujiyono, Pujiyono
Yustisia Vol 1, No 1: April 2012
Publisher : Faculty of Law, Universitas Sebelas Maret

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20961/yustisia.v1i1.10592

Abstract

AbstractThe objectives of this research are to know the implementation of Single Presence Policy for Banking in the Law number 40th of 2007 about Limited Company (The Law of Limited Company)  perspective and to know the supporting and resisting factors in  implementation of Single Presence Policy for Banking in The Law of Limited Company perspective. The datas consist of primary and secondary data. The primary data is collected by interview. The secondary data is collected by documentary research. Bank Indonesia region of Surakarta is chosen because its rule as  supervisor and builder public bank  asspecially at Surakarta region. The result of this research shows that the implementation of single presence policy is causing : inquietable at state banking with tree options are offered by government, labour problems and the problem about legal owner and beneciary owner. The supporting  factor in the implementation of Single Presence Policy for world banking in The Law of Limited Company perspective  are : It as media to increase the competitive ratio of Government Bank and it as a tool to gives limitation the domination of private bank by foreign owner. The resisting factors in  implementation of Single Presence Policy for world banking in The Law of Limited Company perspective  are : The law problems, the collision of the Single Presence Policy and the RUPS system in The Law of Limited Company about Single Presence Policy, The accomplishment of minimum core capital, The insiding of PBI no  8/16/PBI/2006 about Single Ownership of Indonesian Banking to Minority Shareholders, and the difficult of applying holding company at Government bank. 
LEGAL PROTECTION FOR THE LOSS OF THE PASSENGER OF ONLINE TRANSPORTATION Pujiyono, Pujiyono; Pati, Umi Khaerah
Yustisia Vol 8, No 2: August 2019
Publisher : Faculty of Law, Universitas Sebelas Maret

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20961/yustisia.v8i2.34156

Abstract

Online transportation shall provide a security, comfort and safety guarantee for service users, however it is not performed in the application. Service users still havenot guaranteed their rights as consumers. In the case the consumer suffers a loss, itis remain undetermined how compensation may be granted, therefore it demandsan equal legal protection. Facing this condition, Law Number 8 of 1999 on TheConsumer Protection has not yet stipulated slear provision regarding this matter,likewise the online transportation service users and service providers are only boundin limited aspects. The research method of this reasearch is normative legal researchonly focusing on the issues raised, discussed and elaborated with applying  the rulesor norms in positive law, using Statutory Approaches and Conceptual Approaches,with primary and secondary legal materials. The data collection technique used isliterature study. The analysis technique used is the deductive method. The resultsshowed that there was an legal relationship between service users and onlinetransportation service providers. Consumers have the right to get protection in theform of responsibility for information, legal responsibility for services providedand responsibility for security and comfort. However, for the losses suffered, legalprotection for losses incurred by passengers in online transportation mode is still poordue to lack of regulations and the undetermined standard regulations specifically inregulating online transportation modes.
URGENSI IINTEGRASI NILAI LOCAL WISDOM DALAM KONFLIK SUPORTER SEPAKBOLA Pujiyono, Pujiyono; Mulyanto, Mulyanto
Yustisia Vol 3, No 1: April 2014
Publisher : Faculty of Law, Universitas Sebelas Maret

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20961/yustisia.v3i1.10134

Abstract

AbstractThis study was conducted to describe the factors that cause conflict among football fans. There are findings of two (2) factors causing conflict football supporters that internal factors are derived from the self-supporters and external factors outside themselves supporters as unfair referee; conditions of players, and conditions in the field as revenge of the past, the movement spontaneous, mutual blasphemy and provocateur. In an academic perspective, need to be developed integrating the values  of local wisdom in preventing conflict between supporters of football, including the proverbial “win without ngasorake”. If supporters uphold these values  , conflict and reduced football fans are increasingly aware of the importance of maintaining fair play. AbstrakPenelitian ini dilakukan untuk menjelaskan faktor-faktor yang menyebabkan konflik antar suporter sepakbola. Ada temuan terdapat 2 (dua) faktor penyebab konflik supporter sepak bola yakni faktor internal yang berasal dari dalam diri supporter dan faktor eksternal yang berasal dari luar diri supporter seperti Wasit yang tidak adil; Kondisi pemain; dan Kondisi di lapangan seperti dendam masa lalu, gerakan spontan, saling hujat dan provokator. Dalam perspektif akademis, perlu dikembangkan pengintegrasian nilai-nilai local wisdom dalam mencegah konflik antar suporter sepakbola, diantaranya pepatah “menang tanpa ngasorake”. Apabila suporter menjunjung tinggi nilai tersebut, konflik suporter sepakbola berkurang dan semakin sadar pentingnya menjaga fair play.  
LEGAL PROTECTION FOR NEW CREDITORS IN THE IMPLEMENTION OF CREDIT TAKEOVER WITH MORTGAGE GUARANTEE Pujiyono, Pujiyono; Toha, Syarief
Yustisia Vol 6, No 1: April 2017
Publisher : Faculty of Law, Universitas Sebelas Maret

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20961/yustisia.v6i1.11506

Abstract

This research aimed to identify and analyze legal protection for new creditors in the takeover of credit with mortgage guarantee. Type of Research is a normative legal research or an equation with doctrinal research. The results of this research shows that the implementation of the credit take over with collateral mortgage starting from the loan application by the debtor and all the completeness of the terms of credit application, to do a survey to customers. If it is eligible, then continuing to make a credit proposal in which will be submitted to a credit comitee. If it is approved then continued with the credit agreement and collateral agreement that are required to bring the debtor. Then the bank employees accompany the debt to the former creditor, to make payment with funds obtained from third party to make payment with funds obtained from third party. If the repayment has been done, required to request full payment slip and genuine proof of guarantee ownership, then they can be burden by mortgage, roya has to be done first. The transfer mechanism of mortgage in credit takeover is too risky for a new creditor if the Roya’s mail can not be published on the same day. So that way is provide less certainty and legal protection for the new creditors.
Co-Authors Achmad Achmad Ade Adhari Agung Andiojaya Agung Andiojaya Agustiawan, M. Hendri Ahmad Ridwan, Nur Almira Rahma, Ardita Anis Widyawati Aprilia, Indah Siti Ardi, Muhammad Khalif Arief Suryono Arifin, Alif Wisuda Aryani, Fajar Dian Barda Nawawi Arief Bhakti, Rizky Atswari Cahya Wulandari Claudia, Natasya Debora Natalia Sudjito Dwi Maryono Edy Suprapto Edy Suprapto Encep, Encep Fernando, Zico Junius Hardiani, Putri Ikhsan Ikhsan Irawan, Chandra Noviardy Irma Cahyaningtyas, Irma Jamal Wiwoho Jaya, I Nyoman Serikat Putra Khamami Zada Kholdaa, Madya Cinta Kristiani Kristiani Kukuh Tejomurti, Kukuh Mahardika, Sylvester Enricho Mara Sutan Rambe Mardiana - Maria Silvya E. Wangga Marmi Sudarmi Muchlas Rastra Samara Muksin Muhammad Ishar Helmi, Muhammad Ishar Mulyanto Mulyanto Nabitatus Sa'adah Najlalinka, Zahrafhia Ndraha, Agung Silwanus Nugroho, Sofyan Nur Rochaeti Nur Rochaeti, Nur Pati, Umi Khaerah PRANOTO Priscilia, Erika Pujiyono Pujiyono Pulungan, Muhammad Al Faisal Putra Jaya, Nyoman Serikat Putra, Risqi Perdana Putra, Yagie Sagita Putrajaya, Nyoman Serikat Raharjo, Prasetyo Rani Tiyas Budiyanti Redita Suryadarma, Fatika Rian Saputra Roy Rovalino Herudiansyah Sahid, Mualimin Mochammad Saptanti, Noor Saputra, Andika Oktavian Sembiring, Rya Elita Br Sidharta, Sidharta Slamet Subiyantoro Solikah, Mar’atus Sulistyo, Edhei Sunny Ummul Firdaus Supeno, Bambang Joyo Suranto Suranto Toha, Syarief Tuhana Tuhana Umi Rozah Wicaksono, Adi Hardiyanto Windraswara, Juniardi Yasin Surya Wijaya Yunus Husein Yunus Husein