Vol 17 (2022): November
Corporate Law

Equity Crowdfunding in Indonesia: Complying with Regulations and Legal Consequences for Investors
Equity Crowdfunding di Indonesia: Mematuhi Peraturan dan Konsekuensi Hukum bagi Investor


Hesti Ningrum
Universitas Muhammadiyah Sidoarjo, Indonesia
M Tanzil Multazam
Universitas Muhammadiyah Sidoarjo, Indonesia *

(*) Corresponding Author
Picture in here are illustration from public domain image or provided by the author, as part of their works
Published November 14, 2022
Keywords
  • Equity Crowdfunding,
  • Investment,
  • Investor
How to Cite
Ningrum, H., & Multazam, M. T. (2022). Equity Crowdfunding in Indonesia: Complying with Regulations and Legal Consequences for Investors. Indonesian Journal of Law and Economics Review, 17, 10.21070/ijler.v17i0.766. https://doi.org/10.21070/ijler.v17i0.766

Abstract

This research aims to understand the equity crowdfunding scheme that has been adjusted to the existing regulations and the legal consequences for investors who invest in unregistered equity crowdfunding in Indonesia. Normative research method with the approach of applying the law was used, and primary and secondary legal materials were utilized. The findings show that there is an equity crowdfunding scheme that complies with the applicable regulations. As for the legal consequences, investors who invest in unregistered equity crowdfunding in Indonesia may face legal sanctions. The research contributes to the understanding of equity crowdfunding in Indonesia and provides insights for regulators, investors, and startups/UMKM seeking alternative funding sources.

Highlights:

  1. Equity crowdfunding scheme in Indonesia complying with regulations.
  2. Legal consequences for investors investing in unregistered equity crowdfunding.
  3. Contribution to understanding equity crowdfunding and providing insights for stakeholders.

 

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