• Latest
  • Trending
  • All
  • Industry
  • Compliance
  • Global Trade
  • Industry
  • Sustainability & Ethics
  • Video
  • Security & Risk
Indonesia Bolsters Measures to Combat Money Laundering

Indonesia Bolsters Measures to Combat Money Laundering

04/18/2024
Goenvi Technologies Accelerates Global Push in Carbon Removal and Circular Economy Solutions

Goenvi Technologies Accelerates Global Push in Carbon Removal and Circular Economy Solutions

10/21/2025
Trump Hints at Possible Tariff Reductions if China Offers New Trade Concessions

Trump Hints at Possible Tariff Reductions if China Offers New Trade Concessions

10/20/2025
U.S. Tariff Threat on Foreign Films Raises Concerns in the U.K. Industry

U.S. Tariff Threat on Foreign Films Raises Concerns in the U.K. Industry

10/20/2025
U.S. Moves to Cut Aid and Impose Tariffs on Colombia

U.S. Moves to Cut Aid and Impose Tariffs on Colombia

10/20/2025
Rising Tariffs Brew Challenges for U.S. Coffee Industry

Rising Tariffs Brew Challenges for U.S. Coffee Industry

10/20/2025
Tariffs Drive Up Costs and Shortages for U.S. Consumers

Tariffs Drive Up Costs and Shortages for U.S. Consumers

10/20/2025
International Trade Council and Future Farming Consortium Sign MOU to Accelerate Global Agri-Innovation

International Trade Council and Future Farming Consortium Sign MOU to Accelerate Global Agri-Innovation

10/16/2025
Trump Poised for Historic First with Possible Attendance at Supreme Court Tariff Hearing

Trump Poised for Historic First with Possible Attendance at Supreme Court Tariff Hearing

10/16/2025
Trump Considers Attending Supreme Court Hearing on Tariff Authority Case

Trump Considers Attending Supreme Court Hearing on Tariff Authority Case

10/16/2025
International Logistics Express, Inc. Nominated for the Go Global Awards 2025

International Logistics Express, Inc. Nominated for the Go Global Awards 2025

10/16/2025
Trump Confirms Ongoing US-China Trade Tensions Amid Possible Tariff Pause Extension

Trump Confirms Ongoing US-China Trade Tensions Amid Possible Tariff Pause Extension

10/16/2025
Shein Cautions Over US Tariff Policy Uncertainty Following Profit Decline

Shein Cautions Over US Tariff Policy Uncertainty Following Profit Decline

10/16/2025
supplychainreport
Tuesday, October 21, 2025
  • Home
  • Industry
    • Supply Chain
    • Logistics & Transportation
    • Importing & Exporting
    • Manufacturing
    • Warehousing & Distribution
  • Compliance
    • Supply Chain Transparency
    • Anti-Money Laundering (AML)
    • Know Your Customer (KYC)
    • Risk Management
    • Export Controls
    • Sanctions
  • Global Trade
    • Market Trends
    • Economic Indicators
    • Sourcing
    • Trade Policies
    • International Relations
    • Trade Agreements
    • Tariffs & Duties
    • Import/Export Statistics
  • Luxury Goods
  • Industry
    • Blockchain in Supply Chain
    • Importing & Exporting
    • Automation & Robotics
    • Artificial Intelligence in Trade
    • Data & Analytics
  • Sustainability & Ethics
    • Green Supply Chains
    • Sustainable Logistics
    • Ethical Sourcing
    • Corporate Social Responsibility
    • Environmental Policies
  • Security & Risk
    • Cybersecurity in Trade
    • Fraud & Scams
    • Risk Mitigation
    • Security Protocols
    • Data Protection
  • ITC News
    • ITC Featured Members
    • ITC Business Councils Highlights
  • Events
    • Upcoming Conferences
    • Upcoming FREE Educational Webinars
No Result
View All Result
supplychainreport
No Result
View All Result

Indonesia Bolsters Measures to Combat Money Laundering

by Daisy Mae D.
04/18/2024
in Anti-Money Laundering (AML), Compliance

In a recent address, Indonesian President Joko Widodo underscored the importance of fortifying the nation’s defenses against the pervasive threat of money laundering. On April 17, President Widodo directed the Financial Transaction Reports and Analysis Center (PPATK) and relevant ministries to remain vigilant against evolving techniques utilized by criminals to launder illicit funds, including those exploiting the burgeoning cryptocurrency market.

Highlighting the rapid advancements in technology and their impact on financial crimes, President Widodo emphasized the necessity for Indonesia to stay ahead of the curve in countering these nefarious activities. The President stressed the critical importance of monitoring cryptocurrency assets, non-fungible tokens (NFTs), market activities, electronic money, and artificial intelligence to thwart attempts at money laundering through innovative means.

YOU MAY ALSO LIKE

Swiss Security Solutions LLC Nominated for the Go Global Awards 2025

RightVantage Exim Launches Free Tariff Analysis Tool

Recent reports have underscored the scale of the challenge, with the total value of assets laundered through global cryptocurrency markets soaring to $8.6 billion USD in 2022 alone. Against this backdrop, President Widodo urged relevant ministries and agencies to bolster international cooperation, enhance regulatory frameworks, ensure transparent and impartial law enforcement, and leverage technological advancements to combat financial crimes effectively.

The fight against money laundering is a multifaceted endeavor that requires concerted efforts on various fronts. President Widodo reiterated the government’s commitment to intensifying efforts to combat money laundering, recognizing the need for a comprehensive approach that combines regulatory oversight, law enforcement initiatives, and technological innovations.

In recent years, Indonesia has made significant strides in strengthening its anti-money laundering measures, including enacting legislation, enhancing regulatory supervision, and fostering international cooperation. However, the evolving nature of financial crimes necessitates continuous adaptation and vigilance to stay one step ahead of illicit actors.

As part of its broader strategy to safeguard the integrity of the financial system, Indonesia remains steadfast in its commitment to combatting money laundering and related offenses. By bolstering measures to detect, deter, and disrupt illicit financial activities, Indonesia aims to preserve the integrity and stability of its financial sector and uphold the rule of law.

In conclusion, President Widodo’s call to action underscores the gravity of the threat posed by money laundering and the imperative for proactive measures to counter it. With concerted efforts and sustained commitment, Indonesia aims to fortify its defenses against financial crimes and safeguard its financial system for the benefit of its citizens and the broader global community.

Get top supply chain report news on The Supply Chain Report. For international trade insights and tools, visit ADAMftd.com.

#IndonesiaAntiMoneyLaundering#CombatMoneyLaunderingIndonesia#AntiMoneyLaunderingEfforts#IndonesiaFinancialSecurity#MoneyLaunderingPrevention

ShareTweet

Subscribe Our Newsletter

Share Your News

Whether it’s a groundbreaking achievement, a heartwarming tale, or an insightful perspective, we want to hear it. Share your news with us, and let’s amplify your voice in the digital symphony of stories.

Submit

A man is riding a bike on a hill.

The Supply Chain Report is your essential daily news website, serving as a trusted source for comprehensive coverage of the complex and ever-evolving global supply chain dynamics. Our expert team delves into the intricacies of international trade, manufacturing, logistics, importing, exporting, and supply chain management; providing in-depth analysis and up-to-date news on the latest trends, disruptions, and technological advancements affecting industries worldwide. From detailed reports on international trade through to insights into procurement strategies and inventory management, we offer valuable content that helps professionals stay informed and make knowledgeable decisions in a fast-paced market.

Each day, we bring you cutting-edge news and expert commentary that dissect significant international trade and supply chain issues Our coverage spans a wide array of sectors including manufacturing, retail, healthcare, food, consumer goods, and technology, ensuring that no matter your field, you have the strategic information needed to navigate the challenges and opportunities of today’s supply chain landscape. By synthesizing complex data and presenting actionable insights, The Supply Chain Report empowers business leaders, policymakers, and logistics professionals to optimize their operations and drive forward with confidence in an interconnected world.

Connect With Us

  • About
  • Events
  • Privacy Policy
  • Contact Us

© 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.

No Result
View All Result
  • Home
  • Industry
    • Supply Chain
    • Logistics & Transportation
    • Importing & Exporting
    • Manufacturing
    • Warehousing & Distribution
  • Compliance
    • Supply Chain Transparency
    • Anti-Money Laundering (AML)
    • Know Your Customer (KYC)
    • Risk Management
    • Export Controls
    • Sanctions
  • Global Trade
    • Market Trends
    • Economic Indicators
    • Sourcing
    • Trade Policies
    • International Relations
    • Trade Agreements
    • Tariffs & Duties
    • Import/Export Statistics
  • Luxury Goods
  • Industry
    • Blockchain in Supply Chain
    • Importing & Exporting
    • Automation & Robotics
    • Artificial Intelligence in Trade
    • Data & Analytics
  • Sustainability & Ethics
    • Green Supply Chains
    • Sustainable Logistics
    • Ethical Sourcing
    • Corporate Social Responsibility
    • Environmental Policies
  • Security & Risk
    • Cybersecurity in Trade
    • Fraud & Scams
    • Risk Mitigation
    • Security Protocols
    • Data Protection
  • ITC News
    • ITC Featured Members
    • ITC Business Councils Highlights
  • Events
    • Upcoming Conferences
    • Upcoming FREE Educational Webinars

© 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.