Legal Enforcement Model in Indonesia Capital Market Disputes to Make Substantive Justice

DOI

10.2991/icobame-18.2019.48How to use a DOI?

Keywords

law enforcement; capital market dispute; substantive justice; in Indonesia

Abstract

Law enforcement in the capital market sector becomes a serious issue, because the varies pattern of capital market business practices is very difficult to identify and qualify which includes a crime and which are not criminal acts. This paper aims to find the ideal law enforcement model in capital market disputes. This thesis is conducted by the juridis normative method by basing approach to the legislation in force. The research results show that there are several factors that can cause capital market legal enforcement is not optimal, they are, legal enforcement factor, regulation factor, and legal cultural factor. To further optimize there needs to be a change of paradigm in legal enforcement that is, progressive legal enforcement, with the strengthening of watchdog institutions such as Market watchdog conducted by financial services authority, and the establishment of a special institution for settlement of capital market disputes.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Sudiyana Sudiyana
PY  - 2019/07
DA  - 2019/07
TI  - Legal Enforcement Model in Indonesia Capital Market Disputes to Make Substantive Justice
BT  - Proceedings of the International Conference on Banking, Accounting, Management, and Economics (ICOBAME 2018)
PB  - Atlantis Press
SP  - 222
EP  - 224
SN  - 2352-5428
UR  - https://doi.org/10.2991/icobame-18.2019.48
DO  - 10.2991/icobame-18.2019.48
ID  - Sudiyana2019/07
ER  -