Use of the Transaction Format and Activity Format for the Submission of Reports via the goAML App Clarified

Through the issuance of Regulation No. 1 of 2021 (“Regulation 1/2021”),[1] the Indonesian Financial Transaction Reports and Analysis Center (Pusat Pelaporan dan Analisis Transaksi Keuangan – “PPATK”) set various procedures that have to be followed by financial service providers (penyedia jasa keuangan – “PJK”) during the submission of certain reports to the PPATK via the goAML app. However, in order to prevent PJK from using the wrong formats when submitting their reports via said app, the PPATK has now issued Circular No. 4 of 2021 (“Circular 4/2021”), which sets out guidelines for PJK to follow regarding the use of the transaction format and activity format during submissions of any of the following types of reports:[2]