Ada Pertanyaan? Hubungi Kami 
Ada Pertanyaan? Hubungi Kami Fathan Qorib, Robert Sidauruk
The Financial Services Authority (OJK) and the Indonesian Financial Transactions Reports and Analysis Center (PPATK) have signed a Memorandum of Understanding (MoU) to strengthen cooperation in combating money laundering activity in the financial sector.
“Crime in the financial sector is more complex than ever, therefore joint operation is crucial,” said Muliaman Hadad, Chairman of the OJK, after the MoU signing in Jakarta on Tuesday.
The MoU will be implemented through information exchange, regulation drafting, audit examination coordination, education, as well as research and the development of information technology and human resources.
In regard tothe exchange of information, Muliaman Hadad explained that this can be initiated either by the OJK or on awritten request by PPATK. The information exchange will cover regulations and regulatory matters, supervision, and examination and investigation of financial services institutions.
In regard to cooperation on the drafting of regulations, this will be implemented by gathering input and suggestions from each party regarding the respective duties, functions and powers of both institutions in order to harmonize cooperation between the institutions.
Foraudit coordination, cooperative efforts will focus on examining financial reports provided to the OJK by financial services institutions.. In addition, theOJK and PPATK may also undertake joint audit investigations on certaincasesand jointly handle complaints from the public..
On the same occasion, Head of PPATK, M. Yusuf, said that the MoU is important as he believes that PPATK would not be able to properly function without support from other institutions.
“PPATK does not have representatives at the provincial or city levels, therefore it is impossible to conduct investigatory audits without support from other institutions,” he emphasized.
M. Yusuf also noted that the cooperation will optimize the operation of the Money Laundering Law as an instrument to recover state losses caused by money laundering.
The MoU, M. Yusuf further suggested, needs to be followed up by further actions such as assigning investigators to the OJK.
“If it necessary, this can be done byasking the Supreme Court for pronouncements for the appointment of OJK investigators”, he concluded.
(hot/kc)
Fathan Qorib, Robert Sidauruk
The Financial Services Authority (OJK) and the Indonesian Financial Transactions Reports and Analysis Center (PPATK) have signed a Memorandum of Understanding (MoU) to strengthen cooperation in combating money laundering activity in the financial sector.
“Crime in the financial sector is more complex than ever, therefore joint operation is crucial,” said Muliaman Hadad, Chairman of the OJK, after the MoU signing in Jakarta on Tuesday.
The MoU will be implemented through information exchange, regulation drafting, audit examination coordination, education, as well as research and the development of information technology and human resources.
In regard tothe exchange of information, Muliaman Hadad explained that this can be initiated either by the OJK or on awritten request by PPATK. The information exchange will cover regulations and regulatory matters, supervision, and examination and investigation of financial services institutions.
In regard to cooperation on the drafting of regulations, this will be implemented by gathering input and suggestions from each party regarding the respective duties, functions and powers of both institutions in order to harmonize cooperation between the institutions.
Foraudit coordination, cooperative efforts will focus on examining financial reports provided to the OJK by financial services institutions.. In addition, theOJK and PPATK may also undertake joint audit investigations on certaincasesand jointly handle complaints from the public..
On the same occasion, Head of PPATK, M. Yusuf, said that the MoU is important as he believes that PPATK would not be able to properly function without support from other institutions.
“PPATK does not have representatives at the provincial or city levels, therefore it is impossible to conduct investigatory audits without support from other institutions,” he emphasized.
M. Yusuf also noted that the cooperation will optimize the operation of the Money Laundering Law as an instrument to recover state losses caused by money laundering.
The MoU, M. Yusuf further suggested, needs to be followed up by further actions such as assigning investigators to the OJK.
“If it necessary, this can be done byasking the Supreme Court for pronouncements for the appointment of OJK investigators”, he concluded.
(hot/kc)