Indonesian central bank unveils policy to prevent financing for terrorism

Source: Xinhua| 2017-09-13 21:34:30|Editor: Zhou Xin
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JAKARTA, Sept. 13 (Xinhua) -- The Indonesian central bank has issued a rule to prevent financing terrorist activities and money laundering activities in the country, the Bank Indonesia said on Wednesday.

The rule is applied for non-bank financial services and money changers.

The policy is aimed at supporting the government's efforts to stop the flow of funds for financing terrorist activities, which have appeared amid progress in development of information technology.

"With various of innovation in payment activities for foreign currencies and money exchanging activities, the services, transaction and business models have become more complex," the bank said.

The government has been trying to block the influence of militants abroad to those in the country.

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