Proceedings of the 4th Social and Humanities Research Symposium (SoRes 2021)

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Supervision Implementation of the Ministry of Co-operatives and Small Medium Enterprises on High-Interest Investments Conducted to Savings and Loan Co-operatives

Authors
Efik Yusdiansyah, Yeti Sumiyati*, Ghia Riezna Zhadira, Britney Azzahra Wiguna, Meisa Meisa, Raden Nurul Fadlilah Roshadi
Faculty of Law, Universitas Islam Bandung, Bandung, Indonesia
Corresponding Author
Yeti Sumiyati
Available Online 23 April 2022.
DOI
10.2991/assehr.k.220407.033How to use a DOI?
Keywords
implementation; supervision; savings and loan co-operatives
Abstract

A Co-operatives is a non-banking financial institution known as shadow banking, which has the ability to raise funds from the public, with Savings and Loan Co-operatives (KSP) being one of its types. High interest investment is one of the superior products that are often promoted through this type of Co-operatives. Products that later raise problems such as unpaid profits as well as defaults. This study aims to understand the supervisory mechanism carried out by the government on Savings and Loan Co-operatives that carry out programs to raise funds from the community. The normative legal approach is the method used in this paper. Supervision becomes the starting point in an effort to prevent Savings and Loan Co-operatives from marketing high interest investments that can harm the community, especially members. Supervision that can be carried out with due observance of KUK, governance, financial performance, risk profile and capital, education, independence, and solidarity.

Copyright
© 2022 The Authors. Published by Atlantis Press SARL.
Open Access
This is an open access article distributed under the CC BY-NC 4.0 license.

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Volume Title
Proceedings of the 4th Social and Humanities Research Symposium (SoRes 2021)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
23 April 2022
ISBN
978-94-6239-570-1
ISSN
2352-5398
DOI
10.2991/assehr.k.220407.033How to use a DOI?
Copyright
© 2022 The Authors. Published by Atlantis Press SARL.
Open Access
This is an open access article distributed under the CC BY-NC 4.0 license.

Cite this article

risenwbib
TY  - CONF
AU  - Efik Yusdiansyah
AU  - Yeti Sumiyati
AU  - Ghia Riezna Zhadira
AU  - Britney Azzahra Wiguna
AU  - Meisa Meisa
AU  - Raden Nurul Fadlilah Roshadi
PY  - 2022
DA  - 2022/04/23
TI  - Supervision Implementation of the Ministry of Co-operatives and Small Medium Enterprises on High-Interest Investments Conducted to Savings and Loan Co-operatives
BT  - Proceedings of the 4th Social and Humanities Research Symposium (SoRes 2021)
PB  - Atlantis Press
SP  - 171
EP  - 179
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.220407.033
DO  - 10.2991/assehr.k.220407.033
ID  - Yusdiansyah2022
ER  -