Lisanawati, Go (2012) Customer Due Diligence and Its Role To Prevent The Global Economic Threat: Indonesian Anti Money Laundering Perspectives. South East Asian Journal of Contemporary Business, Economics and Law (SEAJBEL) , 1. ISSN 2289-1560
Preview |
PDF
Go Lisanawati_Customer Due Diligence_Revisi_2015.pdf Download (484kB) | Preview |
Abstract
Money laundering and financing of terrorism is one of the global threats which may occur problems for the economics of the world. The effect of Money Laundering and financing of terrorism have been manifested in the life of the nations. According to its characteristic as a transnational crime, Money laundering and financing of terrorism have been a major concern of all the countries and law enforcement agents. In this situation, law shall be a major instrument to tackle money laundering and financing of terrorism, but Customer Due Diligence and Enhance Due Diligence plays a great part to prevent money laundering and other variant of crime. The effective and efficient measure to recognize the customer who has a suspicious character of money laundering and financing of terrorism is using the method of knowing correctly and precisely their customer’s profile. Customer Due Diligence is the first resort which may operate as the first procedure which should be taken by all Financial Services Provider and also Goods and Services Providers. As a tool, Customer Due Diligence should be followed by the professionalism and awareness of the parties involved, such as bank and goods and service providers, since it is not easy to recognize the money laundering and also financing of terrorism. The presence of Law Number 8 of 2010 of Republic of Indonesia actually tries to strengthen the implementation of the Principle of Know Your Services Users or also known as the Know Your Customer Principle.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | Customer Due Diligence, Prevention of Crime, Money Laundering |
| Subjects: | K Law > K Law (General) |
| Divisions: | Faculty of Law > Department of Law |
| Depositing User: | Go Lisanawati 2155 |
| Date Deposited: | 19 Dec 2013 08:08 |
| Last Modified: | 10 Feb 2022 07:28 |
| URI: | http://repository.ubaya.ac.id/id/eprint/7057 |
Actions (login required)
 |
View Item |
