The public must be careful with the risk of financial crimes
JAKARTA. The Commodity Futures Trading Supervisory Agency (Bappebti) warned the public to be careful with the risk of financial crimes amid the COVID-19 pandemic.
Sidharta Utama, Head of Bappebti, said the appeal had also been conveyed by the Financial Action Task Force (FATF), an anti-money laundering and terrorism financing organization. In this appeal, all FATF member countries, including Indonesia, were asked to cooperate with financial service providers to increase supervision.
"Business players are expected to continue to apply FATF standards to encourage greater transparency in financial transactions," said Utama through an official statement.
In addition, FATF also emphasized that more and more criminals committing fraud, starting from counterfeit drug sales schemes to fraudulent investments. (KR/AR)