Jakarta, Sept. 18 -- Indonesian President Prabowo Subianto has appointed Yusril Ihza Mahendra as Chairman of the National Coordination Committee for the Prevention and Eradication of Money Laundering, as part of efforts to strengthen the country's financial oversight.

The appointment was formalized under Presidential Regulation (Perpres) No. 88 of 2025, an amendment to Perpres No. 6 of 2012. Prabowo signed the regulation in Jakarta on August 25, 2025.

According to a copy of the regulation seen on Thursday, the restructuring of the committee is aimed at improving the effectiveness of anti-money laundering measures amid growing complexity in financial crimes.

Article 32A of the revised regulation grants Mahendra the authority to issue gu...