Danantara Monitor coalition sent a letter to the Financial Action Task Force (FATF) Secretariat on Wednesday (1/7/2026), asking to initiate a review on Indonesia’s obligations as a full FATF member.
The request was made following the enactment of Law No. 4 of 2026 amending Law No. 4 of 2023 on the Development and Strengthening of the Financial Sector, popularly known as P2SK.
The coalition believes that the new law, especially the Article 50A, constitutes a breach of Indonesia’s obligations as a full member of the FATF because Indonesia is expected to implement and effectively enforce the FATF Recommendations on anti-money laundering, counter-terrorist financing, and proliferation financing.
Please find below the links to Danantara Monitor’s letter and press releases.
Danantara Monitor’s letter to to the FATF (in English)
Press release (in Bahasa Indonesia)
Press release (in English)