Taiwan will continue to jointly shoulder the responsibility of combating crime and contribute to world security and stability, Premier Cho Jung-tai (卓榮泰) said yesterday at an anti-money laundering event in Taipei.
Speaking at the opening of the 2024 Asia/Pacific Group on Money Laundering (APG) assessor training workshop, Cho said fighting money laundering is a goal that is common to Taiwan and other countries around the world, according to a Cabinet statement.
Taiwan will continue to prepare according to international standards and jointly shoulder the responsibility of fighting crime for the security and stability of the world, he said.
Photo: Chen Yu-fu, Taipei Times
He said the government puts a high priority on fighting money laundering and combating terrorism, and has listed the fight against gangs, money-laundering, guns, drugs, and fraud while protecting the stability and security of all sectors of society as key policies.
Cho also highlighted Taiwan’s presence in the APG since joining it as a founding member in 1997.
"We are very pleased that Taiwan is hosting a five-day official event for the first time," he said.
In its third round APG mutual evaluation in 2019, Taiwan was placed on the "regular follow-up" list, the APG’s most favorable category, and Cho thanked the international community for its recognition of Taiwan’s maintenance of economic order.
To more rigorously enforce anti-money laundering laws, Taiwan uses the ABC strategy, which stands for adaptation, block and cooperation to promote various efforts to prevent money laundering and combat the financing of terrorism, Cho said.
In terms of adaptation, Cho said it referred to the adaptation of laws and regulations through the recent amendment of existing laws, such as the Money Laundering Control Act (洗錢防制法) and passage of a new Fraud Crime Prevention Act (詐欺犯罪危害防制條例), to give law enforcement officials more effective crime- fighting tools.
"B" means to block crime, he said, by updating digital tools that can be used by the Anti-Money Laundering Office under the Executive Yuan and law enforcement officers to crack down on illegal activities.
"C" represents cross-border cooperation, he said, noting that in addition to previous joint efforts with the United States to crack down on computer rooms for cross- border fraud, international cooperation between Taiwan and APG is also a top priority.
Actor Darren Wang (王大陸) was questioned by prosecutors for allegedly orchestrating an attack on a taxi driver after he was allegedly driven on a longer than necessary route in a car he disliked. The questioning at the New Taipei City District Prosecutors’ Office was ongoing as of press time last night. Police have recommended charges of attempted murder. The legally embattled actor — known for his role in the coming-of-age film Our Times (我的少女時代) — is under a separate investigation for allegedly using fake medical documents to evade mandatory military service. According to local media reports, police said Wang earlier last year ordered a
CAUTION: Based on intelligence from the nation’s security agencies, MOFA has cautioned Taiwanese travelers about heightened safety risks in China-friendly countries The Ministry of Foreign Affairs (MOFA) yesterday urged Taiwanese to be aware of their safety when traveling abroad, especially in countries that are friendly to China. China in June last year issued 22 guidelines that allow its courts to try in absentia and sentence to death so-called “diehard” Taiwanese independence activists, even though Chinese courts have no jurisdiction in Taiwan. Late last month, a senior Chinese official gave closed-door instructions to state security units to implement the guidelines in countries friendly to China, a government memo and a senior Taiwan security official said, based on information gathered by Taiwan’s intelligence agency. The
President William Lai (賴清德) should protect Taiwan Semiconductor Manufacturing Co (TSMC), and stop supporting domestic strife and discord, former president Ma Ying-jeou (馬英九) wrote on Facebook yesterday. US President Donald Trump and TSMC on Monday jointly announced that the company would invest an additional US$100 billion over the next few years to expand its semiconductor manufacturing operations in the US. The TSMC plans have promoted concern in Taiwan that it would effectively lead to the chipmaking giant becoming Americanized. The Lai administration lacks tangible policies to address concerns that Taiwan might follow in Ukraine’s footsteps, Ma wrote. Instead, it seems to think it could
Taiwan Semiconductor Manufacturing Co (TSMC), the world’s largest contract chipmaker, said yesterday that it is looking to hire 8,000 people this year, at a time when the tech giant is expanding production capacity to maintain its lead over competitors. To attract talent, TSMC would launch a large-scale recruitment campaign on campuses across Taiwan, where a newly recruited engineer with a master’s degree could expect to receive an average salary of NT$2.2 million (US$60,912), which is much higher than the 2023 national average of NT$709,000 for those in the same category, according to government statistics. TSMC, which accounted for more than 60 percent
RSS