RBI, Bank Indonesia to cooperate against money laundering, terror financing

Under the MoU, signed on July 16 in Bali Indonesia, during the meeting of the Minister of Finance G20 and the Governor of the Central Bank,

both of them will strengthen the exchange of information and cooperation in the central banking sector, including payment systems, digital innovations in payment services, and frameworks Supervision and supervision for anti-money laundering and fighting terrorism financing (AML-CFT), said RBI.

Reserve Bank of India (RBI) on Saturday said that he had signed an MoU with Bank Indonesia (BI) to increase mutual cooperation between the two central banks.