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2021

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Articles 31 - 60 of 583

Full-Text Articles in Administrative Law

Apocalypse Ahoy: How The Cruise Industry Boom Is Harming The World’S Oceans And Problems With Enforcing Environmental Regulations, Nicholas J. Sarnelli Dec 2021

Apocalypse Ahoy: How The Cruise Industry Boom Is Harming The World’S Oceans And Problems With Enforcing Environmental Regulations, Nicholas J. Sarnelli

Brooklyn Law Review

The global cruise line industry enjoyed an incredible surge in popularity before the coronavirus pandemic. While the industry nearly sank in the wake of the pandemic, cruise lines are poised to continue to enjoy record-breaking profits while continuing to build larger and more opulent ships. This boom exacts a heavy toll on the environment, as cruise ships burn dirty fuel and dump dirty water into the world’s oceans. The current international legal framework for regulating the world’s shipping industry allows companies to effectively select which nation’s environmental laws to submit to, with ships flying under so-called “flags of convenience”. While …


Federal Land Conservation In Rural Areas, Jessica Owley, Jess Phelps Dec 2021

Federal Land Conservation In Rural Areas, Jessica Owley, Jess Phelps

Brooklyn Law Review

Rural land has an important role to play in environmental protection. This Article examines how the federal government works to further the goals of land conservation in rural areas—ranging from farmland to forests and wetlands; from working landscapes to national parks; and from private to public landownership. We note three approaches. The federal government mandates conservation through laws like the Endangered Species Act and the Clean Water Act. The federal government incentivizes conservation through Farm Bill programs and tax incentives. Finally, the federal government facilitates conservation through noncoercive funding, review, and technical assistance programs under the Farm Bill, the National …


Redefining The Safe Third Country Exception Of The Immigration And Nationality Act In The Wake Of Trump, Daniel E. Rabbani Dec 2021

Redefining The Safe Third Country Exception Of The Immigration And Nationality Act In The Wake Of Trump, Daniel E. Rabbani

Brooklyn Law Review

The U.S. Immigration and Nationality Act lays out when an asylum seeker has the right to apply for asylum in the United States. This right is not available, however, when an asylum seeker passes through a designated Safe Third Country. A Safe Third Country is an internationally used concept that, pursuant to an international agreement, requires refugees to seek asylum in the first safe country that they step foot in. As the Safe Third Country exception on the Immigration and Nationality Act stands now, there are no guidelines on how to evaluate whether a country is in fact safe. This …


Putting A Finger On Biometric Privacy Laws: How Congress Can Stitch Together The Patchwork Of Biometric Privacy Laws In The United States, Eliza Simons Dec 2021

Putting A Finger On Biometric Privacy Laws: How Congress Can Stitch Together The Patchwork Of Biometric Privacy Laws In The United States, Eliza Simons

Brooklyn Law Review

The use of biometric identification in the consumer industry has grown immensely over the last decade and is projected to continue growing at an even faster rate. As private entities abandon password-based security systems and opt for the more secure, convenient, and cost-effective method of using biometric data, individuals are worried how that information will be protected. Although the right to privacy has always been valued in the United States, Congress has yet to specifically address biometric privacy. This note sets the legal landscape of privacy law, through the lens of biometric privacy, by surveying four categories of privacy law: …


Avoiding Wasteful Competition: Why Trading On Inside Information Should Be Illegal, Michael D. Guttentag Dec 2021

Avoiding Wasteful Competition: Why Trading On Inside Information Should Be Illegal, Michael D. Guttentag

Brooklyn Law Review

This article offers a new and compelling reason to make all trading based on inside information illegal. The value realized by trading on inside information is unusual in two respects. First, inside information is produced at little or no incremental cost and is nevertheless quite valuable. Second, profits made from trading on inside information come largely at the expense of others. When the value of something exceeds the cost to produce it, a wasteful race to be the first to capture the resulting surplus is likely to ensue. Similarly, resources expended solely to take something of value from others are …


A Call To Replace The Apa’S Notice-And-Comment Exemption For Guidance Documents, Crystal M. Cummings Dec 2021

A Call To Replace The Apa’S Notice-And-Comment Exemption For Guidance Documents, Crystal M. Cummings

Brooklyn Law Review

Section 553 of the APA requires public “notice-and-comment” before a federal agency issues substantive rules and exempts from these procedures guidance documents that merely offer nonbinding insight and assistance on existing law. The problem of federal agencies using the notice-and-comment exemption to issue legislative rules that are legally binding has garnered considerable attention. Congressional efforts to amend the APA in response have failed and, in turn, variations have been offered on a seemingly simple fix—mandate or encourage agencies to solicit public input before issuing guidance documents. This note characterizes these proposals as overlays on the § 553(b)(A) exemption. The note …


Without A Voice, Without A Forum: Finding Iirira Section 1252(G) Unconstitutional, Amanda Simms Dec 2021

Without A Voice, Without A Forum: Finding Iirira Section 1252(G) Unconstitutional, Amanda Simms

Brooklyn Law Review

The Federal Tort Claims Act (FTCA) abrogates sovereign immunity in certain circumstances to allow private individuals, regardless of citizenship, to sue the United States for specific torts committed by government officials. Yet when two lawful permanent residents—located in different parts of the country—separately tried to sue the government for wrongful removal, one court dismissed the suit for lack of subject matter jurisdiction while the other court did not. These decisions, though reaching opposite conclusions, both relied on federal immigration statute 8 U.S.C. § 1252(g) in order to determine whether judicial review of immigrants’ removal orders is precluded. This note argues …


Big Dreams And Pyramid Schemes: The Ftc’S Path To Improving Multi-Level Marketing Consumer Protections In Light Of Amg Capital Management And The 2016 Herbalife Settlement, Camille H. Mangiaratti Dec 2021

Big Dreams And Pyramid Schemes: The Ftc’S Path To Improving Multi-Level Marketing Consumer Protections In Light Of Amg Capital Management And The 2016 Herbalife Settlement, Camille H. Mangiaratti

Journal of Law and Policy

Multi-level marketing, also known as “MLM,” is a type of sales business that relies on both sales to consumers and recruitment of sellers into the company’s tiered commission structure. MLMs are wildly and enduringly popular, especially because they claim to be a flexible and easy source of income for people who need it most. However, almost everyone who joins an MLM will lose money, and many MLMs are illegal pyramid schemes. Millions of Americans are harmed by MLMs every year. Despite this, the government does very little to punish MLMs who lie to prospective participants about their odds of success. …


How Artificial Intelligence Machines Can Legally Become Inventors: An Examination Of And Solution To The Decision On Dabus, Justyn Millamena Dec 2021

How Artificial Intelligence Machines Can Legally Become Inventors: An Examination Of And Solution To The Decision On Dabus, Justyn Millamena

Journal of Law and Policy

With proliferation of Artificial Intelligence research and development, it is foreseeable that these machines will invent many new patentable technologies. However, the United States Patent and Trademark Office recently deemed a patent application incomplete for listing an AI machine as the inventor. If the USPTO’s decision is not corrected, the patent system will be in danger because many fraudulent patent applications that list incorrect inventors will be filed. This would drastically change existing and settled inventorship jurisprudence and might endanger the patent protection over such patents. This Note argues that the USPTO’s reasons for not allowing the Artificial Intelligence machine …


'Good Administration' And The 'Good': The Normative Foundation For The Protection Of Legitimate Expectations, Wei Yao, Kenny Chng Dec 2021

'Good Administration' And The 'Good': The Normative Foundation For The Protection Of Legitimate Expectations, Wei Yao, Kenny Chng

Research Collection Yong Pung How School Of Law

An idea that has gained significant traction in both case law and academic commentary as a justification for the protection of legitimate expectations is the concept of ‘good administration’. Going beyond the usual criticisms of the concept’s ambiguity, this article aims to highlight an additional set of difficulties with the invocation of ‘good administration’ as the normative justification for the doctrine. This article’s central argument is that the concept of ‘good’ invoked by the idea of ‘good administration’ inevitably falls to be substantiated by a particular conception of what the ‘good’ requires as a matter of political philosophy. And given …


Comment Of Proposed Department Of Labor Regulations On Esg Investing, Prudence And Loyalty, Edward A. Zelinsky Nov 2021

Comment Of Proposed Department Of Labor Regulations On Esg Investing, Prudence And Loyalty, Edward A. Zelinsky

Testimony

DOL’s proposed regulations about ERISA’s fiduciary duties of prudence and loyalty weaken the protection of America’s workers and retirees. Accordingly, these proposed regulations should be amended to delete the imprudent, unproven and ambiguous term “ESG,” to add more balanced examples which reduce misperceptions of ERISA’s fiduciary duties, and to expunge altogether the concept of tie-breaking which violates the duty of loyalty by encouraging the pursuit of collateral benefits.

The fundamental claims of ESG advocates are economically implausible. Such advocates assert that they consistently outperform and manipulate competitive markets. This claim is unpersuasive.

ESG proponents assert that a person making an …


Policy Vs. Deduction: Finance Lease Between Formal Property And Economic Reality, Akram Korany Nov 2021

Policy Vs. Deduction: Finance Lease Between Formal Property And Economic Reality, Akram Korany

Archived Theses and Dissertations

No abstract provided.


Bahr V. Regan, Aspen B. Ward Nov 2021

Bahr V. Regan, Aspen B. Ward

Public Land & Resources Law Review

In June 2015, the Lake Fire burned through California’s San Bernardino National Forest. Three hundred miles east of the fire, six air quality monitors exceeded NAAQS in Phoenix, Arizona. Arizona’s Department of Environmental Quality petitioned the EPA to exclude those exceedances to avoid stricter regulatory burdens and the need for contingency measures. Applying the Exceptional Events Rule, the EPA permitted the petition to exclude the data therefore allowing Phoenix to successfully demonstrate attainment of the ozone NAAQS by the July 2018 deadline. Petitioners sought review of the EPA’s final decision and were denied their petition for review by the Ninth …


Pemenuhan Hak Konstitusional Untuk Warga Negara Indonesia Melalui Program Perhutanan Sosial, Yusuf Adiwinata Damanhuri Nov 2021

Pemenuhan Hak Konstitusional Untuk Warga Negara Indonesia Melalui Program Perhutanan Sosial, Yusuf Adiwinata Damanhuri

"Dharmasisya” Jurnal Program Magister Hukum FHUI

Social Forestry as a forest management system based on the independence and participation of local communities, ensuring the participation of the community's direct role in forest development can provide maximum benefits to local communities and indigenous peoples. Indonesia, as one of the countries that began to initiate social forestry programe, through the ministry of Environment and Forestry of the Republic of Indonesia, has provided legal certainty for the local community and indigenous people to obtain forest access as requested. Various types of social forestry schemes, namely Village Forests, Customary Forests, Community Plantation Forests, Community Forests, Community Forests, and Forestry Partnerships …


Tinjauan Yuridis Perbuatan Melawan Hukum Terhadap Cacat Badan Di Indonesia, Yulianto Manurung Nov 2021

Tinjauan Yuridis Perbuatan Melawan Hukum Terhadap Cacat Badan Di Indonesia, Yulianto Manurung

"Dharmasisya” Jurnal Program Magister Hukum FHUI

One of the categories of acts against the law stipulated in Article 1365 to 1380 of the Civil Code is an unlawful act that causes bodily defects as stipulated in Article 1371 of the Civil Code What often causes problems in practice is the calculation of the amount of material compensation that must be given to victims who have disabilities as a result of unlawful acts because the Civil Code does not provide clear and complete benchmarks regarding this matter. Arrangements regarding compensation to victims of acts against the law especially those that cause bodily disabilities for the victim have …


Indikasi Predatory Pricing Pada Praktik Perang Harga Antara Pelaku Usaha Financial Technology (Fintech) Ditinjau Berdasarkan Hukum Persaingan Usaha Di Indonesia, Yohanna Ameilya Panjaitan Nov 2021

Indikasi Predatory Pricing Pada Praktik Perang Harga Antara Pelaku Usaha Financial Technology (Fintech) Ditinjau Berdasarkan Hukum Persaingan Usaha Di Indonesia, Yohanna Ameilya Panjaitan

"Dharmasisya” Jurnal Program Magister Hukum FHUI

The rapid development of the digital world has opened wider networks for the formation of the global economy, which has also led to the emergence of various business transactions involving many financial technology-based financial companies (Fintech), which provide services similar to banking functions. Fintech is expected to drive the industrial revolution in the form of online digital technology, which is based on new technology that will change the entire production and management chain in each branch of industry. The Fintech company is growing rapidly and significantly in Indonesia, where the Fintech sub-sector is seen to flourish, namely lending and e-wallet …


Tinjauan Yuridis Peran Pt Kliring Penjaminan Efek Indonesia Sebagai Central Counter Party Untuk Transaksi Derivatif Suku Bunga Dan Nilai Tukar Over The Counter, Yofi Satriya Wijaya Nov 2021

Tinjauan Yuridis Peran Pt Kliring Penjaminan Efek Indonesia Sebagai Central Counter Party Untuk Transaksi Derivatif Suku Bunga Dan Nilai Tukar Over The Counter, Yofi Satriya Wijaya

"Dharmasisya” Jurnal Program Magister Hukum FHUI

The role of the Central Counter Party (CCP) in financial transactions, especially in the derivatives market, is the concern and commitment of G20 member countries including Indonesia to be implemented due to the global crisis in 2008-2010. Derivatives have an important role as an alternative investment and funding as well as hedging for investors against the risk of changes in the price of financial assets that can’t be predicted so that puts investors in a loss position. However, derivatives can also have a negative impact if the implementation is done improperly so that it has an impact on financial stability …


Penanganan Dan Penyelesaian Unclaimed Assets Di Pasar Modal Indonesia, Yanu Suwandika Menoadji Nov 2021

Penanganan Dan Penyelesaian Unclaimed Assets Di Pasar Modal Indonesia, Yanu Suwandika Menoadji

"Dharmasisya” Jurnal Program Magister Hukum FHUI

In other countries, the handling and settlement of Unclaimed Assets has been regulated separately in an Act. In Indonesia, the handling and settlement of Unclaimed Assets has been regulated in the Civil Code (KUHPerd), including the regulation regarding Afwezigheid, namely the handling of property of someone who has left his domicile and whose existence is unknown and does not give power to any party to take care of the treasure. However, the provisions in the KUHPerd do not have economic value for related parties if applied in the Capital Market industry. One of the things that takes precedence in handling …


Potensi Sumber Pembiayaan Alternatif Dalam Pembangunan Bandar Antariksa Indonesia, Yanita Thressia Nov 2021

Potensi Sumber Pembiayaan Alternatif Dalam Pembangunan Bandar Antariksa Indonesia, Yanita Thressia

"Dharmasisya” Jurnal Program Magister Hukum FHUI

Indonesia targeted to have fully operational space launch in 2040 to support research and development of satellite launch technology. Biak Island has been chosen as Indonesian’s first space launch after depth research done by National Institute of Aeronautics and Space as implementing agency in space affairs. State budget allocation of LAPAN couldn’t accommodate the space launch establishment cost. Indonesian need to find alternate resource of fund rather use of state budget. Public private partnership became an option of alternative financing that growing in space industries.

Keywords: space launch, public private partnership, infrastructure financing


Peraturan Mahkamah Agung Republik Indonesia Nomor 13 Tahun 2016 Tentang Tata Cara Penanganan Perkara Tindak Pidana Oleh Korporasi; Solusi Sementara Upaya Meminta Pertanggungjawaban Pidana Korporasi, Wahyu Prestianto Nov 2021

Peraturan Mahkamah Agung Republik Indonesia Nomor 13 Tahun 2016 Tentang Tata Cara Penanganan Perkara Tindak Pidana Oleh Korporasi; Solusi Sementara Upaya Meminta Pertanggungjawaban Pidana Korporasi, Wahyu Prestianto

"Dharmasisya” Jurnal Program Magister Hukum FHUI

The desire of the community so that corporations in Indonesia can be held liable today seems to have been granted with the imposition of crimes against several corporations in Indonesia. This was realized with the issuance of the Indonesian Supreme Court Regulation No. 13 of 2016 concerning Procedures for Handling Criminal Acts by Corporations that is said have filled the vacuum of Indonesian criminal procedure law, which had been said to be an inhibiting factor in corporate action by law enforcement officials. It is important to discuss what are the obstacles to the prosecution process of the corporation and whether …


Tinjauan Yuridis Terhadap Pembatalan Perjanjian Perdamaian Yang Telah Dihomologasi Karena Bertentangan Dengan Ketentuan Undang-Undang Nomor 37 Tahun 2004 Tentang Kepailitan Dan Penundaan Kewajiban Pembayaran Utang (Pkpu), Tjokorda Agung Candra Aditya Nov 2021

Tinjauan Yuridis Terhadap Pembatalan Perjanjian Perdamaian Yang Telah Dihomologasi Karena Bertentangan Dengan Ketentuan Undang-Undang Nomor 37 Tahun 2004 Tentang Kepailitan Dan Penundaan Kewajiban Pembayaran Utang (Pkpu), Tjokorda Agung Candra Aditya

"Dharmasisya” Jurnal Program Magister Hukum FHUI

Composition Plan Which Has Been Homologated in the case of Suspension of Obligation For Payment is one of the efforts taken by the debtor to maintain the continuity of its business by proposing a debt payment restructuring process regulated in the composition plan. However, despite the debt composition plan that must be fulfilled by the debtor to its creditors, there are certain clauses that are intentionally included in the Compositon Plan by the debtor which have the potential to create legal loopholes if the debtor may fail to carry out payment obligations in accordance with the Compositon Plan that has …


Implementation Of Human Rights Certification As A Request For Human Rights Protection To Workers In The Fishery Industry, Tito Pramudita Nov 2021

Implementation Of Human Rights Certification As A Request For Human Rights Protection To Workers In The Fishery Industry, Tito Pramudita

"Dharmasisya” Jurnal Program Magister Hukum FHUI

The responsibility of the state is one of the important keys in the life of the state, one of which is in labor matters. In its implementation there are several records of violations of human rights in the Indonesian Sea, namely Trafficking in Persons, Forced / Slavery Labor, Child Labor, Overtime and the absence of health insurance. Research Objectives To analyze regulations in Indonesia regulating the protection of human rights for workers in the fishing industry in Indonesia and Fisheries Human Rights Certification contained in the Minister of Maritime Affairs and Fisheries Regulation No. 35 of 2015 has effectively provided …


Analisa Penerapan Kesehatan Dan Keselamatan Kerja Di Hotel X, Thomas Istriarto Nov 2021

Analisa Penerapan Kesehatan Dan Keselamatan Kerja Di Hotel X, Thomas Istriarto

"Dharmasisya” Jurnal Program Magister Hukum FHUI

In the progress of the tourism industry, hotels play an important role in serving tourists visiting tourist destinations. Determination of hotel bookings that depend on reviews makes many management in hotels continue to strive to apply the principles of occupational health and safety. Due to the frequent occurrence of minor work accidents, management and workers do not realize that this is part of the work accident so that the concept of culture of discipline is not formed on the workers, if they do not carry out work health and safety. This is due to the absence of strict supervision to …


Permasalahan Pelaksanaan Klausula Arbitrase Dalam Upaya Menyelesaikan Sengketa Perjanjian Pilihan Forum, Tetty Diansari Nov 2021

Permasalahan Pelaksanaan Klausula Arbitrase Dalam Upaya Menyelesaikan Sengketa Perjanjian Pilihan Forum, Tetty Diansari

"Dharmasisya” Jurnal Program Magister Hukum FHUI

In this developing era. a commerce matter is getting complex, a need to interact in commercial and business activity’ have arise a connection which open wide possibility of dispute. According to possibility of dispute, nowadays a trial was less interested far business man because many reasons, especially efficiency and profesionality. A Forum that more interested for many business man was Arbitration. Nevertheless, there are still dispute from agreement with Arbitration clause been claim in state trial, and state trial accept the claim, furthermore there’s an Arbitration adjustment requestes to be void in state court. Provided that, we need to review …


Pelaksanaan Hak Prerogatif Presiden, Teguh Satrio Prakoso Nov 2021

Pelaksanaan Hak Prerogatif Presiden, Teguh Satrio Prakoso

"Dharmasisya” Jurnal Program Magister Hukum FHUI

Indonesia has more than 12 years enjoyed the struggle that transformed an authoritarian government into an open government. After 12 years of reform, the government or government officials are no exception the President can be corrected and criticized by anyone. Public demands that government always be monitored also play a role in strengthening the legislative function in Indonesia to strengthen oversight of the executive (government), on the pretext that the legislative organ (DPR) is a representation of the Indonesian people. The people want the administration to be carried out effectively, efficiently, tranparently, accountably, and responsibly. Tranparent means that all policies …


Implementasi Hak Cipta Sebagai Jaminan Pemberian Kredit Bank Dikaitkan Dengan Prinsip 5c (Character, Capacity, Capital, Collateral, Condition Of Economy), Tantowi Akbar Nov 2021

Implementasi Hak Cipta Sebagai Jaminan Pemberian Kredit Bank Dikaitkan Dengan Prinsip 5c (Character, Capacity, Capital, Collateral, Condition Of Economy), Tantowi Akbar

"Dharmasisya” Jurnal Program Magister Hukum FHUI

Banking institutions in Indonesia have the main function as collector and distributor of public funds as outlined in Article 3 of Banking Law Number 10 of 1998. In loans provided, banks are required to use the precautionary principle, known as the 5C Principle (Character, Capacity, Capital, Guarantee, and Condition of Economy). One form of collateral known in Indonesia is fiduciary collateral that can be encumbered for both movable and immovable objects either tangible or intangible that can not be encumbered for a Mortgage according to Article 1 number 2 of Fiduciary Guarantees Law Number 42 of 1999. Copyright is one …


Problematika Kenaikan Bantuan Keuangan Partai Politik Yang Bersumber Dari Anggaran Pendapatan Dan Belanja Negara (Apbn), Suci Monawati Sukma Nov 2021

Problematika Kenaikan Bantuan Keuangan Partai Politik Yang Bersumber Dari Anggaran Pendapatan Dan Belanja Negara (Apbn), Suci Monawati Sukma

"Dharmasisya” Jurnal Program Magister Hukum FHUI

The formation of political parties comes from citizens who voluntarily have the same will and ideals to fight for the interests of the state, society, nation and state, this is the beginning why political parties deserve to be funded by the APBN, because basically political parties consist of citizen too. Then formed and enacted Law Number 2 of 2011 on Basic Regulation of Political Parties and Government Regulation Number 1 of 2018 on Basic Regulation of Political Party Assistance, the financial assistance of political parties sourced from the APBN was raised to Rp. 1.000,00/votes. The increase in political party funds …


Perlindungan Hukum Terhadap Perawat Yang Terkena Penyakit Akibat Kerja Berdasarkan Peraturan Perundang-Undangan Yang Berlaku Di Indonesia, Siti Non Dwi Zulaeha Nov 2021

Perlindungan Hukum Terhadap Perawat Yang Terkena Penyakit Akibat Kerja Berdasarkan Peraturan Perundang-Undangan Yang Berlaku Di Indonesia, Siti Non Dwi Zulaeha

"Dharmasisya” Jurnal Program Magister Hukum FHUI

Occupational safety and health are the most important part of providing protection for workers. With the rapid development of technology raises the potential to threaten occupational safety and health. One example is the Hospital industry. At present the Hospital has been supported by sophisticated and modern tools to support the health services provided to patients. Hospital is a health service industry / workplace that has a high risk to the safety and health of hospital human resources such as patients, visitors, and the hospital environment. In this case the hospital human resources, one of them is Nurse. Nurses are health …


Permasalahan Mengenai Pembiayaan Dan Nasionalitas Pesawat Udara: Studi Kasus Blue Sky V. Mahan Air, Sinatrya S. Primandhana Nov 2021

Permasalahan Mengenai Pembiayaan Dan Nasionalitas Pesawat Udara: Studi Kasus Blue Sky V. Mahan Air, Sinatrya S. Primandhana

"Dharmasisya” Jurnal Program Magister Hukum FHUI

With the development of technology and the widespread of low cost carrier, air travel now become more accessible to the middle-class society. This Phenomenon lead to the need for Airline Company to strengthen their aircraft armada in order to compete with other airline company. However, with the price of aircraft being astronomically high, it is impossible for Airline Company to procure an aircraft with cash payment or conventional financing scheme. Therefore, the mechanism of aircraft financing become the most common methods of aircraft procurement used by Airline Companies in order to increase their aircraft quantity. Unfortunately, the complicated process of …


Perlindungan Dana Float Berdasarkan Peraturan Bank Indonesia Tentang Uang Elektronik Untuk Memitigasi Risiko Insolvency Penerbit Uang Elektronik, Rizky Kartika Sari Nov 2021

Perlindungan Dana Float Berdasarkan Peraturan Bank Indonesia Tentang Uang Elektronik Untuk Memitigasi Risiko Insolvency Penerbit Uang Elektronik, Rizky Kartika Sari

"Dharmasisya” Jurnal Program Magister Hukum FHUI

Bank Indonesia regulations governing all aspects related to float funds are basically carried out in the framework of carrying out the task of regulating and maintaining a smooth payment system. Float funds must be guaranteed security in terms of liquidity risk, credit risk, legal risk, and operational risk. A strict and comprehensive arrangement regarding float funds is based on the consideration that electronic money issuers should always manage float funds safely and govern so that can minimize liquidity risk considering that basically electronic money issuers are exposed to liquidity risk and insolvency risk. However, at present, there is no regulation …