Research Article
Money Laundering in Indonesia Bankers: Compliance, Practice, and Impact
@INPROCEEDINGS{10.4108/eai.13-8-2019.2294249, author={Atqkan Sjukri Karim and Nafsiah Mohamed and M. Azmi Nias Ahmad and Hendi Yogi Prabowo}, title={Money Laundering in Indonesia Bankers: Compliance, Practice, and Impact}, proceedings={Proceedings of The First International Conference on Financial Forensics and Fraud, ICFF, 13-14 August 2019, Bali, Indonesia}, publisher={EAI}, proceedings_a={ICFF}, year={2020}, month={5}, keywords={money laundering money laundering regulation anti-money laundering models}, doi={10.4108/eai.13-8-2019.2294249} }- Atqkan Sjukri Karim
Nafsiah Mohamed
M. Azmi Nias Ahmad
Hendi Yogi Prabowo
Year: 2020
Money Laundering in Indonesia Bankers: Compliance, Practice, and Impact
ICFF
EAI
DOI: 10.4108/eai.13-8-2019.2294249
Abstract
Money laundering is the process by roomates large amount of illegally obtained money from drug trafficking, terrorist activity or other serious crimes, is given the appearance of having originated from a legitimate source. The purpose of this study is to examine the rules that related to money laundering, money laundering practices that existed in Indonesian banks and the impact of money laundering. We argue that the concept of money laundering have been adopted by regulation of Indonesian banks to detect money laundering. However, reviews the regulation has not been with the practice of money laundering occuring in Indonesian banks. We propose to addresed the determinants that influence of bank employees in Indonesia towards money laundering as the fundamentals for making anti-money laundering models.