FUNGSI BANK INDONESIA SEBAGAI LENDER OF THE LAST RESORT DALAM KERANGKA UNDANG-UNDANG REPUBLIK INDONESIA NOMOR 9 TAHUN 2016 TENTANG PENCEGAHAN DAN PENANGANAN KRISIS SISTEM KEUANGAN

Christiani , Theresia Anita FUNGSI BANK INDONESIA SEBAGAI LENDER OF THE LAST RESORT DALAM KERANGKA UNDANG-UNDANG REPUBLIK INDONESIA NOMOR 9 TAHUN 2016 TENTANG PENCEGAHAN DAN PENANGANAN KRISIS SISTEM KEUANGAN. [Research]

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Abstract

The function of the lender of last resort is a core function of a central bank. With the Act PPKSK. This function has an impact on the authority of Bank Indonesia. This type of research is a normative study that uses secondary data. Data analysis used is qualitative data analysis. First result, the position of Bank Indonesia as LoLR after the issuance of the PPKSK Law is Bank Indonesia Bank Indonesia still has the authority in the provision of short-term credit facilities for banks that have liquidity difficulties that require coordination with the Financial Services Authority, but Bank Indonesia does not have the authority to provide facilities Emergency financing with funding being the burden of the government. The second juridical constraint faced by Bank Indonesia with the position as Lender Of The Last Resort after the birth of Law No. 9 of 2016 is that on the one hand the decision of liquidity lending that demands the speed of decision making while the other side of coordination between OJK and Bank Indonesia is required and in decision making this. Third.An effort that can be done in facing the obstacle of juridical constraint in order to achieve the Legal Objectives is the making of regulation about coordination between OJK and Bank Indonesia

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