EFEKTIFITAS PENGAWASAN OTORITAS JASA KEUANGAN (OJK) BERDASARKAN UNDANG-UNDANG NOMOR 21 TAHUN 2011 TENTANG OTORITAS JASA KEUANGAN

Abstract

The existence of the Financial Services Authority is essentially based on the desire to create a system of national economy is strong and capable of sustained growth, and protect the national interest, society, and the actors in the financial services sector. Law No. 21 of 2011 on the Financial Services Authority, FSA stated that the purpose of the establishment is to ensure that the financial services sector activities held regularly, fair, transparent, and accountable, able to realize a financial system that grow in a sustainable and stable, and able to protect consumers and society. To achieve these objectives, the FSA was given the task to carry out regulatory and supervisory tasks in an integrated financial services sector (Article 6). In carrying out its duties and functions, the FSA is independent and free from interference by other parties with the bases to the principles of good governance, including, independence, accountability, accountability, transparency, and fairness (fairness). To be able to see the effectiveness of supervisory tasks performed FSA can be seen from several things, namely; whether the authorities have the authority to grant and revoke permits/ licenses, whether the authorities have the authority for the regulation and enforcement of sanctions, whether there is legal protection for acts done in good faith.

Keywords: effectiveness monitoring, financial services authority, integrated