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View all search resultsGiving pardon again to tax evaders, who may include corrupt officials, illegal miners and loggers and drug syndicates, would appear as a blank check for money launderers, and such a policy could prompt the Paris-based OECD Financial Action Task Force on Money Laundering (FATF) to blacklist Indonesia as a noncooperative jurisdiction.
After rapid growth in recent years, the digital-banking business is facing challenges in sustaining its business model through difficult times. Juan Madera, financial services sector (FSS) ASEAN leader at IBM Consulting, spoke with The Jakarta Post’s Vincent Fabian Thomas about the future of digital banks in the region.
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