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Executive Yuan Major Policies - Next-generation anti-fraud strategy guidelines, version 1.5

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  • Last updated:2024-06-19
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Next-generation anti-fraud strategy guidelines, version 1.5

In recent years, there has been a dramatic rise in new forms of online and telephone fraud. To crack down on these offenses and protect society, the Executive Yuan formulated a set of next-generation anti-fraud strategy guidelines in July 2022, and issued an upgraded version 1.5 of the guidelines in May 2023. Version 1.5 focuses on the four areas of identifying, preventing, intercepting and punishing fraud, to accomplish the three goals of reducing exposure, reducing deception and reducing harm caused by fraud.

The government has recently amended five laws to fight fraud—the Criminal Code of the Republic of China, Human Trafficking Prevention Act, Personal Data Protection Act, Money Laundering Control Act, and Securities Investment Trust and Consulting Act. On May 9, 2024 the Executive Yuan furthermore approved a draft bill on fraud crime harm prevention, as well as a complementary draft bill on the use and oversight of science and technology in investigations, and complementary draft amendments to the Communication Security and Surveillance Act and Money Laundering Control Act. This new raft of legislation aims to tackle the ever-evolving forms and methods of criminal fraud, and ensure greater security for people's property and assets.

for more details, you can visit the following website (Open new window):

https://english.ey.gov.tw/News3/9E5540D592A5FECD/df8e5cf1-d2ca-4e5f-83b3-501aeaf1dcfb

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