Journal of Digital Law and Policy
Vol. 2 No. 3 (2023): Journal of Digital Law and Policy - May 2023

The Role of the Financial Services Authority in Handling Online Money Loan Offers by Information Technology-Based Joint Funding Services (LPBBTI)

Aurelia Natalia Wisung (Fakultas Hukum Universitas Nusa Cendana)
Sukardan Aloysius (Fakultas Hukum Universitas Nusa Cendana)
Yossie M.Y. Jacob (Fakultas Hukum Universitas Nusa Cendana)
Darius Mauritsius (Fakultas Hukum Universitas Nusa Cendana)



Article Info

Publish Date
31 May 2023

Abstract

The Financial Services Authority is a financial services supervisory institution that has the authority to regulate, supervise, examine, and investigate financial services institutions including online money loans by information technology-based joint funding services. The formulation of this research problem: (1) What is the role of the Financial Services Authority in handling online money loan offers by information technology- based joint funding services? (2) what efforts have the Financial Services Authority made in handling online money loan offers by information technology-based joint funding services? The research used is normative legal research using the descriptive analysis method. This research uses primary, secondary, and tertiary legal materials. The results of this study can be concluded: (1) The role of the Financial Services Authority in handling online money loan offers by information technology-based joint funding services is to issue regulations to regulate and supervise. (2) The efforts that have been made by the Financial Services Authority in handling online money loan offers by information technology-based joint funding services are conducting education, urging the public to always check the legality of online loans when receiving offers, issuing new services to improve consumer protection, namely Consumer Support Technology (CST) in the form of Chatbot CST and the Financial Services Authority together with 11 ministries coordinating to form the Investment Alert Task Force (SWI) to eradicate illegal online loans that are troubling and detrimental to the community.

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Journal Info

Abbrev

jdlp

Publisher

Subject

Law, Crime, Criminology & Criminal Justice

Description

Journal of Digital Law and Policy cover issues regarding law and policy in realm of digitalization. To seek any legal analysis and case reports to academics, legislators, professionals and industries in the following scope : Intellectual Property Right Consumer Protection Law Electronic Transactions ...