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"Indonesia has indeed met most of the 49 recommendations, but it`s not yet perfect," he said.
Indonesia`s performance was considered good on 34 of the FATF`s 49 recommendations. Some recommendations which Indonesia had not yet met included legal framework and supervision of those in the category of profession and goods suppliers.
Indonesia`s legal system and several factors in the financial institutions sector did not yet comply with the standards of the FATF recommendations.
However, Indonesia`s position was better than Cambodia and Thailand, he said.
In addition to Indonesia, APG also evaluated some other countries such as ...
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