A Legal Model for Modern and Sustainable “Merah Putih” Village/Urban-Village Cooperatives: Financing under HIMBARA Plafon (Ministry of Finance Regulation No. 49) An Economic and Cyberlaw Perspective

DOI

10.2991/978-2-38476-531-7_41How to use a DOI?

Keywords

Village Cooperative; Financing Regulation; Cyberlaw

Abstract

This article develops a legal model for modern and sustainable village/urban-village cooperatives, framed around the establishment and operationalization of Koperasi Desa/Kelurahan Merah Putih (KDKMP), with an explicit emphasis on financing mechanisms. The study interrogates how KDKMP financing that relies on HIMBARA plafon as regulated under Ministry of Finance Regulation No. 49 creates new regulatory, governance, and operational dynamics that diverge from the conventional cooperative financing architecture codified in Law No. 25 of 1992 — which foregrounds simpan pokok and simpan wajib (principal and mandatory savings). Employing a mixed legal methodology — doctrinal legal analysis, comparative regulatory review, semi-structured interviews with cooperative managers, HIMBARA bank officers and regulators, and scenario-based financial modeling — the research identifies legal frictions, liquidity and compliance risks, and cyber-legal vulnerabilities tied to digitized financing flows. Key findings indicate that dependence on HIMBARA plafon can enhance access to greater liquidity but raises issues of bank–cooperative contractual frameworks, custody/escrow arrangements, member protection, and data security. The paper proposes an integrated legal model combining: (1) diversified legal instruments for capital (member equity, community bonds, revolving funds); (2) clear regulatory pathways for HIMBARA-cooperative interoperability (including escrow/custody standards and supervisory reporting); (3) digital-first governance and KYC/data-protection rules aligned with cyberlaw principles; and (4) regulatory sandbox mechanisms to pilot fintech partnerships. The proposed model aims to reconcile financial scalability with cooperative principles and member protection, offering normative amendments and practical implementation steps for policymakers, regulators, and cooperative practitioners.

Copyright

© 2025 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Jeferson Kameo
AU  - Teguh Prasetyo
AU  - Dahlan Sinaga
AU  - Yefta Andi Kus Noegroho
AU  - Teguh Wahyono
AU  - Faqi Rawni Arndarnijariah
AU  - Belby Sahyang Binela
AU  - Dian Grace Priscilla Ndruru
PY  - 2026
DA  - 2026/01/03
TI  - A Legal Model for Modern and Sustainable “Merah Putih” Village/Urban-Village Cooperatives: Financing under HIMBARA Plafon (Ministry of Finance Regulation No. 49) An Economic and Cyberlaw Perspective
BT  - Proceedings of the 1st International Forum on Psychology, Law, and Education (IFPLE 2025)
PB  - Atlantis Press
SP  - 381
EP  - 398
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-531-7_41
DO  - 10.2991/978-2-38476-531-7_41
ID  - Kameo2026
ER  -