TPEx hosts “Anti-Money Laundering and Regulatory Compliance” Seminar for Securities Brokers.


Seminar Report

In support of government policy to promote anti-money laundering measures and to enhance compliance by securities brokers, Taipei Exchange (TPEx) plans to host four seminars on the subject this year. Following the second seminar, the "Anti-Money Laundering and Regulatory Compliance Seminar for Securities Brokers" took place on Sep 25. More than 60 participants, including managers who in charge of brokerage trading and chief internal auditors from securities brokers, attended the event.

The moderator of the seminar was Deputy CEO, Bing Jing Huang. He indicated that the business of securities brokers are closely related to anti-money laundering. Taiwan is scheduled to undergo the APG (The Asia/Pacific Group on Money Laundering) mutual evaluation in 2018. To help Taiwan to obtain recognition in APG evaluation as well as to enhance the anti-money laundering regulatory compliance, TPEx hosts this seminar in the hope to share case information and implementation experience to help boost securities brokers’ execution performance.

The seminar invited experts to share anti-money laundering experiences. The keynote speaker was Special Agent Mr. Lien of MJIB Anti-Money Laundering Division who gave a talk on "Anti-Money Laundering Regulations and Real Cases" and another speaker was Fubon Securities Vice President and Chief Compliance Officer Chiaoching Cheng, introduced "Securities Brokers Regulatory Compliance System and Practice Sharing”. Thereafter, seminar attendees enthusiastically asked a lot of questions, the speakers and TPEx made suggestions and exchanged views on the subject of the seminar. This seminar was a great success and is expected to bring the anti-money laundering practices in Taiwan in line with international standards and lift the anti-money laundering and compliance performance of our securities companies to the next level.