MEASURES TO SHORE UP INDONESIA’S WEAK AML/CT REGIME BEING INTRODUCED TO REDUCE VULNERABILITY TO ATTACK
February 1st, 2018
FINANCIAL crime experts are urging Indonesia to step up its war on terror financing and money laundering highlighting the south-east Asian nation’s vulnerability to these threats. The USA state department’s 2017 International Narcotics Control Strategy Report (INCSR) noted these threats are significant despite Indonesia neither being a regional financial centre nor an offshore financial haven. It said Indonesia’s vulnerability to ML and TF is intensified by a “lack of expertise within the law enforcement community and insufficient knowledge of reporting ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.