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dc.contributor.authorRusmin, Rusmin
dc.contributor.authorBrown, Alistair
dc.date.accessioned2017-01-30T12:43:08Z
dc.date.available2017-01-30T12:43:08Z
dc.date.created2015-03-03T20:13:58Z
dc.date.issued2012
dc.identifier.citationRusmin, R. and Brown, A. 2012. Regulatory context: Recent progress on key aspects of Indonesia's anti-money laundering regime: a narrative analysis. Journal of Money Laundering Control. 15 (3): pp. 257-266.
dc.identifier.urihttp://hdl.handle.net/20.500.11937/24461
dc.identifier.doi10.1108/13685201211238025
dc.description.abstract

Purpose: Based on semi-structured interviews with current senior officers of the Indonesian Police Force, Indonesian Attorney General's Office and the Indonesian Financial Transaction Reports and Analysis Centre (Pusat Pelaporan dan Analisis Transaksi Keuangan), the purpose of this paper is to consider the regulator context and governance of some key issues in Indonesia's anti‐money laundering (AML) regime: the progress of “know your customer” implementations and the crackdown on foreign bribery. Design/methodology/approach: Interviewing respondents from key Indonesian agencies involved in the AML regime, the authors used semi-structured interviews to develop a narrative analysis of the research questions. Findings: The results of the narrative analysis suggest all three agencies are satisfied with the effectiveness of “know your customer” regulations, particularly in their capacity to heighten awareness. All respondents, however, were a little more circumspect on the foreign bribery crackdown. Practical implications: The paper shows that at best, mutual legal assistance provided help for transaction reports and analysis. At worst, it appears foreign bribery issues are an intractable problem. It is concluded that policy tools need to be contextualised within Indonesia's socio-economic realities rather than wholly struck from western fields. Originality/value: Fresh “insider” insights were gleaned about the current state of play regarding “know your customer” principles and the clampdown on foreign bribery. This is of value to many parties involved in the advancement of AML, both within and outside Indonesia.

dc.publisherEmerald Group Publishing Limited
dc.titleRegulatory context: Recent progress on key aspects of Indonesia's anti-money laundering regime: a narrative analysis
dc.typeJournal Article
dcterms.source.volume15
dcterms.source.number3
dcterms.source.startPage257
dcterms.source.endPage266
dcterms.source.issn1368-5201
dcterms.source.titleJournal of Money Laundering Control
curtin.departmentSchool of Accounting
curtin.accessStatusFulltext not available


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