The Financial Transaction Reports and Analysis Center or INTRAC (, PPATK) is a government agency of

Indonesia Indonesia, officially the Republic of Indonesia, is a country in Southeast Asia and Oceania, between the Indian Ocean, Indian and Pacific Ocean, Pacific oceans. Comprising over List of islands of Indonesia, 17,000 islands, including Sumatra, ...

responsible for financial intelligence. The agency was formed in 2002 to prevent and eradicate suspected illicit financial flows as

money laundering Money laundering is the process of illegally concealing the origin of money obtained from illicit activities (often known as dirty money) such as drug trafficking, sex work, terrorism, corruption, and embezzlement, and converting the funds i ...

and provide information on terrorist financing.

History

In 1997, Indonesia officially signed and ratified United Nations Convention Against Illicit Traffic in Narcotic Drugs and Psychotropic Substances of 1988. As one of signatory countries, Indonesia obliged to consider money laundering as criminal act and required to have measure to identify, trace, or confiscate money in relation to illicit traffic in narcotics drugs. At the same year, Asia/Pacific Group on Money Laundering is also founded, which Indonesia officially joined in 2000. The second Financial Action Task Force (FATF)

report A report is a document or a statement that presents information in an organized format for a specific audience and purpose. Although summaries of reports may be delivered orally, complete reports are usually given in the form of written documen ...

published in June 2001 and including a supplemental report in September, denoted Indonesia as one of non-cooperative countries. As response, Bank Indonesia issued Bank Indonesia Regulation No. 3/10/PBI/2001 on Know your customer principle, which requires financial institution to identify its customer and its transactional profile, and trace money source. And refer to this regulation, financial transaction reports and analysis is officially conducted by special investigation unit of Bank Indonesia. On the next year, Law No. 15 Year 2002 regarding money laundering issued to further strengthen effort on combatting money laundering and PPATK was officially formed. Since 2010, PPATK is regulated by Law No. 8 Year 2010. PPATK's mandate was expanded in 2013 to provide information regarding terrorist financing by Law No. 9 Year 2013.

Duty and function

Duty and Function of PPATK are as follows: #Prevention and eradication of money laundering crime #Data and information management #Supervision of the compliance of the reporting parties #Analyze or investigation of financial transactions that there are reasonable grounds to suspect are related to the commission of a money laundering offence or other crimes PPATK, among other, is authorized to: #Obtain data and information from government agencies and/or private institutions which authorized to manage data and information #Define guidance to identify suspicious transaction #Coordinate with related parties to prevent money laundering #Recommend the government to prevent money laundering #Represent the government in

international organization An international organization, also known as an intergovernmental organization or an international institution, is an organization that is established by a treaty or other type of instrument governed by international law and possesses its own le ...

or forum related to financial intelligence #Provide training and education in money laundering prevention

Structure

Organization structure

Based of Presidential Decree No. 10 Year 2022 and Head of PPATK Regulation No. 5 Year 2022, PPATK is consisted of: # Leadership Elements ## Office of the Head of PPATK ## Office of the Vice Head of PPATK # Main Secretariat ## General Affairs Bureau ### Division of Household Affairs and Equipments #### Sub-division of Procurement Service ### Division of Leadership Administration #### Sub-division of Leadership Protocol and Security #### Sub-division of Leadership Administration ## Planning and Finance Bureau ### Division of Accountancy Verification and Performance Accountability ## Human Resources, Organization, and Administration Bureau ### Division of Organization, Administration, and Risks Management ### Division of Human Resource Development # Deputy I (Strategy and Cooperation) ## Directorate of Domestic Strategy and Cooperation ## Directorate of International Strategy and Cooperation ## Directorate of Law and Regulations ## Division of Deputy I Administration Affairs # Deputy II (Reporting and Compliance Monitoring) ## Directorate of Financial Service Compliance Monitoring ## Directorate of Goods and/or Other Services and Profession Compliance Monitoring ## Directorate of Reporting ## Division of Deputy II Administration Affairs # Deputy III (Analysis and Investigation) ## Directorate of Analysis and Investigation I (Proactive Analysis and Investigation Related to Corruption, Fiscal Affairs, and Worthiness of State Officials or Other State Strategic Positions Posting) ## Directorate of Analysis and Investigation II (Proactive Analysis and Investigation of Money Laundry Related to Financial Crimes, Narcotics, Environmental Crimes, other Crimes, and Terrorism) ## Directorate of Analysis and Investigation III (Reactive Analysis and Investigation of Money Laundry Activities, Money Laundry related to Predicated Crimes, and Terrorism) ## Division of Deputy III Administration Affairs # General Inspectorate # Centers ## Center of Information and Technology ## Center of Education and Training for Anti Money Laundering and Terrorism Funding Prevention/Indonesian Financial Intelligence Institute ## Center of Partnership Strengthening for Anti Money Laundering and Terrorism Funding Prevention # Experts ## Expert for Reporting and Compliance Monitoring Field ## Expert for Analysis and Investigation Field

Training

PPATK possessed a specialized center of excellence to train PPATK future operatives, law enforcements, academicians, and experts which interested to anti money laundering and counter terrorist financing as financial intelligence information. The institute called Center of Education and Training for Anti Money Laundering and Terrorism Funding Prevention () or colloquially called as Indonesian Financial Intelligence Institute (, but the official abbreviation is IFII instead of IIKI). The school was founded by Kiagus Ahmad Badaruddin (Head of PPATK) in 2017 and inaugurated by Wiranto on behalf of

Joko Widodo Joko Widodo (; born 21 June 1961), often known mononymously as Jokowi, is an Indonesian politician, engineer, and businessman who served as the seventh president of Indonesia from 2014 to 2024. Previously a member of the Indonesian Democratic ...

on 30 November 2017. Unlike the intelligence schools in Indonesia like PoltekSSN ( National Cyber and Crypto Agency) or STIN ( Indonesian State Intelligence Agency), IFII does not issue degree. IFII is the only education institution focusing on financial intelligence in Indonesia and also the whole of

Southeast Asia Southeast Asia is the geographical United Nations geoscheme for Asia#South-eastern Asia, southeastern region of Asia, consisting of the regions that are situated south of China, east of the Indian subcontinent, and northwest of the Mainland Au ...

. IFII also housing institution of Center for Money Laundering and Predicated Crime Studies (), a research institution dedicated for researching policies and strategies formulation and means to combat money laundering and predicated crimes.

References

Government agencies of Indonesia Finance in Indonesia {{Asia-org-stub