On 27 April, FATF released the MER for Indonesia, saying that Indonesia needs to focus more on improving asset recovery, risk-based supervision and proportionate and dissuasive sanctions.  The money laundering risk for Indonesia comes primarily from domestic crimes such as corruption, narcotics, tax crimes as well as forestry crimes.  The country faces high terrorism financing risks due to the presence of terrorist organisations and their supporters in the country. 



Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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