Indonesia, EU host workshop on Anti-Money Laundering

A “Focused Guided Dialogue on Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) in the Non-Profit Sector” took place on 11-13 July 2024 in Bali, Indonesia.

Organised by the EU Global Facility on AML/CFT in cooperation with the Indonesia’s financial intelligence unit (Financial Transaction Reports and Analysis Center/ PPATK), the event reflects EU’s continued engagement with Indonesia on combatting money laundering, the financing of terrorism, and in this case, on combating the abuse of non-profit organisations.

This hybrid workshop gathered more than 75 participants from various Indonesian authorities, regulators and non-profit organisations with the aim to help them play a part in ensuring Indonesia’s compliance with the international Financial Action Task Force (FATF) Recommendation 8.

The three-day event was opened by the Director of Law and Regulation of PPATK Mr Muhammad Novian, the Team Leader of the EU Global Facility Mr David Hotte and the Counter-Terrorism Expert of the EU Delegation to Indonesia Mr Marc Vierstraete-Verlinde.

The EU commends the efforts of the Indonesian authorities to move towards further compliance with FATF recommendations. Indonesia is the most recent member of the FATF, having joined the global money laundering and terrorist financing watchdog ranks in October 2023.

More info:

• EU Global Facility on AML/CFT: https://fpi.ec.europa.eu/projects/eu-global-facility-anti-money-laundering-and-countering-financing-terrorism_en
• Indonesia AML/CFT Activities: https://www.global-amlcft.eu/indonesia-aml-cft/
• FATF Recommendation 8: FATF Recommendation 8

EU Global Facility on AML/CFT

EU Global Facility on AML/CFT

EU Global Facility on AML/CFT

EU Global Facility on AML/CFT