REGULATION OF THE POSITION AND RESPONSIBILITY OF NOTARIES REGARDING THE SUPERVISION OF FINANCIAL SERVICES AUTHORITIES IN THE DEVELOPMENT OF THE CAPITAL MARKET INDUSTRY IN INDONESIA

Abstract

This study was conducted to examine and analyze the regulation of the authority, position, duties and responsibilities of a Notary and Supervision of the Financial Services Authority. To review and analyze the implementation of regulations on the authority, position, duties and responsibilities of a Notary Public and Supervision of the Financial Services Authority. To review and analyze efforts to regulate the authority, position, duties and responsibilities of a Notary and Supervision of the Financial Services Authority in the development of the capital market industry in Indonesia. This research is a normative juridical research, namely research that is focused on examining the application of rules or norms in positive law by using a legislative potivist conceptional approach, which views that law is identical to written norms that are made and promulgated by institutions or officials who authorities and views the law as a normative system that is autonomous, closed and detached from people's lives. This study describes the facts and data regarding the duties and responsibilities of one of the supporting institutions, namely the Notary before and after the Limited Liability Company listing in the capital market. The results of the study show that the role of a notary in the capital market is a necessity to serve the investment community in fulfilling the mechanism in the capital market. Notaries are public officials authorized to make authentic deeds and are registered with the Financial Services Authority (OJK).