BRIDGING AND NAVIGATING THE SUSTAINABLE FINANCIAL SECTOR: STRATEGIC ROLE OF FINANCIAL SECTOR LEGAL CONSULTANT
DOI:
https://doi.org/10.25170/paradigma.v10i2.7146Keywords:
Strategic Role, Legal Consultant, Sustainable Financial Sector, Agile and ResponsiveAbstract
There has been significant structural and regulatory transformation in the financial
services sector in the last decade. The need to integrate sustainable financial sector,
digitalization, and consumer protection places financial sector legal consultant in a
strategic position that cannot be underestimated. Their function is not only as legal
advisors, but also as compliance enablers, risk analysts, and strategic partners in the legal
aspects of the business. The metamorphosis from a capital market legal consultant to a
financial sector legal consultant brings profound consequences to the expansion of skill
scope, adjustment of competencies, as well as increased ethical and professional
responsibilities. This paper raises two issues of how can financial sector legal consultants
bridge and navigate in a sustainable financial sector and how to optimize the strategic role
of financial sector legal consultants? The research method of this paper is normative
juridical, which examines the applicable provisions relating to the roles and
responsibilities of financial sector legal consultants, mastery and sharpening of
competencies that must be possessed. The data obtained from the research is analyzed
qualitatively. The research results show that optimizing the strategic role of financial
sector legal consultants is carried out with an agile and adaptive attitude to all dynamic
changes in the financial services sector, responsive to client needs manifested in the
ability to bridge all stakeholders in the financial services sector ecosystem. Financial
sector legal consultants can provide proper navigation in the dynamic financial sector,
especially in corporate activities and business transactions with a deep and thorough
understanding of the ever-changing regulations, compliance with professional ethics, and
always open to global trends and digital transformation.
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