Amendments to FSA Act in Order to Realize Legal Functions in Economic Activities in Indonesia
Journal Title: International Journal of Multidisciplinary Research and Analysis - Year 2024, Vol 7, Issue 12
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
Authors and Affiliations
Theresia Anita Christiani, St. Mahendra Soni Indriyo
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