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All Journal Bina Ekonomi: Majalah Ilmiah Fakultas Ekonomi Universitas Katolik Parahyangan
Difa Dini Asfari
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Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Environmental Science

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OTORITAS JASA KEUANGAN Difa Dini Asfari
Bina Ekonomi Vol. 18 No. 2 (2014)
Publisher : Center for Economic Studies Universitas Katolik Parahyangan

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (78.482 KB) | DOI: 10.26593/be.v18i2.1185.%p

Abstract

Financial system is a network consisting of units of financial institution. In financial institutions there are banking institutions and non-bank financial institutions. Financial institutions have space for each activity. An institution may act as a regulator that regulates the activities of the banking sector or supervisors who supervise banking activities. Regulators and supervisors who are at a certain entity called the financial system authority or OJK (Otoritas Jasa Keuangan). Three authority models developed according to financial market development are the three pillars model that evolved into a twin peaks model and the latter being a model of a single authority. Indonesia is one country that introduced a single authority model in the financial services authority
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