Implementation Vienna Convention As International Standard of Money Laundering And The Efforts Of Prevention And Eradication Money Laundering Crime In Indonesia

Abstract

This article has an analytical approach towards internasionalization of anti- money laundering and implementation Vienna Convention as international standard of anti-money laundering in Indonesia. Further, it eximes compliance of Indonesia government to Financial Action Task Force (FATF) Eecommendations as derivation of Vienna Convention. The 40 FATF Recommendations are a set of recommendations used as a global standard in building anti-money laundering and counter-terrorism financing regime. The findings indicate that Indonesia have majority compliant to Vienna Convention as derived 40 FATF Recommendation.  Overall, Imdonesia has a high level of technical compliance with relevant recommendation. But until year 2021, to 40 FATF Recommendations, Indonesia has no compliance to Recommendation number 7 (Target financing of proliferation sanction) that is Indonesia has not stated and regulated the sanction of proliferation funding. To improve implementation Recommendation 7 Target Financing Proliferation in Indonesia, we take data and information from FATF APG Group of Japan, Singapore dan Austraia in developing legal system of financing proliferation, in order to compare the legal framework of proliferation financing in those countris with situation in Indonesia. Further, we suggest solution of legal policy to improve legal framework of proliferation financing sanction in Indonesia, in line with   implementation targeted financial sanctions of proliferation without delay to comply with United Nations Security Council Resolutions.