President Joko “Jokowi” Widodo emphasized the importance of comprehensive measures in addressing issues related to money laundering and terrorism financing.
Speaking during the 22nd Anniversary of the National Movement for Anti-Money Laundering and Prevention of Terrorism Financing (AML-PTF) at the State Palace in Jakarta on Wednesday (04/17), the President underscored the necessity of staying ahead of perpetrators by implementing comprehensive strategies. He highlighted the significance of international cooperation, regulatory streamlining, transparency maintenance, law enforcement, and technological utilization in combating these crimes.
Addressing concerns regarding tech-based money laundering schemes, President Jokowi stressed the importance of vigilant monitoring. He referred to data from the Crypto Crime Report, which indicated that the value of crypto asset money laundering reached US$8.6 billion in 2022, equivalent to Rp139 trillion.
Additionally, the President urged government officials to remain vigilant against terrorism financing threats, emphasizing the need for continuous monitoring and prevention efforts.
President Jokowi expressed his hope for enhanced cooperation and innovation among agencies like the Financial Transaction Reports and Analysis Center (FTRAC) and other relevant ministries. He also mentioned ongoing legislative efforts, including the deliberation of the Asset Confiscation Law and Bank Note Restriction Law in the House of Representatives. He emphasized the importance of protecting citizens’ rights and holding perpetrators accountable for state losses.
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