• Source: Indonesian Financial Transaction Reports and Analysis Center

The Indonesian Financial Transaction Reports and Analysis Center or INTRAC (Indonesian: Pusat Pelaporan dan Analisis Transaksi Keuangan) or PPATK is a government agency of Indonesia responsible for financial intelligence. The agency was formed in 2002 to prevent and eradicate suspected illicit financial flows as money laundering 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 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 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 (Pusat Pendidikan dan Pelatihan Anti Pencucian Uang dan Pencegahan Pendanaan Terorisme, Pusdiklat APU-PPT) or colloquially called as Indonesian Financial Intelligence Institute (Institut Intelijen Keuangan Indonesia, 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 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. IFII also housing institution of Center for Money Laundering and Predicated Crime Studies (Pusat Kajian Pencucian Uang dan Tindak Pidana Asal), a research institution dedicated for researching policies and strategies formulation and means to combat money laundering and predicated crimes.




References

Kata Kunci Pencarian:

• Pusat Pelaporan dan Analisis Transaksi Keuangan
• Pencucian uang
• Daftar karya tentang Perusahaan Hindia Timur Belanda
• Indonesian Financial Transaction Reports and Analysis Center
• Financial Intelligence Unit
• Egmont Group of Financial Intelligence Units
• List of intelligence agencies
• Financial transaction tax
• SWIFT
• European Union financial transaction tax
• Anti–money laundering
• Indonesia Stock Exchange
• Financial inclusion