Anti-Money Laundering, Countering the Financing of Terrorism, and Countering the Financing of Proliferation of Weapons of Mass Destruction (AML, CFT, and CFPWMD)

In line with technological development and the current era of globalization in the banking sector, many banks have become the main target for money laundering activities considering that this sector offer many services that play a role in financial traffic.

In implementing the Anti-Money Laundering, Countering the Financing of Terrorism, and Countering the Financing of Proliferation of Weapons of Mass Destruction Program, PT Bank Amar Indonesia Tbk "Bank" has also complied with the following regulations:

1. Undang-Undang Republik Indonesia Number 8 of 2010 concerning Pencegahan dan Pemberantasan Tindak Pidana Pencucian Uang;
2. Undang-Undang Republik Indonesia Number 9 of 2013 concerning Pencegahan dan Pemberantasan Tindak Pidana Pendanaan Terorisme;
3. Peraturan Otoritas Jasa Keuangan Number 8 of 2023 concerning Penerapan Program Anti Pencucian Uang, Pencegahan Pendanaan Terorisme, dan Pencegahan Pendanaan Proliferasi Senjata Pemusnah Massal di Sektor Jasa Keuangan;
4. Surat Edaran Otoritas Jasa Keuangan Number 32/SEOJK.03/2017 concerning Penerapan Program Anti Pencucian Uang dan Pencegahan Pendanaan Terorisme di Sektor Perbankan;
5. Regulations and Conditions issued by the Pusat Pelaporan dan Analisis Transaksi Keuangan.

The Bank has implemented the Policy for Implementing Anti-Money Laundering, Countering the Financing of Terrorism, and Countering the Financing of Proliferation of Weapons of Mass Destruction in Internal Guidelines which are very much needed to become a reference that help detect money laundering, financing of terrorism, and financing of the proliferation of weapons of mass destruction activities. PT Bank Amar Indonesia Tbk has also made improvement to the AML, CFT, and CFPWMD Program implementation policies, which are based on 5 (five) Pillars of AML, CFT, and CFPWMD Program Implementation, i.e.:

1. Active supervision of the Board of Commissioners and Directors;
2. Policies and Procedures;
3. Internal Control;
4. Management Information System; and
5. Human Resources and Training.

(Click here to view the AML, CFT, and CFPWMD Program Implementation Policy of PT Bank Amar Indonesia Tbk)