REGULATORY CHALLENGES IN DIGITAL FOREIGN INVESTMENT THROUGH SECURITIES CROWDFUNDING IN INDONESIA

Abstract

In the securities crowdfunding scheme for digital investors, there are legal issues that become research problems, namely the extent to which regulatory arrangements, implications for protection and risk  management are in Indonesia, so the purpose of this study is to explain the regulation of digital foreign investment through securities crowdfunding and the implications of protection and risk management. The research is structured with a normative legal research framework because it refers to the securities crowdfunding literature. The results of this study are that there are two groups of regulations governing digital foreign investment schemes through SCF in Indonesia and there are differences related to protection and risk management. The conclusion of this study is that the regulation of digital foreign investment through SCF in Indonesia is still limited and not yet comprehensive, so further research is needed to compare regulatory laws in several other countries related to securities crowdfunding.