Liability of Banking Parties in Internet Banking Facilities

Tri Murti Lubis, Syarifah Lisa Andriati, Faradila Yulistari Sitepu

2018

Abstract

The banking institution is the core of the financial system of each country. The Bank is a financial institution that becomes the place for individual, private business entities, state-owned enterprises, and even governmental institutions to keep the funds they own. Through lending activities and various services provided, the bank serves the financing activities as well as launches a payment system mechanism for all sectors of the economy. Internet banking is a delivery channel in the banking industry, and civic relationships arising from the internet banking. Every provider of an electronic system is required to provide a reliable and secure electronic system and is responsible for the proper operation of electronic systems. The method used in this research is the normative juridical approach. The normative juridical research method is a method that refers to applicable legal norms. In Indonesian laws, there is no specific and clear regulation regarding internet banking. However, the discussion about the need for clear rules governing internet banking issues has been widely reviewed and discussed. In the Act of Electronic Transaction Information (ITE Act), not even a chapter that regulates internet banking. However, there are articles on the transactions using the internet media. The arrangement of internet banking cannot be separated from the Banking Law No. 7 of 1992 and its amendment laws of Law No. 10 of 1998. To minimize the risks in Internet Banking, the Financial Services Authority, having the supervision authority over Indonesian banks as well as banks outside Indonesia, should always update the regulation regarding the implementation of risk management in the banking system and conduct active monitoring on the risk management implementation conducted by banks in Indonesia.

Paper Citation

in Harvard Style

Lubis T., Andriati S. and Sitepu F. (2018). Liability of Banking Parties in Internet Banking Facilities.In Proceedings of the International Conference of Science, Technology, Engineering, Environmental and Ramification Researches - Volume 1: ICOSTEERR, ISBN 978-989-758-449-7, pages 1601-1605. DOI: 10.5220/0010090016011605

in Bibtex Style

@conference{icosteerr18,
author={Tri Murti Lubis and Syarifah Lisa Andriati and Faradila Yulistari Sitepu},
title={Liability of Banking Parties in Internet Banking Facilities},
booktitle={Proceedings of the International Conference of Science, Technology, Engineering, Environmental and Ramification Researches - Volume 1: ICOSTEERR,},
year={2018},
pages={1601-1605},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0010090016011605},
isbn={978-989-758-449-7},
}

in EndNote Style

TY - CONF

JO - Proceedings of the International Conference of Science, Technology, Engineering, Environmental and Ramification Researches - Volume 1: ICOSTEERR,
TI - Liability of Banking Parties in Internet Banking Facilities
SN - 978-989-758-449-7
AU - Lubis T.
AU - Andriati S.
AU - Sitepu F.
PY - 2018
SP - 1601
EP - 1605
DO - 10.5220/0010090016011605