Legal Protection for Consumers and Organizers in Organizing Non-Bank International Money Transfers (Cross Border Remittance)

Formosa Journal of Sustainable Research Pub Date : 2024-05-02 DOI:10.55927/fjsr.v3i4.8960

Ade Rizki Saputra, Mira Gunati, Ryan Faisal, Hadi Purnomo, Universitas Laglangbuana Bandung, Remitansi Regulasi Pengawasan, Non-Bank Internasional, Perlindungan Konsumen, Lembaga Pemerintah, Inovasi Kepatuhan, Teknologi

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Abstract

This research investigates the regulatory and supervisory system for non-bank international remittance service providers within the applicable legal framework. Through a descriptive-analytical approach, this research explores legal protection mechanisms for consumers and the role of government institutions in ensuring compliance and protection of consumer interests and market stability. Data was collected through analysis of regulatory documents, literature, and interviews with experts in the financial industry. The research findings highlight challenges in implementing regulations, a lack of consumer awareness, and the need for technological innovation to strengthen monitoring and reporting of financial transactions. Recommendations include strengthening international cooperation, consumer education, strengthening compliance and law enforcement, technological innovation, and collaboration with industry

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组织非银行国际汇款（跨境汇款）时对消费者和组织者的法律保护

本研究调查了在适用法律框架内对非银行国际汇款服务提供商的监管和监督制度。通过描述-分析方法，本研究探讨了对消费者的法律保护机制，以及政府机构在确保合规、保护消费者利益和市场稳定方面的作用。数据是通过分析监管文件、文献以及与金融业专家的访谈收集的。研究结果凸显了在执行法规方面的挑战、消费者意识的缺乏，以及加强金融交易监测和报告的技术创新需求。建议包括加强国际合作、消费者教育、加强合规和执法、技术创新以及与行业合作。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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Formosa Journal of Sustainable Research

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