Amendments to FSA Act in Order to Realize Legal Functions in Economic Activities in Indonesia
Year: 2024
Type: article
Abstract: The problem of law in research is how to change FSA's objectives and duties in the Law on Development and Strengthening of the Financial Sector. In Law No. 4 of 2023 concerning the Development and Strengthening of the Financial Sector. The research results show that there is no change in the objectives of the Authority Service Finance—amendment-shaped changes and additions. Changes and Additions are shaped first. Additional FSA's duties in the FSA Law consist of 3 significant elements, while the PPSK Law consists of the 7 great elements of sector finance. Second, the arrangement of FSA's duties consists of 1 verse in the FSA Law, whereas in the PPSK Law, the FSA's duties consist of 2 verses. Verse 2 states that the Financial Services Authority, in its job, carries out development sector finance and coordinates with ministry/agency and authority-related. Changes and additions to provisions about FSA's duties show function law that looks forward as a social engineering tool. This research is a type of normative research
Author: Theresia Anita Christiani
Institution: Atma Jaya University Yogyakarta
Language: English
Field: Social Sciences
Domain: Social Sciences
Open Access status: hybrid
Funder: Universitas Atma Jaya Yogyakarta
OpenAlex ID: W4405986335