From July 29 to August 1, 2025, with the approval of the leaders of the State Bank of Vietnam (SBV), the SBV Anti-Money Laundering Department welcomed and had a working sessions with the experts’ mission from the Indonesian Financial Transactions Reports and Analysis Center (PPATK) - Indonesia's financial intelligence unit.
The PPATK mission was led by Ms. Rista Sihombing, Head of the International Partnership Working Group and Financial Task Force/Enhanced Assessment Task Force under the PPATK, and included Senior Analysts, Team Leaders, and Assessors of the multilateral assessment programs of the Asia-Pacific Group on Money Laundering (APG).
The Vietnamese side was led by Mr. Pham Tien Phong, Director General of the SBV Anti-Money Laundering Department, together with representatives from the SBV Payment Department, the SBV Inspectorate, the Ministry of Public Security, the Ministry of National Defense,, the Ministry of Finance, the Supreme People’s Court, the Supreme People’s Procuracy, etc.
During over three working days, the Indonesian experts shared with the Vietnamese side about the structure, tasks and roles of the PPATK and other Indonesian Government agencies in anti-money laundering, combating the financing of terrorism and the proliferation of WMDs. The PPATK experts also shared about Indonesia’s valuable experience and lessons learned in their implementation of the FATF’s recommendations and the improvement process of the legal frameworks, as well as the implementation plans to address the risks of money laundering and terrorist financing, helping Indonesia to become a full member of the FATF.
Based on the implementation progress of the Action Plan developed from Vietnam's commitments to the FATF, the Indonesian experts and the representatives of the SBV Anti-Money Laundering Department and the relevant Ministries and agencies discussed about possible solutions for the unresolved limitations, including: improving the legal frameworks on anti-money laundering, combating the financing of terrorism and the proliferation of WMDs; strengthening the domestic and international cooperation and assistance through information exchanges, etc.
Vietnamese and Indonesian representatives take a photo together
On behalf of the SBV and the Vietnamese side, Mr. Pham Tien Phong, Director General of the SBV Anti-Money Laundering Department, expressed his gratitude and appreciation for the enthusiastic and practical support of the PPATK’s experts. He also emphasized the desire to promote the mutual cooperation and support activities between the two sides. Based on the strengths of each side, the PPATK, the SBV Anti-Money Laundering Department and the relevant Ministries, agencies agreed on a cooperation plan for the coming time, focusing on the main topics of: Technical assistance and consultation on the implementation of the Action Plan related to the commitments with the FATF; the preparations for the Multilateral Assessments; and the cooperation through information sharing and capacity building.
Representatives of the Vietnamese Ministries and agencies, and the PPATK mission at the working sessions
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