New Initiatives For Handling Money Laundering In Capital Markets From Corruption Crime: Indonesia Experience

  Sutarno Bintoro,  Sjamsiar Sjamsuddin,  Ratih Nur Pratiwi

This study aims to determine the prevention and eradication of money laundering at the Corruption Eradication Commission of the Republic of Indonesia (KPK) conducted in the capital market sector. The effort carried out by the KPK is a mandate of Law Number 8 of 2010 concerning the prevention and eradication of money laundering. This study uses a qualitative method. Data obtained through observation, interviews and secondary data. The results showed that the KPK in dealing with money laundering crimes focused on law enforcement through investigation, investigation, and prosecution. As for the prevention of money laundering on the capital market, the KPK optimizes the role of the Deputy for Prevention, national cooperation (MoU) with the Center for Financial Transaction Reporting and Analysis (PPATK) and the Financial Services Authority (OJK), Cooperation with the Attorney General Department (AGD Australia) related to the preparation of "Guidelines for the Handling of Money Laundering and Asset Recovery in the Capital Market", international cooperation; and formation of Supporting Work Units.

Keywords- corruption, money laundering, capital markets, prevention, eradication.

Unique Identification Number - IJEDR1904089
Page Number(s) - 497-502
Pubished in - Volume 7 | Issue 4 | December 2019
DOI (Digital Object Identifier) -   
Publisher - IJEDR (ISSN - 2321-9939)

  Sutarno Bintoro,  Sjamsiar Sjamsuddin,  Ratih Nur Pratiwi,   "New Initiatives For Handling Money Laundering In Capital Markets From Corruption Crime: Indonesia Experience", International Journal of Engineering Development and Research (IJEDR), ISSN:2321-9939, Volume.7, Issue 4, pp.497-502, December 2019, Available at :http://www.ijedr.org/papers/IJEDR1904089.pdf