Jokowi Announces Indonesia Officially Becomes FATF's 40th Member
- Dok Setkab.
Jakarta – President Joko Widodo (Jokowi) announced on Monday that Indonesia officially becomes the 40th permanent member of the Financial Action Task Force (FATF).Â
"I would like to announce good news as a result of the negotiations in Paris last October. Alhamdulillah, Indonesia was received by acclamation as the 40th permanent member of FATF," President Jokowi stated at the Merdeka Palace, Jakarta, on Monday.Â
As information, FATF is an international organization focused on global efforts to eradicate criminal acts of money laundering, terrorism financing, and funding the proliferation of weapons of mass destruction.Â
President Widodo also emphasized that Indonesia's FATF membership is important to increase positive perceptions of the Indonesian financial system.Â
"This membership is significant to increase positive perceptions of the Indonesian financial system. It will encourage confidence and trust in the business and investment climate in the country," the Head of State informed.Â
The President also expressed the National Coordinating Committee for the Prevention and Eradication of Money Laundering and other stakeholders for their hard work and commitment to realize Indonesia's goal of becoming an FATF official member.
"We hope that this will be the first step towards better governance of Indonesia's anti-money laundering regime and prevention of terrorist financing,"Â
By joining as a permanent member of the FATF, Indonesia can make a broad contribution to determine global strategic policies related to Anti-Money Laundering and Prevention of the Financing of Terrorism (APUPPT) that can further emphasize Indonesia's position as a country with integrity and capable of actively contributing to the international arena.