| Indonesia has applied the criminalization of Money Laundering activity since April 2002, by legalizing No. 15 Act 2002 Concerning The Crime Of Money Laundering (Undang-undang Tindak Pidana Pencucian Uang/UUTPPU). Because of its weakness, within less than a year, it was revised to the State Act No. 25, 2003 and right now the amendment is being planned for the second time. It seemed that the political issue as well as the international pressure such as from Financial Action Task Force (FATF) played some significant roles during the process of the criminalization. The international pressure happened to be more serious when Indonesia along with the other 17 countries were considered as Non Cooperative Countries and Territories to Combat Money Laundering (NCCT). |