Premier Su Tseng-chang on Thursday spoke at a "Going Further, Doing Better" anti-money laundering event to thank both public and private organizations for coming together to enable Taiwan to place in the top "regular follow-up" category following evaluation by the Asia/Pacific Group on Money Laundering (APG). The premier expressed hope that relevant organizations can continue their cooperation to quickly move forward with effective measures to maintain this status and advance the nation to the forefront of the world's anti-money laundering countries.
There remained 16 areas where Taiwan was not up to par in the APG's preliminary 2018 evaluation, said Premier Su. However, the nation accomplished much in a short period of time to now obtain "regular follow-up" status. The premier acknowledged that this accomplishment comes not only thanks to the combined efforts of the Executive Yuan's Anti-Money Laundering Office and corporate leaders, but also as a result of cooperation and unity among industry, businesses, banks and other stakeholders.
As new methods of money laundering will continue to emerge, all involved need to stay focused to ensure that countering measures progress apace. Thankfully, experience gleaned in working toward Taiwan's recent success will simplify that effort, Premier Su said.