The Malaysia-Indonesia Remittance Corridor: Making Formal Transfers the Best Option for Women and Undocumented Migrants (PDF, 6.1MB)
This working paper assesses the remittance transfer process between Malaysia and Indonesia. The study team has found that approximately 60 percent of Indonesian migrants in Malaysia are women and undocumented migrants, and Indonesians account for 60 percent of the total migrant labor force in the country.  Among these women and undocumented migrants, the usage of informal remittance transfer mechanisms has been predominant.  However, research has shown that formalized remittance systems improve the integrity and development of the financial sector and accelerate poverty reduction efforts. Hence, this paper offers implementable recommendations aimed at expanding formal remittance flows between the two countries, by specifically targeting the incentives of Indonesian migrant workers, formal financial institutions and informal remittance service providers.

AML/CFT Regulation: Implications for Financial Service Providers that Serve Low-income People, 2005,   English, French, Spanish, Russian, Arabic

Financial Intelligence Units: An Overview, 2004, IMF,

Strengthening the Collaborative Process for Building an Effective Anti-Money Laundering and Counter-Terrorism Financing Regime in Afghanistan

Bilateral Remittance Corridor Analysis (BRCA) Publications

Effective Regimes to Combat Money Laundering and the Financing of Terrorism, Strengthening the Collaborative Process: Lessons Learned

Global Policy Dialogue Learning Series on Strengthening Collaborative Efforts to Build Effective AML/CFT Regimes

Anti-Money Laundering and Combating the Financing of Terrorism: World Bank and IMF Global Dialogue Series, the World Bank (2002)