Whistle Blowing System in Banking as a Social Control Tool in Banking Crime Prevention Efforts

Abstract

This study aims to help socially in the effort to prevent crime in the banking sector. Bank Indonesia implements a violation reporting system through the Bank Indonesia Whistle Blowing System (WBS). The Whistle-Blowing System (WBS) is a reporting tool for internal circles within Bank Indonesia in particular, and the public in general to report any behavior or actions that violate the Code of Ethics carried out by Bank Indonesia personnel and banking personnel as a whole. This study uses a qualitative descriptive method, with a socio-cultural approach, juridical and observation to obtain valid data. Likewise, interviews and FGDs were conducted with government representatives, in this case from OJK, practitioners, academics related to banking. The result is that the existence of WBS can help uncover a violation, a crime, although it still needs more intense socialization, and the need for protection for whistleblowers, at least from internal banking circles. However, practitioners stated that it is less effective because the main factor of our culture is that there is still a sense of reluctance to report friends, especially leaders. If the legal protection is adequate, then the WBS as a social control against banking violations/crimes will be more effective to minimize the prevention of banking violations/crimes can be minimized.