Responding to APG (Asia/Pacific Group on Money Laundering) 3rd round assessment on Taiwan in October, 2018, the Anti-Money Laundering Office, Executive Yuan, was established. Afterwards, the Money Laundering Control Act was amended by the Legislative Yuan, and the act, aiming to require more professionals to report to the authorities when any suspicious financial transactions by their clients appear, would go into effect on June 28. In light of the rapid development mentioned above, this seminar, Anti-Money Laundering and Corporate Governance, invited the professionals of the anti-money laundering to share their experience with the audience, and had some deep discussions in the hope of making significant progress in the system of anti-money laundering.
This seminar aimed to help the local professionals grasp the global trend of anti-money laundering in recent years. Therefore, the audiences were limited to professors, lawyers, accountants, and bank-related officers.
The title of the seminar, Anti-Money Laundering and Corporate Governance, showed that we concerned not only about the issue of the financial institution preventing money laundering, but also about the relation between anti-money laundering and corporate governance. The legislator, Chien-Ming, Ker, was invited to be a keynote speaker and tell the audience how important the system of anti-money laundering should be nowadays. The first round of the seminar was mainly about the counter-money laundering cases that had been conducted in Taiwan and other countries. The prosecutor, Pei-Ling, Tsai, and the former manager of Hang Sheng Bank, Bonnie Sok In, Chin were invited to deliver a lecture and share their experience. The second round of the seminar focused on the relation between anti-money laundering and corporate governance. The first topic, “Company Secretary’s Role in AML─Hong Kong Overview”, was delivered by the Chief Executive of Hong Kong ICS, Samantha Suen. After that, the accountant from KPMG, Kuo-Chu, Ma, talked about the corporate governance in the view of anti-money laundering law.
