International Journal of Humanities and Social Science

ISSN 2220-8488 (Print), 2221-0989 (Online) 10.30845/ijhss

Strengthening the Indonesian Money Laundering Regime through Embodying the Pancasila Principles
Didik Miroharjo

This work is aimed at exploring and creating an appropriate approach in strengthening anti-money laundering regime in Indonesia. For structuring the legal framework of anti-money laundering, this work will embody the Pancasila values, such as justice, harmony (coherence and congruence), equality and civilised-based humanity. For visualising those objectives, this work will apply normative (statute and conceptual approach) and empirical legal research. In detail, this work will elaborate and discuss the history of Indonesian anti-money laundering, as well as compare the existing Indonesian money laundering regime and the Pancasila-based Anti-Money Laundering Regime. The comparison will be focused on the weaknesses and the strength of two regimes, by emphasising some relevant issues, such as validity, recognition, legal certainty, harmony, and justice. In addition, this work will discuss the approach to coherence the diametrical norms in between the existing Indonesian money laundering regime and presumption of innocence principle. In the end, this work offers a regulatory model that may accommodate various interests for justice.

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