By: Liu Shih-yi and Christie Chen
Taipei, July 26 (CNA) Taiwan was removed from the Asia Pacific Group on Money
Laundering (APG) watchlist last week following its efforts in recent years to beef up money laundering prevention, the Ministry of Justice said Wednesday.
In an interview with Reuters on Wednesday, Deputy Justice Minister Tsai Pi-chung (蔡碧仲) said Taiwan was the only jurisdiction removed from the 10-member watchlist, which also included Afghanistan, Brunei, Laos, the Maldives, Nepal, Pakistan, Papua New Guinea, the Philippines and Vietnam.
Taiwan was removed from the watchlist on July 20 during an APG meeting in Sri Lanka, after gaining support from other APG members, the ministry said in a statement that day. [FULL STORY]