Varia Justicia
Vol 16 No 1 (2020): Vol 16 No 1 (2020)

A SHIFT IN THE PRINCIPLE OF BANK SECRECY DUE TO ADVANCEMENT IN INFORMATION TECHNOLOGY

Riswandi, Budi Agus (Unknown)

Article Info

Publish Date
29 Apr 2020

Abstract

Bank secrecy is a conditional legal agreement used by a bank to guarantee the confidentiality of customers' dealing and financial affairs. However, the advancement in information technology, especially in the implementation of electronic systems and transactions across banks, has introduced tremendous changes in the ability of financial institutions to efficiently secure customers? data. This study provides a detailed explanation of the transformation process using the normative method. The result showed a shift in the principle of bank secrecy to data security in the event of a violation.

Copyrights © 2020




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Journal Info
Varia Justicia
Website

Abbrev

variajusticia

Publisher

Universitas Muhammadiyah Magelang

Subject

Law, Crime, Criminology & Criminal Justice

Description

Varia Justicia (ISSN 2579-5198) is a peer-reviewed Journal of Legal Studies developed by the Faculty of Law, Universitas Muhammadiyah Magelang. This journal publishes biannually (March and October). The scopes of Varia Justicia, but not limited to, are: Constitutional Law, Criminal Law, Civil Law, ...