Greenation International Journal of Law and Social Sciences
Vol. 1 No. 3 (2023): (GIJLSS) Greenation International Journal of Law and Social Sciences (September

Comparison of Money Laundering Criminal Law Between Indonesia and Malaysia

Widijowati, Dijan (Unknown)
Cartin Pecson, Rowela (Unknown)



Article Info

Publish Date
25 Nov 2023

Abstract

One form of crime that has become a primary focus of criminal efforts is money laundering. The process of improvement continues to evolve until today, with recent changes outlined in Law Number 8 of 2010 concerning the Prevention and Eradication of Money Laundering. In addition to the national scale, efforts to combat money laundering are also carried out internationally. A significant step in international cooperation to combat money laundering is the establishment of the Financial Action Task Force (FATF) on Money Laundering. However, despite these collective efforts, there are still several challenges and obstacles in preventing money laundering globally. Differences in laws and regulations between countries, as well as the complexity of global financial pathways, are some factors that complicate the eradication efforts. Therefore, this research will focus on examining how the regulation of money laundering crimes differs between Indonesia and Malaysia and how the regulations compare in both countries. Specifically, this normative legal research generally focuses on the analysis of legal documents. The formulated issues can be outlined as follows: How is the regulation of money laundering crimes in Indonesia and Malaysia, and what is the comparison of the regulations on money laundering crimes in Indonesia and Malaysia.

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Journal Info

Abbrev

GIJLSS

Publisher

Subject

Law, Crime, Criminology & Criminal Justice Social Sciences

Description

Greenation International Journal of Law and Social Sciences (GIJLSS) is a journal that uses a blind peer-review model that can be accessed online. GIJLSS aims to publish a journal containing quality articles that will be able to contribute thoughts from theoretical and empirical perspectives for the ...