Summary:achonk
Act. 15 of 2002 as amended by Law No. 25 of 2003 (Law-AML) clearly states the establishment of Center for Financial Transaction Reports and Analysis as an institution with a special mission to prevent and combat money laundering in Indonesia. Law-AML put INTRAC as a focal point in the anti-money laundering regime in Indonesia, the duties and powers provided for in Article 26 and Article 27 UU-TPPU
Task INTRAC
Article 26 of Law - Law No. 15 of 2002 as amended by Law No. 25 of 2003, set a task INTRAC as follows:
collect, store, analyze, evaluate the information obtained by INTRAC in accordance with this Act
a. monitor records in the book list of exceptions made by the Financial Service Providers;
b. create guidelines on procedures for reporting suspicious transactions
c. provide advice and assistance to relevant authorities about the information obtained by INTRAC in accordance with the provisions of this Act;
d. guidelines and publications issued to the Financial Service Provider of its obligations specified in this Law or other laws and regulations, and assist in detecting suspicious customer behavior;
e. provide recommendations to the Government on measures of prevention and combating money laundering;
g. report the results of analysis of financial transactions which indicate money laundering to the Police and the Attorney General;
f. create and provide a report on the results of analysis of financial transactions and other activities on a regular basis 6 (six) months to the President, the House of Representatives, and authorities to supervise the Financial Service Providers;
g. inform the public about institutional performance throughout the provision of information is not prohibited by this law.
Authority INTRAC
Article 27 of the Act - Act No. 15 of 2002 on Money Laundering as amended by Act No.25 of 2003 set the authority INTRAC as follows:
a. request and receive reports from the Financial Service Provider;
b. request information on progress of investigation or prosecution of money laundering that have been reported to the investigator or prosecutor;
c. audit the Financial Service Providers on compliance with obligations in accordance with the provisions of this Act and against the guidelines regarding the reporting of financial transactions;
d. provide exception reporting obligations on financial transactions made in cash as referred to in Article 13 paragraph (1) letter b.
Duties and authority INTRAC further elaborated in the Presidential Decree. 82 Year 2003 on Procedures for the Implementation of the Central Authority of the Financial Transaction Reports and Analysis
More about: Duties and authority of Transaction Reports and Analysis Centre for the financial
Duties and Powers Originally published in Shvoong: http://www.shvoong.com/law-and-politics/criminal-law/2098754-duties-powers/
Act. 15 of 2002 as amended by Law No. 25 of 2003 (Law-AML) clearly states the establishment of Center for Financial Transaction Reports and Analysis as an institution with a special mission to prevent and combat money laundering in Indonesia. Law-AML put INTRAC as a focal point in the anti-money laundering regime in Indonesia, the duties and powers provided for in Article 26 and Article 27 UU-TPPU
Task INTRAC
Article 26 of Law - Law No. 15 of 2002 as amended by Law No. 25 of 2003, set a task INTRAC as follows:
collect, store, analyze, evaluate the information obtained by INTRAC in accordance with this Act
a. monitor records in the book list of exceptions made by the Financial Service Providers;
b. create guidelines on procedures for reporting suspicious transactions
c. provide advice and assistance to relevant authorities about the information obtained by INTRAC in accordance with the provisions of this Act;
d. guidelines and publications issued to the Financial Service Provider of its obligations specified in this Law or other laws and regulations, and assist in detecting suspicious customer behavior;
e. provide recommendations to the Government on measures of prevention and combating money laundering;
g. report the results of analysis of financial transactions which indicate money laundering to the Police and the Attorney General;
f. create and provide a report on the results of analysis of financial transactions and other activities on a regular basis 6 (six) months to the President, the House of Representatives, and authorities to supervise the Financial Service Providers;
g. inform the public about institutional performance throughout the provision of information is not prohibited by this law.
Authority INTRAC
Article 27 of the Act - Act No. 15 of 2002 on Money Laundering as amended by Act No.25 of 2003 set the authority INTRAC as follows:
a. request and receive reports from the Financial Service Provider;
b. request information on progress of investigation or prosecution of money laundering that have been reported to the investigator or prosecutor;
c. audit the Financial Service Providers on compliance with obligations in accordance with the provisions of this Act and against the guidelines regarding the reporting of financial transactions;
d. provide exception reporting obligations on financial transactions made in cash as referred to in Article 13 paragraph (1) letter b.
Duties and authority INTRAC further elaborated in the Presidential Decree. 82 Year 2003 on Procedures for the Implementation of the Central Authority of the Financial Transaction Reports and Analysis
More about: Duties and authority of Transaction Reports and Analysis Centre for the financial
Duties and Powers Originally published in Shvoong: http://www.shvoong.com/law-and-politics/criminal-law/2098754-duties-powers/
0 komentar:
Post a Comment