News

Jakarta, 2 August 2024. Dian Ediana Rae, Chief Executive of Banking Supervision of the Indonesia Financial Services Authority (OJK), emphasized that OJK consistently undertakes various efforts within its authority to combat online gambling.

OJK's efforts include instructing banks to block more than 6,000 accounts suspected of being involved in online gambling transactions; instructing banks to conduct Enhanced Due Diligence (EDD) on customers suspected of online gambling transactions and reporting such transactions as Suspicious Financial Transactions to the Indonesian Financial Transaction Reports and Analysis Center (PPATK). If the EDD reveals severe violations related to online gambling, banks may restrict or even terminate the customer’s ability to open accounts (i.e. blacklisting).

Gambling activities are one of the predicate offenses under Law Number 8 of 2010 concerning the Prevention and Eradication of Money Laundering. OJK and banks continuously strive to enhance the effectiveness of Anti-Money Laundering, Counter-Terrorism Financing, and Counter-Proliferation Financing of Weapons of Mass Destruction programs (AML/CTF/CPF-WMD).

OJK continuously monitors banks' efforts to respond to challenges in eradicating online gambling by strengthening the functions of AML, CTF, CPF-WMD, and Anti-Fraud units, intensifying efforts to minimize the occurrence of account trading practices, and optimizing the use of Information Technology to identify economic crimes, including online gambling.

Furthermore, banks have taken various steps to minimize the use of bank accounts for online gambling transactions, such as following OJK's requests to block accounts, addressing account trading practices, adjusting transaction parameters to capture small transactions commonly seen in online gambling starting from IDR10,000, conducting web crawling, coordinating with the Ministry of Communication and Information Technology (Kominfo) to shut down gambling websites, and monitoring cross-border transaction activities.

OJK and its 35 offices across the country have launched a massive anti-money laundering campaigns in collaboration with banks and relevant parties. OJK believes that public education on online gambling needs to be continually conducted to raise awareness on  the dangers of online gambling for the society. Additionally, OJK has coordinated with banking leaders to emphasize management's commitment to eradicating online gambling both internally and externally.

Addressing online gambling requires collective efforts by law enforcement agencies and relevant ministries/agencies, as reflected in the establishment of the Online Gambling Eradication Task Force through Presidential Decree No. 21 of 2024. As part of the Online Gambling Task Force, OJK will continue to coordinate with regulatory agencies and other ministries/agencies to respond to the use of payment system channels for online gambling to enhance the effectiveness of AML, CTF, and CPF-WMD programs.