Proceedings of the International Conference on Business, Economics, Social Sciences, and Humanities - Humanities and Social Sciences Track (ICOBEST-HSS 2024)

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Governance Transformation: Juridical Analysis of Account Number Buying and Selling Practices

Authors
Musa Darwin Pane1, *, Diah Pudjiastuti2
1Law Study Program, Faculty of Law, Universitas Komputer Indonesia, Jalan Dipati Ukur, 102-106, Bandung, Indonesia
2Criminal Justice Studies Program, International Women University, Jalan Pasirkaliki, 179A, Bandung, Indonesia
*Corresponding author. Email: musa@email.unikom.ac.id
Corresponding Author
Musa Darwin Pane
Available Online 5 August 2024.
DOI
10.2991/978-2-38476-269-9_7How to use a DOI?
Keywords
Account trading; digital economy; governance transformation; legal certainty; law enforcement
Abstract

The buying and selling of accounts—especially bank accounts—has grown to be a major problem as digital transactions become more commonplace. Nonetheless, the legal structure presents difficulties for law enforcement because it is unclear how account trading is regulated, notably with relation to Indonesia’s Information and Electronic Transactions Law (ITE Law). The purpose of this research is to evaluate the efficacy of current legal frameworks, explore the difficulties and consequences of account trading in the context of the digital economy, and make suggestions for reforming governance. This study, which takes a normative juridical approach, uses legal texts and literature reviews as secondary data sources. Research questions are addressed through qualitative analysis, with an emphasis on the creation and application of account trading policies. The study finds that the ITE Law has ambiguities about account trading that could jeopardize the security of personal data and impede law enforcement actions. To properly address these issues, governance change is necessary, necessitating updated legal frameworks, improved institutional capabilities, stakeholder collaboration, and public education. In order to tackle the intricacies of account trading, it is imperative to improve rules, bolster law enforcement capacities, foster public consciousness, and fortify stakeholder participation. Efforts should also be directed toward strengthening law enforcement and monitoring systems and protecting personal data.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the International Conference on Business, Economics, Social Sciences, and Humanities - Humanities and Social Sciences Track (ICOBEST-HSS 2024)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
5 August 2024
ISBN
978-2-38476-269-9
ISSN
2352-5398
DOI
10.2991/978-2-38476-269-9_7How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Musa Darwin Pane
AU  - Diah Pudjiastuti
PY  - 2024
DA  - 2024/08/05
TI  - Governance Transformation: Juridical Analysis of Account Number Buying and Selling Practices
BT  - Proceedings of the International Conference on Business, Economics, Social Sciences, and Humanities - Humanities and Social Sciences Track (ICOBEST-HSS 2024)
PB  - Atlantis Press
SP  - 57
EP  - 68
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-269-9_7
DO  - 10.2991/978-2-38476-269-9_7
ID  - Pane2024
ER  -