Seminar IV of Anti-Money Laundering and Regulatory Compliance for Securities Companies—Special Topic of Anti-Money Laundering


Seminar Report

In support of government policy to promote anti-money laundering (AML) measures and to enhance compliance by securities companies, Taipei Exchange (TPEx) hosted a series of four seminars on the subject this year. Following the third seminar, "Seminar IV of Anti-Money Laundering and Regulatory Compliance Seminar for Securities Companies—Special Topic of Anti-Money Laundering" took place on Nov 21. More than 70 participants, including board directors, board supervisors and general managers from securities companies, attended the event.

The moderator of the seminar was Managing Director and CEO of TPEx, Yu-ching Su. She indicated that the business of securities companies are closely related to AML. Taiwan is scheduled to undergo the APG (The Asia/Pacific Group on Money Laundering) mutual evaluation in 2018. To help Taiwan obtaining recognition in APG evaluation as well as enhancing the AML regulatory compliance, TPEx hosted this seminar in the hope to introduce AML Laws and Regulations to help improving securities companies’ execution ability.

The seminar invited experts to share AML related laws and regulations. The keynote speaker was Ministry of Justice Political Deputy Minister and Director of Anti-Money Laundering Office, Executive Yuan, Tsai Pi-chung, who gave a talk on " The Impacts and Prospects of AML on Financial Institutions" and another speaker was Section Chief of Securities and Futures Bureau, Hsiang-Yun Yu, who introduced "AML Regulations and Policy Implementation”. 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 AML practices in Taiwan in line with international standards and lift the AML and compliance performance of our securities companies to the next level.