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All Journal LAW REFORM Indonesia Law Review (ILREV) Jurnal Indonesia Sosial Sains Journal of Central Banking Law and Institutions SCLS
Khanza, Yuga Narazua
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Humanities Astronomy Biochemistry, Genetics & Molecular Biology Chemistry Computer Science & IT Decision Sciences, Operations Research & Management Earth & Planetary Sciences Economics, Econometrics & Finance Energy Environmental Science Immunology & microbiology Law, Crime, Criminology & Criminal Justice Library & Information Science Materials Science & Nanotechnology Neuroscience Physics Social Sciences

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BANK INDONESIA’S ROLE IN ERADICATING CORRUPTION: ADOPTING THE WORLD BANK INITIATIVES Natamiharja, Rudi; Sabatira, Febryani; Davey, Orima Melati; Khanza, Yuga Narazua
Journal of Central Banking Law and Institutions Vol. 3 No. 1 (2024)
Publisher : Bank Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21098/jcli.v3i1.32

Abstract

Bank Indonesia as the primary agent for maintaining state financial stability plays an essential role in combatting corruption through preventive and repressive measures. However, considering the poor state of corruption management, Indonesia requires a more strategic and measurable framework. In this case, The World Bank Group (WBG) has numerous methods for combatting corruption through structured initiatives. The overall goal of the programs is to achieve a high level of transparency as the central bank’s fundamental premise in dealing with corruption. Thus, by adopting the WBG guidelines and initiatives, Indonesia can gradually scale up its corruption eradication efforts. This study will further highlight three areas, namely: (i) the World Bank alternatives for controlling corruption; (ii) the role of Bank Indonesia in eradicating corruption; and (iii) adoption of the World Bank’s alternatives in strengthening Bank Indonesia’s efforts to eradicate corruption. The study uses normative legal research using a regulatory approach with secondary data collection. The results of the study show that Bank Indonesia has thoroughly adopted the World Bank’s initiatives. Nevertheless, BI still needs to optimise technology-based public transparency, enhance public involvement, and strengthen supervision of sectoral-based corruption risk in the future. 
THE IMPACT OF PRENUPTIAL AGREEMENTS ON PROPERTY OWNERSHIP LEGAL STATUS OF INTER-MARRIAGES Khanza, Yuga Narazua; Okubo, Haruki; Mirantama, Ninda
Sriwijaya Crimen and Legal Studies Volume 1 Issue 2 December 2023
Publisher : Faculty of Law Sriwijaya University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.28946/scls.v1i2.2609

Abstract

Intermarriage is becoming more popular due to globalization's impact on increasing human interaction across national borders. As intermarriage becomes more prevalent, it gives rise to complex issues, with one notable concern being the legal entanglements arising from the ownership of assets or property by each partner during the marriage. This study focuses on the diverse issues associated with intermarriage in Indonesia, where legal consequences vary according to the nationality of each spouse. Notably, property ownership status, particularly concerning land and immovable assets, poses significant challenges due to the restrictions imposed on foreign citizens. In addressing these challenges, the article explores prenuptial agreements' potential role in navigating property ownership issues between spouses. The paper acknowledges the methodological and theoretical complexities inherent in establishing a clear link between intermarriage and prenuptial agreements, given the diverse ways these concepts are theorized and operationalized. Qualitative research methods and literature reviews are employed to gather insights, drawing on various research publications and news items that shed light on the legal implications of intermarriages involving individuals with different citizenships. The study's findings underscore the significance of prenuptial agreements in providing a legal framework for delineating the rights and obligations of spouses in matters of property ownership. By examining the property ownership status in intermarriages, this research contributes to a better understanding of the legal landscape surrounding such unions. The article concludes with a discussion of the implications of prenuptial agreements in shaping property ownership dynamics within the context of intermarriage.
Vernacularization of Sustainable Development Goals (SDGs): Diffusing Global Values in Indonesia’s Village Government Tisnanta, HS.,; Putri, Ria Wierma; Khanza, Yuga Narazua; Pereira, Lenilde; Priyono, FX Joko
LAW REFORM Vol 21, No 2 (2025): Law Reform
Publisher : PROGRAM STUDI MAGISTER ILMU HUKUM FAKULTAS HUKUM UNIVERSITAS DIPONEGORO SEMARANG

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14710/lr.v21i2.61705

Abstract

This article explores how Indonesia’s village governments interpret and implement the Sustainable Development Goals (SDGs) through the process of vernacularization. Given Indonesia’s more than 81,000 villages, each with unique socio-cultural characteristics, localizing global norms is both a legal and practical challenge. The urgency lies in aligning global development frameworks with traditional village governance while maintaining local identities. This study aims to assess the implementation of Village SDGs and to evaluate vernacularization as a mechanism for translating global norms into culturally resonant practices at the grassroots level. Using a normative juridical method, this research analyzes legal documents, policy frameworks, and academic literature to identify patterns in SDG localization. Qualitative doctrinal analysis and thematic content review are applied to trace how global values are reinterpreted through local institutions and practices. Findings indicate that the 17 SDGs, along with Indonesia’s additional Goal 18 on adaptive village culture, align with existing local norms but require contextual adaptation. This is achieved through a three step vernacularization model involving translation, the role of vernacularizers, and framing, all grounded in a human rights based approach. The study concludes that vernacularization is essential to ensuring inclusive, culturally grounded, and sustainable implementation of the SDGs, reinforcing both universal values and local autonomy.
Investor Protection and Corporate Responsibility in Multinational Holding Bankruptcy: The Virtue Dragon Indonesia and China Case Khanza, Yuga Narazua
Jurnal Indonesia Sosial Sains Vol. 5 No. 12 (2024): Jurnal Indonesia Sosial Sains
Publisher : CV. Publikasi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59141/jiss.v5i12.1553

Abstract

This research examines the implications of holding company bankruptcy on subsidiaries in Indonesia, focusing on capital market law and investor protection. The bankruptcy of a holding company can lead to operational disruptions for its subsidiaries, affecting market confidence and devaluing investments. Investors in these subsidiaries may face risks of unfair treatment during the bankruptcy process. The study explores Indonesia's legal framework, including the bankruptcy law and regulations enforced by the Otoritas Jasa Keuangan (OJK), which are aimed at protecting investors' rights and ensuring transparency. The case of Virtue Dragon Indonesia, a subsidiary of a Chinese holding company, highlights the complexities of cross-border bankruptcy and the challenges of safeguarding minority investors. The research underscores the need for stronger legal protections for investors and suggests improvements in Indonesia’s capital market laws to enhance investor confidence and market integrity.
DELAYS IN THE INTERNATIONAL SEABED AUTHORITY MINING CODE: INSIGHT FROM TWAIL AND BBNJ FRAMEWORKS Putri, Ria Wierma; Khanza, Yuga Narazua; Davey, Orima Melati; Sabatira, Febryani
Indonesia Law Review Vol. 14, No. 4
Publisher : UI Scholars Hub

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

The International Seabed Authority (ISA) plays a crucial role in governing the vast expanses of the ocean floor that lie beyond national jurisdictions, referred to as "the Area" under the United Nations Convention on the Law of the Sea (UNCLOS). Although the ISA has established regulations for deep-sea exploration, it has encountered significant challenges in finalizing a comprehensive mining code for resource exploitation. This ongoing delay underscores the notion that legal development is often catalyzed by broader social changes. To comprehend the factors contributing to this delay, it is essential to consider the historical context of UNCLOS 1982, a framework established during a period when numerous developing nations were asserting their independence. The Third World Approaches to International Law (TWAIL) critiques highlight how international legal frameworks have frequently favored developed nations, complicating the pursuit of a just and equitable mining code. Furthermore, the recent Biodiversity Beyond National Jurisdiction (BBNJ) Agreement, which advocates for equitable access to marine resources, poses additional challenges for the ISA. Developed nations, equipped with advanced technologies, continue to dominate deep-sea resource exploitation, exacerbating the existing technological divide, as illustrated by Indonesia's collaboration with the U.S. NOAA in 2010 to explore its marine territory. Social change typically emerges not merely from value shifts but through the resolution of conflicts that lead to new agreements. This article will attempt to understand why the ISA mining code has been delayed and what this means for international law considering the TWAIL and BBNJ approaches.
Co-Authors Davey, Orima Melati F. X. Joko Priyono Mirantama, Ninda Natamiharja, Rudi Okubo, Haruki Pereira, Lenilde Ria Wierma Putri, Ria Wierma Sabatira, Febryani Tisnanta, HS.,