Relation of Investment Climate and Money Laundering Eradication in Indonesia

Abstract

Money laundering is closely related to globalization. Money laundering has been particular concern to the international community. In its development, money laundering is increasingly complex, crossing jurisdictional boundaries, as well as to the investment climate relation in Indonesia. The results show that the legal substance of money laundering handling as associated with corruption has not been accommodated on the normative level. It is very important as an effort to optimize the eradication of money laundering. Resulting losses by bribes in the private sector are not only about the amount of money, but also create inefficiencies, increase crime, slow growth, and worsen the image and national investment climate in macro. Therefore, it is appropriate if peoples are confused about how to make the Indonesian legal system able to ensnare the perpetrators of bribery in the private sector. However, it does not mean that bribes in the private sector cannot be snared with Indonesian positive law.

Keywords: Investment, Money Laundering, Policy