Taiwan police instructed to sweep illegal money exchanges in preparation for international audit

Taiwan News
Date: 2018/09/26
By: Scott Morgan, Taiwan News, Staff Writer

TAIPEI (Taiwan News) – In preparation for a field assessment by the Asia

Pacific Group on Money Laundering, the Taiwan High Prosecutors Office instructed the National Police Agency to dissolve money laundering operations across Taiwan on Sept. 26.

According to the Liberty Times, a joint investigation between Taiwanese authorities will lead to prosecutions in relation to six syndicates which are breaking anti-money laundering laws.

Police mobilized hundreds of officers, interviewing dozens of suspects and associates across Taiwan, reported China Times.

Taiwan will have its third field assessment by the Asia Pacific Group on Money Laundering in November, where Taiwan will hope to maintain its “low risk” grade from the regional body.    [FULL  STORY]