ROLE OF THE REPORTING CENTER FOR FINANCIAL TRANSACTIONS IN CRIMINAL MONEY LAUNDERING

  • Irian Toni Sekolah Tinggi Ilmu Hukum Serasan
Keywords: This study aims to determine how the role of PPATK in preventing and combating money laundering and what are the impacts of money laundering. This research is normative legal research that is prescriptive and technical or applied. The research approach uses the law approach and case approach. The type of research data is secondary data with primary and secondary legal materials. Data collection techniques such as literature study and data analysis techniques used are deductive. The results of this study explain that the duties and authorities of the Financial Transaction Reports and Analysis Center (PPATK), there are two (2) main tasks that stand out in relation to the prevention and eradication of money laundering, namely: detecting the occurrence of money laundering by looking at the report conducted by Reporting Parties, namely Providers of Financial Services (banks) regarding Suspicious Financial Transactions (TKM); and assist law enforcement relating to money laundering and the criminal offenses that give birth (predicate crimes), and that the impact caused by money laundering is very detrimental to the community, because money laundering activities enable drug traffickers and traffickers, smugglers, and other criminals can expand its activities; money laundering will undermine the financial community because such a large amount of illicit money is involved and circulating and opportunities for corruption are wide open; also money laundering reduces government revenue from the tax sector.

Abstract

This study aims to determine how the role of PPATK in preventing and combating money laundering and what are the impacts of money laundering. This research is normative legal research that is prescriptive and technical or applied. The research approach uses the law approach and case approach. The type of research data is secondary data with primary and secondary legal materials. Data collection techniques such as literature study and data analysis techniques used are deductive. The results of this study explain that the duties and authorities of the Financial Transaction Reports and Analysis Center (PPATK), there are two (2) main tasks that stand out in relation to the prevention and eradication of money laundering, namely: detecting the occurrence of money laundering by looking at the report conducted by Reporting Parties, namely Providers of Financial Services (banks) regarding Suspicious Financial Transactions (TKM); and assist law enforcement relating to money laundering and the criminal offenses that give birth (predicate crimes), and that the impact caused by money laundering is very detrimental to the community, because money laundering activities enable drug traffickers and traffickers, smugglers, and other criminals can expand its activities; money laundering will undermine the financial community because such a large amount of illicit money is involved and circulating and opportunities for corruption are wide open; also money laundering reduces government revenue from the tax sector.

Published
2019-09-17
How to Cite
Toni, I. (2019). ROLE OF THE REPORTING CENTER FOR FINANCIAL TRANSACTIONS IN CRIMINAL MONEY LAUNDERING. KADER BANGSA LAW REVIEW, 1(2), 101-113. Retrieved from http://ojs.ukb.ac.id/index.php/kblr/article/view/83