Convening of Board on Economic Crime Prevention

Overview of the Board on Economic Crime Prevention

In May 1979, the Executive Yuan formulated effective prevention policies specifically addressing the status of economic crimes, financial measures, and major cases, with the goal of comprehensively preventing economic crimes. The Executive Yuan also directed the Bureau to coordinate with relevant units to establish a special project team, which convened the "Board on Economic Crime Prevention" (the Board).

The composition of the Board has undergone several changes over time. Currently, its members consist of 16 government authorities:

• Fair Trade Commission
• Financial Supervisory Commission (FSC), including the Securities and Futures Bureau, Banking Bureau, Insurance Bureau, and Inspection Bureau
• Ministry of the Interior (National Police Agency and National Immigration Agency)
• Ministry of Foreign Affairs (Bureau of Consular Affairs)
• Ministry of Economic Affairs (Department of Commerce and Taiwan Intellectual Property Office)
• Ministry of Justice (Department of Prosecutorial Affairs, Taiwan High Court Prosecutor's Office, and Investigation Bureau)
• Ministry of Finance (Customs Administration, Taxation Administration)
• Ministry of Digital Affairs (Administration for Digital Industries)

In addition to conducting economic crime prevention work according to their respective roles, Board members periodically convene meetings. These meetings are chaired by the Director of the Bureau, with officers from the Executive Yuan, Judicial Yuan, and National Security Bureau attending as observers.

Functions of the Board

• Combining financial, economic, judicial, and foreign affairs powers to effectively combat economic crimes as an integrated body.
• Collecting information on economic crimes through the Board as a platform to implement preemptive prevention measures.
• Discussing existing major economic crimes to distill effective counter-measures for implementation.
• Analysis of Financial Policies and Economic Measures
• Legal Recommendations
• Coordination of Economic and Financial Crime Prevention