Recent Anti-Money-Laundering Efforts in Taiwan

1. Introduction The Republic of China ("Taiwan") has encountered episodes of money laundering of illicitly gained proceeds for the past several years. Further, in addition to the internationalization of money laundering, the lack of a money-laundering regulation has inflicted on Taiwan significant difficulties in countering money laundering. As a result, Taiwanese authorities are experiencing increasing pressure to combat this money laundering problem... [more]