The Criminal Liability of Bank-Affiliated Notaries for the Confidentiality Principle of Banks in Connection with Deposit Collateral Agreements
Abstract
This research focuses on the criminal liability of notaries affiliated with banking institutions for the guarantee binding act in the form of a deposit connected to the principle of bank secrecy in Indonesia. Through the analysis of relevant laws, including Bank Indonesia Regulation No. 2 of 2000, Notary Position Law, and Bank Confidentiality Law, the study aims to answer two research questions: the form of criminal liability of notaries affiliated with banking institutions for the guarantee binding act and the ideal concept of criminal liability. The findings suggest that notaries who breach the principle of bank secrecy can face criminal charges, and the ideal concept of criminal liability should balance the interests of customers and banking institutions while maintaining bank secrecy and customer privacy. The study's implications call for clear guidelines and regulations for notaries' responsibilities in guaranteeing binding acts related to deposits and penalties for notaries who violate the principle of bank secrecy.
References
Abikan, A. I. (2012). The Legal Framework For Islamic Banking In Nigeria. Journal of Islamic Banking & Finance, 29(4), 20-39.
Alexander, K. (2016). The European Central Bank and Banking Supervision: The Regulatory Limits of the Single Supervisory Mechanism. European Company
Financial Law Review, 13(3), 467-494.
Begum, A. (2021). Rebuilding public trust through the lens of corporate culture: an inevitable necessity to sustain business success in Australia. Journal of Money Laundering Control, 25(2), 280-296.
Chang, Y., Wong, S. F., Libaque-Saenz, C. F., & Lee, H. (2018). The role of the privacy policy on consumers’ perceived privacy. Government Information Quarterly, 35(3), 445-459.
Choiriyah, C., Saprida, S., & Sari, E. (2021). Development of Sharia Banking System In Indonesia. Mizan: Journal of Islamic Law, 5(1), 17-28.
Cisneros, M. (2000). HB 2659: notorious notaries-how Arizona is curbing notario fraud in the immigrant community. Ariz. St. LJ, 32(1), 287.
Coman, R. (2014). The normative power of the EU and Contentious Europeanization: The case of judicial politics. Journal of European Integration, 36(6), 533-548.
Ho, K.-C., Ma, J. Z., Yang, L., & Shi, L. (2019). Do anticorruption efforts affect banking system stability? The Journal of International Trade & Economic Development, 28(3), 277-298.
Hossain, M. M. (2020). Separation of Judiciary in Bangladesh Constitutional Mandates and Masdar Hossain Case's Directions: A Post Separation Evaluation. Paper presented at the IJCA.
Iryadi, I., Ansari, T. S., Saputra, J., Afrizal, T., & Thirafi, A. S. (2021). The role of jurisprudence as a form of legal prescriptions: A case study of notaries in Indonesia. WSEAS Transactions on Environment and Development, 17(2), 75-80.
Jefry, A. B., & Hanim, L. (2019). Juridical Studies On Notary Deed Which Can Be Canceled And Void By The Law And Responsibilities Of Notary According To Law. Jurnal Akta, 6(3), 433-444.
Johan, S. (2022). Will Data Protection Act Change the Use of Data in Indonesian Financial Services? : Lambung Mangkurat University.
Lee, D. (2014). Mercer Law Review Vol. 065 Issue 04-060 pg. 1167-Confirming the Enforceability of the Guaranty Agreement after Non-Judicial Foreclosure in Georgia. Korean Journal of Comparative Law, 42(2), 127-150.
McLeod, R. H. (1992). Indonesia's new banking law. Bulletin of Indonesian Economic Studies, 28(3), 107-122.
Mufasirin, A., & Witasari, A. (2022). The Legal Implications on Cancellation of Notaries which can be Canceled by Law. Sultan Agung Notary Law Review, 3(4), 1472-1480.
Muri, D. P. D., Prayogo, G., & Arif, F. (2018). The rights and obligations of notaries according to Indonesian law concerning notary position. International Journal of Mechanical Engineering and Technology, 9(8), 875-881.
Nielsen, L. B., Nelson, R. L., & Lancaster, R. (2010). Individual justice or collective legal mobilization? Employment discrimination litigation in the post-civil rights United States. Journal of Empirical Legal Studies, 7(2), 175-201.
Notary Law. (2014). Law Number 2 of 2014 on Notary Position. , 3 C.F.R. (2014).
Sasson, L. (2021). Effective Bank Secrecy Act Quality Control in Financial Services. (Master). Utica College,
Smith, K. T., Jones, A., Johnson, L., & Smith, L. M. (2019). Examination of cybercrime and its effects on corporate stock value. Journal of Information, Communication and Ethics in Society, 17(1), 42-60.
Sujono, I. (2022). A Power Of Attorney Legality For Indonesian Citizens From Overseas To Proceed In Indonesian Courts Imam Sujono1. Jurnal Hukum Magnum Opus, 5(2). doi: https://doi.org/10.30996/jhmo.v5i2.6407
Teichmann, F. M. J., & Wittmann, C. (2022). Challenges resulting from hawala banking for anti-money laundering and anti-terrorist financing policies of Swiss banks. Journal of Money Laundering Control, 76(3), 1-22.
Law Number 2 of 2014 on Notary Position, 2 C.F.R. (2014).
Victoria, O. A., Ariyana, A. R., & Arifani, D. (2020). Code of Ethics and Position of Notary in Indonesia. Sultan Agung Notary Law Review, 2(4), 397-407.
Wang, V., Nnaji, H., & Jung, J. (2020). Internet banking in Nigeria: Cyber security breaches, practices and capability. International Journal of Law, Crime Justice, 84(3), 100-115.
Wijayanto, I., Sasami, I., Nugroho, R., & Suharto, D. (2018). 34. Conflict resolution of online transportation vs conventional transportation. Paper presented at the 5th International Conference on Social and Political Sciences (IcoSaPS 2018).
Yuanitasari, D. (2017). The role of a public notary in providing legal protection on standard contracts for Indonesian consumers. Sriwijaya Law Review, 1(2), 179-189.
Copyright (c) 2023 International Journal of Science and Society
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
.png)
.jpg)
.png)
.png)
.png)
.png)
1.png)
.jpg)
-modified.png)
-modified.png)
-modified.png)
