Anti Money Laundering & Counter Terrorism Financing On Digital Banking

The financial industry is one of the strategic sectors to support the economy of a country it is because the sector itself runs through the money. Furthermore, Financial Service is the most complex and have a wide range of product.

According to POJK 12/2017 and POJK 23/2019, Financial Services have the obligation to prevent Money Laundering & Terrorist Financing. The method itself must conclude the systematic and wholesome (also known as 5 pillars).

Digital Banking is currently the game changer on the industry, with the new paradigm of reinvented Banking Digital Banking make people easier to access Banking services. Digital Banking itself can be used for money laundering activity since Digital Banking offered convenience for all customers.

After completion of this program, participants will be better able to:

• Understand the concept of Money Laundering & Terrorist Financing
• Identify Money Laundering & Terrorist Financing patterns in financial services
• Understand the 5 pillars of AML&CFT
• Understand the KYC (CDD & EDD)
• Identify the AML & CFT Policy Infrastructure
• Identify, set up, and run the AML CFT for Digital Banking