Hamzah, Hamzah and Aripin, Ahmad (2018) Capital Market Products and Investor Protection. European Research Studies Journal, XXI (2). pp. 714-727. ISSN 11082976

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Abstract

Consumer protection is an important issue in the commercial domain. In particular, consumer goods and services should receive protection. This study deals with consumer securities protection. Consumer securities protection has been applied in the US because of the financial crisis and fraud. Indonesia has experienced a huge case of financial fraud that involved the Bank Century-Antaboga. This article shows that a separate surveillance on the financial industry weakens, instead of integrating, this particular industry. Moreover, the role of authority is influential in governing the banking-securities industry. The Bank Century-Antaboga case shows a factual absence of disclosure in offering and selling securities instruments. Bapepam-LK should play its role in applying the disclosure principle. Otherwise, the Bank Century-Antaboga case will occur again.

Item Type: Article
Uncontrolled Keywords: Consumer Protection, Financial Industry, Commercial Domain.
Subjects: K Law > K Law (General)
Divisions: Fakultas Hukum (FH) > Prodi Magister Hukum
Depositing User: Mr Hamzah Hamzah
Date Deposited: 14 Nov 2018 09:53
Last Modified: 14 Nov 2018 09:53
URI: http://repository.lppm.unila.ac.id/id/eprint/9892

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