Investment apps have become an important part of the investment culture throughout the world and have helped democratize investment opportunities for many people. The utilization of investment apps ...in Indonesia has opened many doors for Indonesians to invest their wealth and obtain many different kinds of assets, posing cybersecurity risks that threaten the interests of their users. This study aims to analyze and provide literature for possible future legislation that affects the utilization of investment apps. Using the normative legal research method, this study analyzes the intersection of investment law and consumer protection law in Indonesia in the context of the utilization of investment apps. Through the statutory approach, this study finds that the normative restrictions within the respective laws make it difficult to properly define legal liability for many kinds of problems that can arise from cybersecurity risks in the context of the utilization of investment apps. The findings of this article serve as a contribution to the constantly expanding literature for Indonesian legal development, specifically on the quest to adapt to the changes brought about by the latest technologies.Aplikasi investasi telah menjadi bagian penting dari budaya investasi di seluruh dunia dan telah membantu mendemokratisasi peluang investasi bagi banyak orang. Penggunaan aplikasi investasi di Indonesia telah membuka banyak pintu bagi masyarakat Indonesia untuk menginvestasikan kekayaan mereka dan mendapatkan berbagai jenis aset, yang menimbulkan risiko keamanan siber yang mengancam kepentingan penggunanya. Penelitian ini bertujuan untuk menganalisis dan menyediakan literatur untuk kemungkinan legislasi di masa depan yang mempengaruhi pemanfaatan aplikasi investasi. Dengan menggunakan metode penelitian hukum normatif, penelitian ini menganalisis persinggungan antara hukum investasi dan hukum perlindungan konsumen di Indonesia dalam konteks pemanfaatan aplikasi investasi. Melalui pendekatan perundang-undangan, penelitian ini menemukan bahwa pembatasan normatif dalam masing-masing undang-undang menyulitkan untuk mendefinisikan pertanggungjawaban hukum secara tepat untuk berbagai jenis masalah yang dapat timbul dari risiko keamanan siber dalam konteks penggunaan aplikasi investasi. Temuan dari artikel ini berfungsi sebagai kontribusi terhadap literatur yang terus berkembang untuk pengembangan hukum di Indonesia, khususnya dalam upaya untuk beradaptasi dengan perubahan yang dibawa oleh teknologi terbaru.
Information and communication technology advancements has spawned numerous innovations, including cryptocurrency. Cryptocurrency is a currency that only exists in Indonesia as a digital asset. The ...volatile and uncontrollable value of cryptocurrencies causes investors to suffer losses. This study aims to determine the legal protection of cryptocurrency investors in Indonesia under Consumer Protection Law. This study employs a descriptive qualitative methodology with a normative approach through legislation. According to the findings of this study, The Consumer Protection Act provides legal protection for cryptocurrency investors by regulating the rights and responsibilities of consumers and business actors.
Nearly all major global financial centres have developed systems of consumer financial dispute resolution. Such systems aim to assist parties to resolve a growing number of monetary disputes with ...financial institutions. How governments and self-regulatory organizations design and administer financial dispute resolution mechanisms in the context of increasingly turbulent financial markets is a new area for research and practice. Consumer Financial Dispute Resolution in a Comparative Context presents comparative research about the development and design of these mechanisms in East Asia, North America and Europe. Using a comparative methodology and drawing on empirical findings from a multi-jurisdictional survey, Shahla Ali examines the emergence of global principles that influence the design of financial dispute resolution models, considers the structural variations between the ombuds and arbitration systems and offers practical proposals for reform.
Real estate agents are bound to grant consumers a right of cancellation when concluding an online brokerage contract. Consumers thereby can release themselves from the obligation to pay commission in ...individual cases, even if they conclude the purchase contract. Against this background, the doctorate deals with numerous useful problems and, as a result, advocates a shift away from the obligation to provide information about the right of cancellation when concluding the online brokerage contract.
Legislation pertaining to consumer rights is required since consumers continue to face disadvantages in the fields of commerce, education, and negotiation. The adoption of Law No. 8 of 1999 protects ...consumers, which is a wise decision. National development theories serve as the foundation for this government-community partnership. This study looks at how Customer Protection Law No. 8 of 1999 handles the duties and rights of consumers in the food business. Legal normative research is being done here. The information was supplied by the Consumer Protection Law No. 8 of 1999 and the Food and Medicine Administration Safety and Modernization Law No. 18 of 2012. This study demonstrates that distributors of food and drink in Indonesia will have legal guarantees and protection. Maintain good standards for food and drink. To help customers make purchasing decisions, producers and distributors must clearly label all items that are offered. This rule aids purchasers in making informed decisions. Although the producer provided the information that consumers needed, some of them chose not to read it. Given that certain manufacturers may still fail to pay attention to product information, the Consumer Protection Law No. 8 of 1999 can still be necessary. Customers should be more watchful while purchasing, and producers should be more knowledgeable about product details.
Este trabajo busca analizar las denominadas mediaciones individuales y colectivas como mecanismos alternativos de resolución de conflictos operados por el Servicio Nacional del Consumidor (SERNAC). ...Para ello, se revisa y comenta el texto de la Ley 19.496 (Ley de Protección de los Derechos de los Consumidores), antes y después de su última modificación, con una técnica de contraste. El estudio de la normativa y sus cambios concluye que las “mediaciones” individuales y colectivas no son, en rigor, mediaciones, sino procedimientos que representan un esfuerzo legislativo encaminado a establecer pautas de regulación para ese tipo de Alternative Dispute Resolution (ADR).
Understand the CCPA (California Consumer Privacy Act) and how to implement strategies to comply with this privacy regulation.
Established in June 2018, the CCPA was created to remedy the lack of ...comprehensive privacy regulation in the state of California. When it comes into effect on January 1, 2020, the CCPA will give California residents the right to:
Learn what personal data a business has collected about them
Understand who this data has been disclosed to
Find out whether their personal data has been sold to third parties, and who these third parties are
Opt out of such data transactions, or request that the data be deleted.
Many organizations that do business in the state of California must align to the provisions of the CCPA. Much like the EU's GDPR (General Data Protection Regulation), businesses that fail to comply with the CCPA will face economic penalties.
Prepare your business for CCPA compliance with our implementation guide that:
Provides the reader with a comprehensive understanding of the legislation by explaining key terms
Explains how a business can implement strategies to comply with the CCPA
Discusses potential developments of the CCPA to further aid compliance
Your guide to understanding the CCPA and how you can implement a strategy to comply with this legislation - buy this book today to get the guidance you need!
About the author
Preston Bukaty is an attorney and consultant. He specializes in data privacy GRC projects, from data inventory audits to gap analyses, contract management, and remediation planning. His compliance background and experience operationalizing compliance in a variety of industries give him a strong understanding of the legal issues presented by international regulatory frameworks. Having conducted more than 3,000 data mapping audits, he also understands the practical realities of project management in operationalizing compliance initiatives.
Preston's legal experience and enthusiasm for technology make him uniquely suited to understanding the business impact of privacy regulations such as the General Data Protection Regulation ( GDPR ) and the California Consumer Privacy Act ( CCPA ) . He has advised more than 250 organizations engaged in businesses as varied as SaaS platforms, mobile geolocation applications, GNSS/telematics tools, financial institutions, fleet management software, architectural/engineering design systems, and web hosting. He also teaches certification courses on GDPR compliance and ISO 27001 implementation, and writes on data privacy law topics.
Preston lives in Denver, Colorado. Prior to working as a data privacy consultant, he worked for an international GPS software company, advising business areas on compliance issues across 140 countries. Preston holds a juris doctorate from the University of Kansas School of Law, along with a basketball signed by Hall of Fame coach Bill Self.
European legal protection of consumer autonomy has been significantly changed in the digital environment, where algorithm-driven systems perform everything. This book focuses on protecting consumer ...autonomy facing the pervasive and global phenomenon of dark patterns: the expression includes various tactics that manipulate consumers by altering online choice architecture to thwart user preferences for objectionable ends. Overloading, skipping, stirring, hindering, and flicking are examples. Moving from the perspective that the sole traditional information approach is ineffective in protecting autonomy, the adopted methodology considers the multiple concerns revolving around the tight combination of transparent information and fair digital architectural design. Consequently, the comparative study of the new suitable regulatory directions arises across different legal fields, including data protection, consumer, and competition law. The relationship between deceptive designs, the nature of human-digital architecture interaction, and the techno-legal paradigms emphasises which future changes in European private law could integrate legal rules into fair designs to protect digital consumer autonomy effectively. Specific importance will be attributed to the functionality of comparative methodology to include non-legal essential insights (e.g. behavioural, informatic elements) into pragmatic and global regulatory paths and models.
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