Dhaka, Jakarta ink deal on money laundering

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FE Report
Bangladesh and Indonesia have agreed to cooperate in the fight against money laundering and the funding of terrorism.
The cooperation agreement was signed Monday last by Indonesia's Financial Transaction Reports Analysis Center (PPATK) head Yunus Husein and Md. Abdul Quasem, executive director and head of the Financial Intelligence Unit (FIU) of Bangladesh's Central Bank's Anti-money Laundering Department, an Indonesia newspaper quoted PPATK deputy head Wahyu Hidayat as saying.
Hidayat said the two countries would exchange financial intelligence information in effort to reinforce international cooperation in fighting money laundering and financing of terrorism.
Both the countries have agreed that the exchanged information would be treated as highly confidential.