EFFECTIVENESS OF THE REGULATION ON FINANCIAL SERVICE CONSUMER PROTECTION IN INDONESIA

Some cases of financial business transactions practices in Indonesia had  caused financial damages were suffered by the consumers.  Eventhough Indonesia had well regulated the protection of  financial service cunsumers, in practices of dispute settlement oftently the concumers could not got  fair so...

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Main Authors: Triyana Yohanes, Nikolaus Budi Arianto Wijaya
Format: Article
Language:English
Published: universitas atma jaya yogyakarta, fakultas hukum 2019-06-01
Series:Justitia Et Pax
Subjects:
Online Access:http://ojs.uajy.ac.id/index.php/justitiaetpax/article/view/1964
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author Triyana Yohanes
Nikolaus Budi Arianto Wijaya
author_facet Triyana Yohanes
Nikolaus Budi Arianto Wijaya
author_sort Triyana Yohanes
collection DOAJ
description Some cases of financial business transactions practices in Indonesia had  caused financial damages were suffered by the consumers.  Eventhough Indonesia had well regulated the protection of  financial service cunsumers, in practices of dispute settlement oftently the concumers could not got  fair solutions, so their rights could not be well fullfiled. The problem in this research was studied by a normative legal research, the data were analyzed by qualitative and comparative methods,  and the conclusion was done by deductive method. From the analyzed  data, it could be concluded that the effectiveness of the consumers protection in the sector of financial services business regulation in Indonesia was not high due to some reasons, such as, the weakness of the law enforcement, the OJK had not been pro-active in giving protection to the financial service consumers and the problem of legal culture of the  Indonesian society.
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spelling doaj.art-88c96e40e86741d68fece9ab13ca0a702022-12-21T23:55:31Zenguniversitas atma jaya yogyakarta, fakultas hukumJustitia Et Pax0852-18832019-06-0135110.24002/jep.v35i1.19641370EFFECTIVENESS OF THE REGULATION ON FINANCIAL SERVICE CONSUMER PROTECTION IN INDONESIATriyana Yohanes0Nikolaus Budi Arianto Wijaya1Law Faculty Universitas Atma Jaya YogyakartaUniversitas Atma Jaya YogyakartaSome cases of financial business transactions practices in Indonesia had  caused financial damages were suffered by the consumers.  Eventhough Indonesia had well regulated the protection of  financial service cunsumers, in practices of dispute settlement oftently the concumers could not got  fair solutions, so their rights could not be well fullfiled. The problem in this research was studied by a normative legal research, the data were analyzed by qualitative and comparative methods,  and the conclusion was done by deductive method. From the analyzed  data, it could be concluded that the effectiveness of the consumers protection in the sector of financial services business regulation in Indonesia was not high due to some reasons, such as, the weakness of the law enforcement, the OJK had not been pro-active in giving protection to the financial service consumers and the problem of legal culture of the  Indonesian society.http://ojs.uajy.ac.id/index.php/justitiaetpax/article/view/1964indonesian law, consumer protection, financial service, effectiveness
spellingShingle Triyana Yohanes
Nikolaus Budi Arianto Wijaya
EFFECTIVENESS OF THE REGULATION ON FINANCIAL SERVICE CONSUMER PROTECTION IN INDONESIA
Justitia Et Pax
indonesian law, consumer protection, financial service, effectiveness
title EFFECTIVENESS OF THE REGULATION ON FINANCIAL SERVICE CONSUMER PROTECTION IN INDONESIA
title_full EFFECTIVENESS OF THE REGULATION ON FINANCIAL SERVICE CONSUMER PROTECTION IN INDONESIA
title_fullStr EFFECTIVENESS OF THE REGULATION ON FINANCIAL SERVICE CONSUMER PROTECTION IN INDONESIA
title_full_unstemmed EFFECTIVENESS OF THE REGULATION ON FINANCIAL SERVICE CONSUMER PROTECTION IN INDONESIA
title_short EFFECTIVENESS OF THE REGULATION ON FINANCIAL SERVICE CONSUMER PROTECTION IN INDONESIA
title_sort effectiveness of the regulation on financial service consumer protection in indonesia
topic indonesian law, consumer protection, financial service, effectiveness
url http://ojs.uajy.ac.id/index.php/justitiaetpax/article/view/1964
work_keys_str_mv AT triyanayohanes effectivenessoftheregulationonfinancialserviceconsumerprotectioninindonesia
AT nikolausbudiariantowijaya effectivenessoftheregulationonfinancialserviceconsumerprotectioninindonesia