The Indonesia Financial Services Authority, together with the United Nations Office on Drugs and Crime and Indonesia’s Task Force for the Eradication of Illegal Financial Activities, convened a regional expert meeting in Jakarta to strengthen cross-border cooperation against online scams in Southeast Asia. The release frames the main policy issue as the growing integration of digital fraud with illegal financial activity and money laundering, arguing that scam prevention and anti-money laundering and counterterrorism financing frameworks can no longer be handled separately. The two-day forum brought together regulators, financial intelligence units, law enforcement agencies, central banks, prosecutors, financial institutions, anti-scam centers and international partners from Indonesia and 12 partner countries and jurisdictions. OJK highlighted how scam proceeds can move within minutes through bank accounts, payment platforms, digital wallets, virtual assets and cross-border channels, making detection, freezing, tracing and asset recovery harder. Against that backdrop, the meeting focused on stronger financial intelligence, closer alignment of AML/CFT frameworks, improved information sharing, cross-border law enforcement cooperation and recovery of criminal proceeds. OJK also stressed the need for a whole-of-government and whole-of-ecosystem response, including public-private trusted intelligence sharing across digital platforms and financial sector participants. OJK said the meeting is intended to produce concrete, actionable recommendations and serve as a foundation for more effective regional cooperation to detect, prevent and respond to cross-border online scams, support asset recovery and protect the integrity and stability of the Southeast Asian financial system.

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