KSP Sahabat Mitra Sejati Wins National Financial Integrity Rating 2025

JAKARTA - KSP Sahabat Mitra Sejati (KSP SMS) has again recorded proud achievements at the national level. In the Financial Integrity Rating on Money Laundering and Terrorism Financing (FIR on ML/TF) 2025 which was organized by the Financial Transaction Reports and Analysis Center (PPATK), KSP SMS managed to get Rank 1 for the Savings and Loans Cooperative category.

This achievement was announced at the Dissemination of the 2025 FIR on ML/TF Assessment Results held at the Yunus Husein Auditorium, PPATK Building, Jakarta. FIR on ML/TF is a national assessment instrument that measures the integrity and compliance of reporting institutions in efforts to prevent and control the Crime of Money Laundering (TPPU) and the Crime of Terrorism Financing (TPPT).

FIR FIR on ML/TF is divided into several categories, including: Foreign Banks, National Banks, BPD, BPR, Non-Bank PJK (Efection & Leasing Company, Fintech Company, Foreign Valuta, Crypto Assets and Savings and Borrowing Cooperatives).

This year's FIR assessment was carried out by the FIR PPATK team together with independent consultants and a number of academics from various universities. The evaluation covers three main dimensions, namely the commitment to proactive reporting, implementation of PPT APU policies and procedures, as well as the level of compliance and quality of reporting submitted to PPATK.

On this occasion, the 2025 FIR on ML/TF Rank 1 award was received by the Secretary I of KSP SMS, Mr. Rizal Agil, accompanied by the manager of the PPT APU Working Unit, Rendy Rizqi Ramadhan. This award acceptance is a symbol of recognition for the collective efforts of all relevant administrators, management, and units in strengthening the integrity and compliance of the institution.

On that occasion, Mr. Rizal Agil expressed his appreciation for the award given by PPATK. He emphasized the commitment of KSP SMS to continue to improve the quality of reporting governance and risk control.

This award is the result of the hard work of the entire KSP SMS team, which consistently ensures compliance and integrity of the reporting process. This achievement is a motivation for us to continue to strengthen the system, improve reporting accuracy, and support national efforts in preventing TPPU and TPPT," said Rizal, in his statement, Friday, December 5.

KSP SMS is considered superior in the aspect of the effectiveness of transaction reporting related to indications of terrorism financing (TPPT), the implementation of PPT APU reporting governance and the level of compliance with reporting obligations. (FIR on ML / TF score obtained by KSP SMS is 9.90 / Very Good).

PPATK hopes that the results of the FIR assessment can be evaluated for all reporting institutions to improve the quality of governance, strengthen operational integrity, and develop better financial risk mitigation strategies.

Luqmanul Hakim, License and Government Relations of KSP SMS, said that this first rank was the second achievement after a similar success in 2023. This shows the commitment of KSP SMS to continue to improve governance standards, strengthen internal supervision, and contribute to the stability and security of the national financial system.

"This achievement confirms that the culture of compliance is not only fulfilling the rules, but is part of the daily operations of the KSP SMS. We will continue to strengthen coordination with regulators and ensure that every process goes according to the principle of integrity," said Luqmanul Hakim.

KSP SMS also expressed its appreciation to PPATK for its assistance and assessment mechanism which helped encourage the strengthening of the culture of compliance in the cooperative environment.