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Safeguarding Investor Rights: OJK’s Regulatory Framework Including Management and Challenges in Indonesia’s Capital Market Kusnawirawan, Iwan; Syarkani, Yofi; Hernayati, Hernayati; Waluyo, Imam
Jurnal Multidisiplin Indonesia Vol. 4 No. 3 (2025): Jurnal Multidisiplin Indonesia
Publisher : Riviera Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58344/jmi.v4i3.2243

Abstract

Investor protection is crucial for maintaining stability and trust in Indonesia’s capital market. The Financial Services Authority (Otoritas Jasa Keuangan, OJK) plays a central role in regulating transparency, preventing fraud, and providing dispute resolution mechanisms. Despite a robust regulatory framework, challenges such as weak enforcement, low financial literacy, and regulatory inefficiencies persist. This study employs a qualitative research approach, incorporating legal analysis and a management control framework. Primary data includes expert interviews, while secondary data consists of financial reports, journal articles, and regulatory documents. Key Performance Indicators (KPIs) such as enforcement actions, fraud detection rates, and investor restitution are analyzed to evaluate regulatory effectiveness. Fraud Prevention through POJK No. 43/POJK.04/2020, which grants OJK the authority to impose sanctions but struggles with enforcement effectiveness; and (3) Alternative Dispute Resolution via collaboration with LAPS SJK and the APPK platform, which enhances accessibility but faces challenges in public awareness and efficiency. Despite these measures, issues such as inadequate deterrents for market violations, gaps in technological supervision, and bureaucratic inefficiencies hinder optimal investor protection. To strengthen investor protection, OJK must enhance legal enforcement, expand financial literacy programs, leverage technology for market supervision, and improve inter-agency coordination. The adoption of RegTech solutions, blockchain transparency mechanisms, and stricter legal sanctions can significantly boost regulatory efficiency and investor confidence. Future research should explore international best practices to further refine Indonesia’s financial regulatory landscape.
Analysis of Patient Safety in TM/CAM Services, Women's Health and its Legal Perspective Kusnawirawan, Iwan; Koniasari; Alfian , RM; Alpiah, Dini Nur; Rosyita, Hafna; Amalia, Anindini Winda
Jurnal Health Sains Vol. 5 No. 3 (2024): Journal Health Sains
Publisher : Syntax Corporation Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46799/jhs.v5i3.1246

Abstract

Ensuring patient safety is a crucial aspect of healthcare including TM/CAM, particularly in the field of women's health. Healthcare providers must prioritize the safety of women during pregnancy and childbirth to prevent any harm or potential risks. This research used a traditional review, increasing the amount of literature that has been read and analyzed by the researcher. Normative-juridical principles in a prescriptive analytical manner with a statutory regulatory approach and the thinking method is deductive. General patient safety principles can be used in TM/CAM services by implementing the International Classification of Patient Safety (ICPS). Women are at risk due to their genital, hormonal, and pregnancy characteristics and may be affected by disease conditions acquired before or during pregnancy, and complications from physiological events at the end of pregnancy. Regulations on traditional health services and women's health care in Law No. 17 of 2023 and other regulations. This arrangement must guarantee safety, quality, and affordability. Patient safety is specifically regulated by Regulation of the Minister of Health of the Republic of Indonesia Number 11 of 2017 concerning Patient Safety. TM/CAM health services have developed in society and have to assess quality and safety standards, registration and accreditation have been established and TM/CAM health service practitioners, both those with formal and non-formal education, are required to have a competency certificate and Registration Certificate (STR). And Licenses (SIP) and Traditional Healers Registered Certificate (STPT).