Indonesia, Macau, Fiji to fight money laundering
Indonesia has established cooperation
with Macau and Fiji in an effort to prevent money laundering, a
financial intelligence official said.
Indonesia has established cooperation
with Macau and Fiji in an effort to prevent money laundering, a
financial intelligence official said.
The country signed Memoranda of Understanding on cooperation with the Macau Financial Intelligence Office and the Fiji Financial Intelligence Unit late last week. Bambang Permantoro, Deputy Head for Law and Adherence of Indonesia’s Centre of Financial Transactions Analyses and Reports (PPATK) was cited as saying this by the NAM news network on July 13.
The cooperation covers the exchange of financial intelligence with a view to preventing and eradicating money laundering and terrorism funding as well as related crimes.
However, under the agreement each agency may refuse to give information if it is against the interests of the countries involved.
The cooperation agreements with the Macau and Fiji financial intelligence units are the 32nd and 33rd the PPATK has made with other parties.
Two years ago, PPATK signed a similar agreement with the financial intelligence unit of Sri Lanka in Doha, Qatar./.
The country signed Memoranda of Understanding on cooperation with the Macau Financial Intelligence Office and the Fiji Financial Intelligence Unit late last week. Bambang Permantoro, Deputy Head for Law and Adherence of Indonesia’s Centre of Financial Transactions Analyses and Reports (PPATK) was cited as saying this by the NAM news network on July 13.
The cooperation covers the exchange of financial intelligence with a view to preventing and eradicating money laundering and terrorism funding as well as related crimes.
However, under the agreement each agency may refuse to give information if it is against the interests of the countries involved.
The cooperation agreements with the Macau and Fiji financial intelligence units are the 32nd and 33rd the PPATK has made with other parties.
Two years ago, PPATK signed a similar agreement with the financial intelligence unit of Sri Lanka in Doha, Qatar./.
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