The Existence of Regulatory Sandbox to Encourage the Growth of Financial Technology in Indonesia

Bank Indonesia created an appropriate regulatory regime to drive the pace of innovation carried out by Financial Technology Providers while still applying the principles of consumer protection, risk management and prudence. One of the efforts made by Bank Indonesia was by issuing provisions concerni...

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Main Authors:	recca ayu hapsari, Maroni Maroni, Indah Satria, Nenni Dwi Ariyani
Format:	Article
Language:	Indonesian
Published:	University of Lampung 2019-10-01
Series:	Fiat Justisia
Online Access:	https://jurnal.fh.unila.ac.id/index.php/fiat/article/view/1739

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spelling	doaj-4764773c1cbc47c1aa1a3750af0652952020-11-25T01:07:49ZindUniversity of LampungFiat Justisia1978-51862477-62382019-10-0113327128810.25041/fiatjustisia.v13no3.17391496The Existence of Regulatory Sandbox to Encourage the Growth of Financial Technology in Indonesiarecca ayu hapsari0Maroni Maroni1Indah SatriaNenni Dwi Ariyani21Law Faculty of Bandar Lampung UniversityLaw Faculty of Lampung UniversityLaw Faculty of Lampung UniversityBank Indonesia created an appropriate regulatory regime to drive the pace of innovation carried out by Financial Technology Providers while still applying the principles of consumer protection, risk management and prudence. One of the efforts made by Bank Indonesia was by issuing provisions concerning a regulatory sandbox for Financial Technology Providers along with their products, services, technology and/or business models in a Board of Governors Member Regulation No 19/14/PADG/2017 on the Limited Technology Testing Room (Regulatory Sandbox) Financial Technology. Meanwhile, the Financial Services Authority also issued regulation regarding the Regulatory Sandbox for Financial Technology Organizers in Financial Services Authority Regulation No. 13 / POJK.02/2018 on the Digital Financial Innovations in the Financial Services Sector. The main point of view to be analysed is the existence of regulatory sandbox approach held by Bank Indonesia and the Financial Services Authority as an effort to encourage the growth of Financial Technology in Indonesia. Keyword: Regulatory Sandbox, Financial Technology, Bank Indonesia, Financial Services Authorityhttps://jurnal.fh.unila.ac.id/index.php/fiat/article/view/1739
collection	DOAJ
language	Indonesian
format	Article
sources	DOAJ
author	recca ayu hapsari Maroni Maroni Indah Satria Nenni Dwi Ariyani
spellingShingle	recca ayu hapsari Maroni Maroni Indah Satria Nenni Dwi Ariyani The Existence of Regulatory Sandbox to Encourage the Growth of Financial Technology in Indonesia Fiat Justisia
author_facet	recca ayu hapsari Maroni Maroni Indah Satria Nenni Dwi Ariyani
author_sort	recca ayu hapsari
title	The Existence of Regulatory Sandbox to Encourage the Growth of Financial Technology in Indonesia
title_short	The Existence of Regulatory Sandbox to Encourage the Growth of Financial Technology in Indonesia
title_full	The Existence of Regulatory Sandbox to Encourage the Growth of Financial Technology in Indonesia
title_fullStr	The Existence of Regulatory Sandbox to Encourage the Growth of Financial Technology in Indonesia
title_full_unstemmed	The Existence of Regulatory Sandbox to Encourage the Growth of Financial Technology in Indonesia
title_sort	existence of regulatory sandbox to encourage the growth of financial technology in indonesia
publisher	University of Lampung
series	Fiat Justisia
issn	1978-5186 2477-6238
publishDate	2019-10-01
description	Bank Indonesia created an appropriate regulatory regime to drive the pace of innovation carried out by Financial Technology Providers while still applying the principles of consumer protection, risk management and prudence. One of the efforts made by Bank Indonesia was by issuing provisions concerning a regulatory sandbox for Financial Technology Providers along with their products, services, technology and/or business models in a Board of Governors Member Regulation No 19/14/PADG/2017 on the Limited Technology Testing Room (Regulatory Sandbox) Financial Technology. Meanwhile, the Financial Services Authority also issued regulation regarding the Regulatory Sandbox for Financial Technology Organizers in Financial Services Authority Regulation No. 13 / POJK.02/2018 on the Digital Financial Innovations in the Financial Services Sector. The main point of view to be analysed is the existence of regulatory sandbox approach held by Bank Indonesia and the Financial Services Authority as an effort to encourage the growth of Financial Technology in Indonesia. Keyword: Regulatory Sandbox, Financial Technology, Bank Indonesia, Financial Services Authority
url	https://jurnal.fh.unila.ac.id/index.php/fiat/article/view/1739
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The Existence of Regulatory Sandbox to Encourage the Growth of Financial Technology in Indonesia

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