| dc.description.abstract | Outsourcing policies are widely adopted in the banking sector to enhance operational
efficiency. This research aimed to analyze the implementation and effectiveness of
Outsourcing regulations in Indonesia following the enactment of the Job Creation Law (Law
No. 11 of 2020), while benchmarking against best practices in countries such as the United
States (Federal Reserve Bank), Trinidad & Tobago (Central Bank), England (Bank of
England), the European Union (European Central Bank), Malaysia (Bank Negara Malaysia),
the United Arab Emirates (Central Bank of the UAE), and Singapore (Monetary Authority of
Singapore). The research focuses on worker protection, risk management, and regulatory
compliance. A qualitative normative legal research method combined document analysis and
international comparisons. The findings revealed that while the Job Creation Law offered
flexibility in Outsourcing practices, challenges remained in worker protection and oversight.
Recommendations included strengthening regulations, improving transparency, and adopting
data-driven risk management to foster a fair and sustainable Outsourcing ecosystem in
Indonesia. | en_US |