Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) 

1.Financial Action Task Force (FATF) Forty Recommendations, Methodology and Guidance

• FATF Recommendations (Updated 2018.10)
• Methodology (Updated 2019.2)
• Guidance on National Risk Assessment
• Guidance on AML/CFT measures and financial inclusion (Updated 2017.11)
• Guidance for a risk-based approach - prepaid cards, mobile payments and internet-based payment services
• Guidance on politically exposed persons
• Guidance for a risk-based approach - the banking sector
• Guidance for a risk-based approach - effective supervision and enforcement by AML/CFT supervisors of the financial sector and law enforcement
• Guidance on Correspondent Banking Services
   

2.Financial Supervisory Commission Strategy Map for Anti-Money Laundering and Counter Terrorism Financing

3. AML/CFT Regulatory Regime of Taiwan 

  (1) Laws

• Money Laundering Control Act (MLCA)
• Counter-Terrorism Financing Act 

  (2) Regulations

• Regulations Governing Anti-Money Laundering of Financial Institutions
• Regulations Governing Internal Audit and Internal Control System of Anti-Money Laundering and Countering Terrorism Financing of Banking Business and Other Financial Institutions Designated by the Financial Supervisory Commission
• Regulations Governing Reporting on the Properties or Property Interests and Locations of Designated Sanctioned Individuals or Entities by Financial Institutions
• Regulations Governing Anti-Money Laundering of Financial Leasing Enterprises
• Regulations Governing Internal Audit and Internal Control System of Anti-Money Laundering and Countering Terrorism Financing of Financial Leasing Enterprises
• Standards for Determining the Scope of Politically Exposed Persons Entrusted with Prominent Public Function, Their Family Members and Close Associates 

• Regulations Governing the Deposit Accounts and Suspicious or Unusual Transactions
• Rules Governing Offshore Banking Branches
• Directions for Confirming Customer Identity in Domestic Remittance Operations and Deposit Without Passbook of Financial Institutions
• Implementation Rules of Internal Audit and Internal Control System of Financial Holding Companies and Banking Industries
   

  (3) AML/CFT related Regulations and Guidances for OBU Sector

Rules Governing Offshore Banking Branches

Frequently Asked Questions on “Rules Governing Offshore Banking Branches”

Self-Regulatory Rules for Offshore Banking Units Accepting Account Opening by Offshore Customers and Investing in Trust Products on Behalf of Offshore Customers

Collection of registration enquiry websites of overseas registration authority or registered agent

Suggested Best Practices for Bank’s Controls over Tax-related Money Laundering Risks

OBU needs to be compliant with "all" AML/CFT laws and regulations since 1997

  (4) Self-regulatory Rules

     A.Financial Holdings

• Financial Holdings Anti-Money Laundering and Countering Terrorism Financing Information Sharing Practice

     B.Banks

• Model Guidelines for Banks' Anti-Money Laundering and Counter Terrorism Financing Policies and Procedures
• Annex: Red Flags for Transactions Suspected to Involve Money Laundering or Terrorism Financing
• Guidelines for Banks Regarding Assessment of Money Laundering and Terrorism Financing Risks and Relevant  Prevention Programs
• Suggested Best Practices for Banks to Combat Trade Based Money Laundering
• Suggested Best practices of Comprehensive Assessments of Risks Related to Money Laundering and Terrorism Financing by Banks
• Suggested Best Practices for Banks’ Controls over Tax-related Money Laundering Risks
   

• Model Guidelines for Trust Enterprises' Anti-Money Laundering and Counter Terrorism Financing Policies and Procedures 
   

• Model Guidelines for Bills Finance Companies' Anti-Money Laundering and Counter Terrorism Financing Policies and Procedures
• Annex: Red Flags for Suspicious Money Laundering or Terrorism Financing Transactions
• Guidelines for Bills Houses on Money Laundering and Terrorist Financing Risks Assessment and Relevant Prevention Program
   

4. Resources & Links 

• Anti-Money Laundering Division, Investigation Bureau, Ministry of Justice
• Financial Action Task Force on Money Laundering（FATF）
• The Asia/Pacific Group on Money Laundering（APG） 

5. FAQ

• FAQ of "Model Guidelines for Banks' Anti-Money Laundering and Countering the Financing of Terrorism and Related Requirements for Financial Institutions
• Anti-Money Laundering and Anti-Terrorism Financing Guidelines for the Banking Sector (Template) and Related Regulations: Q&A for the General Public