• Kristianus Jimy Pratama Law Faculty, Gadjah Mada University
Keywords: Digital Foreign Investment, Foreign Investor, Securities Crowdfunding


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.

Author Biography

Kristianus Jimy Pratama, Law Faculty, Gadjah Mada University

Kristianus Jimy Pratama, S.H., M.H., completed his undergraduate education at the Law Study Program, Faculty of Law, Sriwijaya University and postgraduate education at the Masters Program in Business and Constitutional Law, Faculty of Law, Gadjah Mada University. The author is currently active as a researcher at Center for Law, Technology, RegTech & LegalTech Studies Univesitas Gadjah Mada. The author has independent research articles, including those entitled “Konsepsi Reformulasi Hierarki PUU di Indonesia” in Jurnal Arena Hukum (Vol.15 No.2, Agustus 2022) and “Kepastian Hukum Atas Konsep Kepentingan Umum Dalam Tahapan Perolehan Tanah Oleh Otorita Ibu Kota Nusantara” in Jurnal Pertanahan (Vol.12 No.1, Juli 2022). The author’s research focus is the field of business law. The author can be contacted via email: