Jokowi Asks His Staff To Have Tools And Capability To Handle New Modes Of Money Laundering And Terrorism Financing That Are More Complex

President Joko Widodo (Antara)

JAKARTA - President Joko Widodo (Jokowi) asked the relevant ministries and institutions, especially the Financial Transaction Reports and Analysis Center (PPATK) to continue to develop their tools and capabilities.

Moreover, currently economic crimes such as money laundering and terrorism financing are increasingly massive and complex. This was conveyed by Jokowi when delivering his remarks at the 20th Anniversary of the APU PPT Movement at the State Palace today, Monday, April 18.

"All ministries and institutions, including PPATK as a vocal point and financial intelligence unit, must be observant and able to move quickly, have the capabilities and tools to deal with new modes of money laundering and terrorism financing," Jokowi said as shown on YouTube. Presidential Secretariat.

This step, Jokowi continued, is important because the two crimes have now crossed national borders and have become international crimes.

In addition, the former Governor of DKI Jakarta asked his staff to quickly anticipate economic crimes in order to maintain economic stability in the country.

"Take anticipation as early as possible at various levels to prevent efforts that can disrupt the integrity and stability of our economic system and financial system and anticipate an increase in economic activities such as cyber crime and other activities that take advantage of technological sophistication," he said. Ministries and institutions continue to make major breakthroughs in preventing economic crime. There are various ways that can be done, including accelerating digital transformation by adopting regulatory technology and finding legal breakthroughs.

"PPATK also needs to continue to improve digital services, develop new service platforms, perfect the digital service breakthroughs that we already have, develop digital service centers that are complete, integrated and real-time and able to serve stakeholders quickly, easily, precisely and accurately," Jokowi explained.

Jokowi understands that PPATK cannot be alone in dealing with money laundering and terrorism financing. Thus, all parties must work together to create a stable economic system and a sound financial system.

"We need to work hard together to maintain the integrity and stability of our economic system and financial system, we need support from all parties, government agencies, the financial industry and the entire community," he stressed.

"We need to build synergies to ensure fair law enforcement, increase rescue efforts, efforts to restore and recover state finances, provide legal certainty to investors, both at home and abroad, and build a stronger, more integrated and sustainable Indonesian financial system. ," concluded Jokowi.