Based on Law Number 40 of 2007 concerning Limited Liability Companies Jo. 8 2010 Concerning the Prevention and Eradication Money Laundering Regulation Indonesian Republic Indonesia Court Justice 13 2016 Procedures for Handling Criminal Cases by Corporations provides space criminalizing corporations as subjects that are held liable criminal acts money laundering. However, law enforcement officer...

ii Over the past year, Protiviti has published a series of point-of-view (POV) papers on anti-money laundering (AML) transaction monitoring systems. These papers address issues ranging from selecting and implementing the right system to employing a proper governance framework. Given the ever-increasing regulatory scrutiny related to AML issues and the ever-more-complex compliance challenges fac...

R. C. Watkins, K. M. Reynolds, R. F. DeMara, M. Georgiopoulos, A. J. Gonzalez, and R. Eaglin, “Exploring Data Mining Technologies as Tools to Investigate Money Laundering,” Journal of Policing Practice and Research: An International Journal, Vol. 4, No. 2, January, 2003, pp. 163 – 178. ISSN 1561-4263 print/ISSN 1477-271X online/03/020163–16 © 2003 Taylor & Francis Ltd. DOI: 10.1080/156142603200...

BY ROBERT M. AXELROD I f the purpose of criminal laws is to define crime, lay the groundwork for criminal prosecutions, and, ultimately, reduce criminal behavior, the functionality of the money laundering laws (and their associated regulations) should be evaluated at least in part by how effective they are at facilitating criminal prosecutions. For that purpose, the Suspicious Activity Report (...

This article summarises briefly what is known internationally about how ‘organised crimes’ are financed and how this differs from the financing of licit businesses. It shows how illicit financing might and does operate, noting that a key issue is the social capital of offenders and their access to illicit finance which ironically, may be easier if controls make it harder to launder money. It th...

The purpose of this research is to find out about law enforcement regarding the crime money laundering in Indonesia based on Pancasila, and what are obstacles faced. This study uses a normative juridical approach, results state that legally regulated Law no. 8 2010 concerning Prevention Eradication Crime Money Laundering. In Article 4 2010, also imposed those who enjoy proceeds which any person...