Prevention of Money Laundering and Terrorist Financing by Ministry of Justice of Taiwan

The Ministry of Justice in Taiwan works to prevent Money Laundering and Terrorist Financing. This means they monitor financial activities to stop illegal money use and protect national security. The ministry sets rules and guidelines for banks and businesses to follow, ensuring they report suspicious transactions. They also provide training and resources to help organizations recognize and respond to potential risks. By enforcing strict regulations, the ministry aims to create a safe financial environment, which is essential for maintaining trust in the economy and compliance with international standards.