RI`s anti-money laundering, counter financing of terrorism rating up

by uusjio | July 11, 2008 at 11:04 pm
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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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