Mandiri Utama Finance Holds Advanced Training on Money Laundering
- Mandiri Utama Finance
Depok, VIVA – PT Mandiri Utama Finance (MUF), a subsidiary of PT Bank Mandiri (Persero) Tbk. specializing in financing, collaborated with the Financial Transaction Reports and Analysis Centre (PPATK) to conduct advanced training on the prevention and eradication of money laundering and terrorism financing.
The training took place at PPATK’s Anti-Money Laundering and Counter-Terrorism Financing (AML-CFT) Training Center in Depok, West Java, on August 6-7, 2024.
The two-day training was attended by 34 MUF employees from various units across its headquarters and branches.
The program focused on "Identifying and Analyzing Suspicious Financial Transactions and Cash Transactions for Financing Companies."
Zakaria Halim, Corporate President Office EVP of MUF, emphasized in his opening remarks that this training reflects MUF's commitment as a financial services provider to uphold integrity by enhancing employees' skills and understanding of the implementation of the Anti-Money Laundering and Counter-Terrorism Financing (AML-CFT) program, as well as the Prevention of the Financing of Weapons of Mass Destruction (PFWMD).
He highlighted the importance of accurately identifying suspicious financial transactions and cash transactions.
“This training is part of a series of collaborations between MUF and PPATK, which includes Forum Group Discussions (FGD), Dissemination, participation in the Financial Integrity Rating (FIR), and the utilization of PPATK's applications by our company. Together with PPATK, we aim to lead the financing industry in implementing AML-CFT & PFWMD programs,” Zakaria stated.
Akhyar Effendi, Head of PPATK's AML-CFT Training Center, expressed appreciation for MUF’s active collaboration in strengthening these programs through this advanced training.
He underscored the importance of improving company employees' abilities to identify and analyze suspicious financial transactions.
“Mandiri Utama Finance is the first financing company to conduct such training in partnership with PPATK. We hope this strategic collaboration continues to support the fight against money laundering and terrorism financing in Indonesia,” Akhyar concluded.
