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The Evolution Of Constitutional Theory: A Historical Study And Its Relevance In Indonesia Edina, Sheilla Ariestia; Rosidin, Didin Nurul; Toheri, Toheri
Jurnal Legisci Vol 2 No 2 (2024): Vol 2 No 2 October 2024
Publisher : Ann Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62885/legisci.v2i2.522

Abstract

This article discusses the challenges and opportunities in adapting constitutional theory in the context of Indonesia's law and government. It was found that the main challenges include widespread corruption, political instability, plurality and multiculturalism, inconsistencies between national and local laws, and suboptimal enforcement of human rights. On the other hand, there are significant opportunities to overcome these challenges, such as through constitutional reform, the important role of the Constitutional Court, increasing legal education and awareness, the use of information technology for transparency, and international cooperation. This article emphasizes the importance of taking advantage of these opportunities and addressing existing challenges to develop a stronger, fairer, and more democratic constitutional system in Indonesia. Thus, the adaptation of constitutional theory can run more effectively and in accordance with the needs and aspirations of the people of Indonesia.
Implementasi Hukum Pasar Modal terhadap Praktik Perusahaan Sekuritas di Indonesia Pasca Covid-19 Edina, Sheilla Ariestia; Sudarto, Sudarto
FOCUS Vol 6 No 2 (2025): FOCUS: Jurnal Ilmu Pengetahuan Sosial
Publisher : Neolectura

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37010/fcs.v6i2.1931

Abstract

The COVID-19 pandemic had a significant impact on Indonesia's capital market, including securities companies that act as intermediaries in securities transactions. Economic instability and high market volatility created legal challenges in regulatory compliance, policy adaptation, and investor protection. This study aims to analyze the implementation of capital market law on the practices of securities companies post-COVID-19, with a case study on PT. OSO Sekuritas Indonesia. The research employs a normative juridical approach supported by empirical data, including interviews with industry stakeholders and an analysis of policies issued by the Financial Services Authority (OJK) and the Indonesia Stock Exchange (BEI). The findings reveal that the pandemic accelerated digital transformation in the capital market sector, increased regulatory complexity, and strengthened OJK’s role in enforcing legal compliance among securities companies. However, major challenges include regulatory uncertainty, default risks, and stricter supervision. The long-term legal implications of the pandemic highlight the need for capital market policy revisions to be more adaptive to crises, enhanced investor protection, and stronger regulations on digital technology use in securities activities. This study is expected to contribute to the development of Indonesia’s capital market law, particularly in formulating policies that are more responsive to market dynamics and the needs of securities companies and investors.