IMPLEMENTATION OF UNSCR 1874 FINANCIAL PROVISIONS

UNCLAS JAKARTA 001130 SENSITIVE SIPDIS DEPARTMENT FOR EAP/MTS, ISN/CPI J. CHALMERS, T E.O. 12958: N/A TAGS: KNNP ECON EFIN PARM PREL ID SUBJECT: IMPLEMENTATION OF UNSCR 1874 FINANCIAL PROVISIONS ON NORTH KOREA REF: SECSTATE 66250 ¶1. (SBU) Indonesian officials assured that they will take steps to ensure immediate implementation of the financial provisions of UNSCR 1874 designed to limit North Korea's ability to fund WMD and ballistic missile-related activities, arms procurement and sales. Embassy delivered points contained in reftel and conveyed the Treasury Department advisory regarding involvement by DPRK government agencies and front companies in illicit activities to Mr. Roy Soemirat, Directorate of International Security and Disarmament, Department of Foreign Affairs (DEPLU) on July 1 and to Mr. Djoko Kurnijanto, Directorate of Inter-Agency Cooperation at the Indonesian Financial Transaction Reports and Analysis Centre (PPATK) on July 2. ¶2. (SBU) Soemirat expressed appreciation for the information conveyed and advised that DEPLU would take steps to ensure implementation of the financial provisions of UNSCR 1874 and would share the U.S. Treasury advisory with Indonesian financial institutions. He reiterated the Indonesian government's condemnation of North Korean nuclear testing and missile launching. ¶3. (SBU) Kurnijanto, Directorate of Inter-Agency Cooperation at the Indonesian Financial Transaction Reports and Analysis Centre (PPATK),Indonesia's financial intelligence unit, advised that PPATK would share the information provided with Indonesian financial institutions. PPATK (rather than Ministry of Finance) has responsibility within the government of Indonesia to alert financial institutions to risks posed to financial institutions by deceptive practices and illicit conduct, to notify institutions of new UN Security Council financial measures, and to provide general guidance to counter money laundering and the financing of terrorism. Mission is also sharing this information with officials at Bank Indonesia and the Capital Markets and Financial Institutions Supervisory Agency. HUME