2021 年 12 月 1 日

Draft Summary of “Money Laundry and Terrorist Financing Prevention for Third Party Payment Services” (Taiwan)

Sean Liu, Doris Hsu and Lilian Hsu With the increasing acceptance of contactless transactions, the position of third-party payment services in assisting cash flows is becoming more and more important. In order to complete the regulation of anti-money laundry policy, the Ministry of Economic Affairs announced a draft which puts third party payment services industry under regulation. This article will give an introduction on the draft.