cover
Contact Name
Ahmad Danu Prasetyo
Contact Email
ijfs.ojki@ojk.go.id
Phone
-
Journal Mail Official
ijfs.ojki@ojk.go.id
Editorial Address
Jl. Gatot Subroto No.Kav.42, RT.6/RW.1, Kuningan Bar., Kec. Mampang Prpt., Kota Jakarta Selatan, Daerah Khusus Ibukota Jakarta 12710
Location
Kota adm. jakarta selatan,
Dki jakarta
INDONESIA
The International Journal of Financial Systems
Published by Otoritas Jasa Keuangan
ISSN : 30258480     EISSN : 30258537     DOI : https://doi.org/10.61459/ijfs
Core Subject : Economy,
Financial systems form the backbone of modern economies, comprising a complex network of institutions, markets, regulations, and instruments that facilitate the efficient allocation of resources, risk management, and economic growth. Given the increasingly interconnected nature of our global economy, studying financial systems has become imperative for individuals, organisations, and policymakers alike. The development of financial systems is an ongoing process influenced by a myriad of factors, including technological advancements, regulatory frameworks, and changing market dynamics. Over time, financial systems have evolved from traditional, localised models to globalised, technology-driven ecosystems. Innovations such as digital banking, mobile payments, blockchain technology, and algorithmic trading have revolutionised financial transactions, reshaping the landscape of financial systems. Research on financial systems holds immense importance, as it delves into the intricacies and complexities associated with these systems. By examining various facets such as financial institutions, markets, instruments, regulatory frameworks, and risk management practices, researchers contribute to our understanding of how financial systems function, their efficiency, and their stability. Policymakers rely on this research to formulate effective regulations and policies that promote stability, enhance resilience, and mitigate systemic risks within financial systems. Furthermore, practitioners in the field of finance, including bankers, financial analysts, investment managers, and policymakers, benefit greatly from research on financial systems. These insights enable them to make informed decisions, manage risks effectively, and develop strategies that foster financial intermediation, sustainable economic growth, and financial inclusion. SCOPE The International Journal of Financial Systems welcomes papers from researchers, academics, and practitioners worldwide. We specifically invite contributions that address the following key topics: Financial Institutions Financial Instruments Financial Markets Financial Regulations and Policies Financial Inclusion Financial Literacy and Education Islamic Finance Sustainable Finance Innovative Financial Technology Financial System Stability Financial Integration
Articles 5 Documents
Search results for , issue "Vol. 2 No. 1 (2024)" : 5 Documents clear
Technological Innovation of the Crypto-Asset Financial Sector in Indonesia after Law Number 4 of 2023 Concerning the Development and Strengthening of the Financial Sector Izmi, Nurul; Siagian, Abdhy Walid
The International Journal of Financial Systems Vol. 2 No. 1 (2024)
Publisher : Otoritas Jasa Keuangan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61459/ijfs.v2i1.34

Abstract

Law Number 4 of 2023 on the Development and Strengthening of the Financial Sector (UUP2SK) has provided changes to all regulatory and supervisory authorities over the operationalisation of cryptocurrencies, which were previously in the hands of the Commodity Futures Trading Supervisory Agency (Bappebti) to the jurisdiction of the Financial Services Authority (OJK). After the enactment of UUP2SK, the authority to regulate and supervise crypto assets is now under the purview of OJK, with the transition of taking over all responsibilities related to crypto assets, but there is no regulation that regulates in detail the procedures for the transfer of authority.
The Impact of the Law No 4/2023 on the Development and Strength of the Financial Sector (P2SK): Is Crypto Getting Brighter? Eri Puspita, Rosana; Iskandar, Iskandar; Tandio, Tjondroargo
The International Journal of Financial Systems Vol. 2 No. 1 (2024)
Publisher : Otoritas Jasa Keuangan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61459/ijfs.v2i1.39

Abstract

This study aims to analyze crypto market conditions so they can formulate policy recommendations for OJK. Crypto market conditions were observed using a netnographic approach, using a total sample of 6,267 netizen comments. Data was extracted with NAWALA software, processed with NVIVO, and policy selected with MULTIPOL. The results show a better dynamic in the crypto market development in Indonesia after the issuance of the Law, even though many dynamics still occur. This study suggests that the Financial Services Authority (OJK) take different policies in 2024, 2025, and 2026 in supporting the development of crypto assets.
Forecasting Bank Stock Trends Using Artificial Intelligence: A Deep Dive into the Neural Prophet Approach Noviandy, Teuku Rizky; Hardi, Irsan; Idroes, Ghalieb Mutig
The International Journal of Financial Systems Vol. 2 No. 1 (2024)
Publisher : Otoritas Jasa Keuangan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61459/ijfs.v2i1.41

Abstract

This research aims to use Neural Prophet, a deep learning tool, to predict stock prices in the banking sector with high accuracy and useful insights. The model's capability in managing intricate temporal patterns differentiates it, garnering attention from researchers. The significance of this research lies in its potential to enhance stock price prediction precision, especially in the context of banking stocks, offering stakeholders’ deeper insights. The model's efficacy spans stable and volatile market behaviours, making it a valuable tool for informed decision-making in finance. Accurate predictions benefit risk management, facilitating well-informed investment choices in dynamic markets.
The Impact of Bank Ownership Structure on Green Banking Practices in Indonesia: The Moderating Role of Corporate Governance Kartiko, Nafis Dwi; Firmansyah, Amrie
The International Journal of Financial Systems Vol. 2 No. 1 (2024)
Publisher : Otoritas Jasa Keuangan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61459/ijfs.v2i1.43

Abstract

This study aims to analyze the impact of institutional, foreign, and government ownership on green banking disclosure in Indonesia. The sample includes 578 observations of banking companies in Indonesia over the period 2004 to 2021, and is analyzed using the OLS multiple linear regression method. The findings show that institutional and foreign ownership are negatively correlated with green banking disclosure, while government ownership has no significant impact. In terms of corporate governance moderation, this study shows that governance strengthens the positive effect between institutional ownership and green banking disclosure, but weakens the relationship between foreign ownership and green banking disclosure.
The Determination of Market Conduct Supervision in Increasing Customer Trust and Sense of Security Mediated by the Customer Satisfaction Index Naufalia, Viani
The International Journal of Financial Systems Vol. 2 No. 1 (2024)
Publisher : Otoritas Jasa Keuangan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61459/ijfs.v2i1.44

Abstract

The objective of this research is to find out how the determinants of market conduct monitoring contribute to fostering customer trust and security, supported by the mediating variable customer satisfaction index. The researcher used quantitative research methods from customers of financial service products in DKI Jakarta, then data analysis techniques used SMART PLS 4.0 application and CSI score calculations. The results of this research show that market conduct monitoring has a significant positive determination in increasing customer confidence by 50.2% and customer sense of security by 25.2%, and can be mediated by a customer satisfaction index of 31.4%.

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