The act of Money Laundering within financial institution may decrease
level of properness of the institution against prevailing regulation and also weaken
controlling system upon financial system, therefore, may result low rank
efficiency, high risk level and damage financial system function, and also cause a
high cost of economy.
This law research is conducted in order to asses the function of the
PPATK in the effort to overcome money laundering criminal act. This kind of
research is normative research based on statute approach. Statute approach is a
kind of approach that focused on law regulation that related to the central theme
of this research.
Indonesian Financial Transaction Reports and Analysis Center (INTRAC)
as anti money laundering regime for financial sector has supportive impact on
eradicating money laundering. Tight implementation of Know Your Customer
principle and obligatory report of suspicious financial transaction and also cash
transaction report over IDR five hundred million may create apprehensive felling
of the corruptor about disguising his dirty money into a financial system.
INTRAC must be supported by professional people like public prosecutor, judge,
crime analyst and money laundering analyst so there will be one perspective in
proving the crime action.