On October 16, as part of the established cooperation with the Indonesian Financial Intelligence Institute (IFII), ITMCFM held an online meeting to share experience with FIU officers and other competent authorities.
The meeting opened with welcoming remarks from the heads of ITMCFM and IFII. Ivan Uvarov, ITMCFM Director General, emphasized the relevance of the topic in light of the rapid development of financial technologies, including cryptoassets:
“The digital environment transcends national borders, and criminals are taking advantage of this by building cross-border financial schemes.
Uncovering these schemes, developing regulatory and supervisory mechanisms, and developing technological solutions to track illicit transactions are key areas where the exchange of experience and best practices among experts from different countries is essential to our shared success.”
Representatives of the Indonesian AML/CFT system, international experts, and Rosfinmonitoring officers
- discussed issues related to cryptocurrency regulation and reviewed the main challenges in implementing FATF Standards in this area;
- shared practical experience in conducting financial investigations and explored the use of key analytical tools.
The discussion also covered issues of cooperation with virtual asset service providers (VASPs) and methods of obtaining relevant data from them.
