What Is PPATK? Indra Kenz's Case Of Entry

YOGYAKARTA - When asked what PPATK is or the Center for Financial Transaction Reports and Analysis, which is an independent institution tasked with preventing and eradicating money laundering.

Recently, the Financial Transaction Reports and Analysis Center (PPATK) frozen Inda Kenz's crypto asset worth IDR 38 billion, relating allegations of deception using the Binomo application. This act is one of the powers of PPATK in preventing and eradicating money laundering crimes such as Law (UU) No. 8 of 2010.

PPATK is an independent institution that is prepared in order to prevent and eradicate money laundering. PPATK has the task and authority to obtain financial transaction reports, carry out analysis of financial transaction reports, and forward the results of analysis of regulatory enforcement institutions.

Internationally, PPATK is a Financial Intelligence Unit (FIU), which has the task and authority to obtain financial transaction reports, carry out analysis of financial transaction reports, and forward the results of analysis of regulatory enforcement institutions.

Further provisions regarding PPATK are controlled in Presidential Regulation (Perpres) Number 10 of 2022 regarding the Organization and Working Center for Reporting and If Financial Transactions. In the Presidential Regulation, PPATK is immediately responsible for the President and is domiciled in the State Capital of the Republic of Indonesia. needed, PPATK can open representatives in the region.

According to Article 3 of Presidential Decree No. 10 of 2022, the task of PPATK is to prevent and eradicate the crime of money laundering. In carrying out its duties, the PPATK function is described in Article 4 of Presidential Decree No. 10 of 2022, namely:

Prevention and eradication of money laundering.

Management of data and information obtained by PPATK.

Supervision of compliance with the reporting party. Analysis or examination of reports and information on financial transactions that indicate money laundering and/or other criminal acts.

Then, PPATK also carries out duties and functions related to the prevention and eradication of criminal acts of terrorism financing in accordance with the provisions of the legislation. The PPATK function in Law no. 8 of 2010 consists of the supervisory and analysis function. Here's the explanation.

In accordance with Article 43 of Law no. 8 of 2010, the function of PPATK supervision is:

PPATK Analysis Function

In accordance with Article 44 of Law no. 8 of 2010, the function of PPATK analysis is:

PPATK Authority

In carrying out their duties and functions, PPATK has the authority in accordance with Article 41 of Law no. 8 of 2010 as follows:

The PPATK authority does not apply to the provisions of the laws and regulations and the code of ethics that limit confidentiality.

PPATK Organization Structure

Set in Article 6 of Presidential Decree No. 10 of 2022, the composition of the PPATK organization consists of:

In the period 2021-2026, the Head of PPATK is held by Dr. Ivan Yustiavandana, SH, LLM. The Head of PPATK has the task of leading, being responsible, and managing the work of PPATK duties and functions.

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