| Agency Name: | Indonesian Financial Transaction Reports and Analysis Center |
| Nativename: | Indonesian: Pusat Pelaporan dan Analisis Transaksi Keuangan |
| Jurisdiction: | Government of Indonesia |
| Headquarters: | Jalan Ir. Haji Juanda No.35, Kb. Kelapa, Gambir, Central Jakarta, Jakarta, Indonesia |
| Employees: | 562 (2021)[1] |
| Chief1 Name: | Ivan Yustiavandana |
| Chief1 Position: | Head of PPATK/INTRAC |
| Agency Type: | Financial Intelligence Unit |
The Indonesian Financial Transaction Reports and Analysis Center or INTRAC (Indonesian: Pusat Pelaporan dan Analisis Transaksi Keuangan) or PPATK is a government agency of Indonesia responsible for financial intelligence. The agency was formed in 2002 to prevent and eradicate suspected illicit financial flows as money laundering and provide information on terrorist financing.[2]
In 1997, Indonesia officially signed and ratified United Nations Convention Against Illicit Traffic in Narcotic Drugs and Psychotropic Substances of 1988. As one of signatory countries, Indonesia obliged to consider money laundering as criminal act and required to have measure to identify, trace, or confiscate money in relation to illicit traffic in narcotics drugs. At the same year, Asia/Pacific Group on Money Laundering is also founded, which Indonesia officially joined in 2000.[2]
The second Financial Action Task Force (FATF) report published in June 2001 and including a supplemental report in September, denoted Indonesia as one of non-cooperative countries. As response, Bank Indonesia issued Bank Indonesia Regulation No. 3/10/PBI/2001 on Know your customer principle, which requires financial institution to identify its customer and its transactional profile, and trace money source. And refer to this regulation, financial transaction reports and analysis is officially conducted by special investigation unit of Bank Indonesia.[2]
On the next year, Law No. 15 Year 2002 regarding money laundering issued to further strengthen effort on combatting money laundering and PPATK was officially formed.[3] Since 2010, PPATK is regulated by Law No. 8 Year 2010.[4] PPATK's mandate was expanded in 2013 to provide information regarding terrorist financing by Law No. 9 Year 2013.[5] [6]
Duty and Function of PPATK are as follows:[2]
PPATK, among other, is authorized to:[2]
Based of Presidential Decree No. 10 Year 2022 and Head of PPATK Regulation No. 5 Year 2022, PPATK is consisted of:
PPATK possessed a specialized center of excellence to train PPATK future operatives, law enforcements, academicians, and experts which interested to anti money laundering and counter terrorist financing as financial intelligence information. The institute called Center of Education and Training for Anti Money Laundering and Terrorism Funding Prevention (Indonesian: Pusat Pendidikan dan Pelatihan Anti Pencucian Uang dan Pencegahan Pendanaan Terorisme, Pusdiklat APU-PPT) or colloquially called as Indonesian Financial Intelligence Institute (Indonesian: Institut Intelijen Keuangan Indonesia, but the official abbreviation is IFII instead of IIKI). The school was founded by Kiagus Ahmad Badaruddin (Head of PPATK) in 2017 and inaugurated by Wiranto on behalf of Joko Widodo on 30 November 2017. Unlike the intelligence schools in Indonesia like PoltekSSN (National Cyber and Crypto Agency) or STIN (Indonesian State Intelligence Agency), IFII does not issue degree.[7] [8]
IFII is the only education institution focusing on financial intelligence in Indonesia and also the whole of Southeast Asia.[9] IFII also housing institution of Center for Money Laundering and Predicated Crime Studies (Indonesian: Pusat Kajian Pencucian Uang dan Tindak Pidana Asal), a research institution dedicated for researching policies and strategies formulation and means to combat money laundering and predicated crimes.