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     2026:5/3

International Journal of Judicial Law

ISSN: (Print) | 2583-6536 (Online) | Impact Factor: 8.09 | Open Access

The criticalness of electronic know your client (E-KYC): how electronic client ID attempts to forestall illegal tax avoidance in the Fintech business

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Abstract

The improvement of the Monetary Innovation (FinTech) Industry in Indonesia is exceptionally fast. Monetary Innovation (FinTech) can commonly be characterized as an industry that joins innovation and monetary elements as its plan of action. One of the benefits FinTech business is the speed and comfort for gatherings to manage exchanges. The speed and straightforwardness of exchanges in the FinTech business are because of the utilization of innovation in the monetary administrations rovided. Besides, the FinTech business works with gatherings to direct non-eye to eye exchanges. The benefits presented by the FinTech business raise worries that this business could be utilized by crooks to carry out illegal tax avoidance violations. This examination attempts to see the fundamental job of utilizing Know Your Client (KYC) client standards which are done electronically to be material in keeping FinTech organizations from being utilized for of carrying out illegal tax avoidance wrongdoings.

 

How to Cite This Article

Ahmad Arief (2022).

The criticalness of electronic know your client (E-KYC): how electronic client ID attempts to forestall illegal tax avoidance in the Fintech business

. International Journal of Judicial Law (IJJL), 1(2), .

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