Implementation of Prevention Work

Board Operations and Government Policy

The Board implements its work in conjunction with government policy. Such work includes the "stabilization of prices and discouragement of hoarding and causing prices to rise."

Combating Economic Crimes

To strengthen its ability to combat criminal activities that affect everyday life and to remove fear from ordinary citizens, the Board has formulated the following:

• Implementation Plan of Prosecution Authority on Projects Combating Economic Crimes
• Operational Guidelines for the Implementation Plan of the Taiwan High Prosecutors Office to Combat Livelihood-Related Crimes

Since the formation of the Materials Price Project team on November 5, 2007, the Board has requested all field offices and stations to report on instances of hoarding and artificially raising prices. The Board has also worked with competent authorities regarding administrative inspection.

Complaint Mechanism and Public Awareness

Beginning on December 6, 2011, the Board assumed the role of the Executive Yuan's "window for lodging complaints on hoarding of goods," with the toll-free number 0800-007-007 serving as the complaint hotline.

To increase exposure, the Board has coordinated the dissemination of information by members of the "Executive Yuan Price Stabilizing Team." Additionally, the Board has carried out the following activities:

• Posting online articles on external networks.
• Conducting joint promotions at respective field offices and stations.
• Coordinating propaganda efforts by public and private units.

Documentation and Research

The Board is responsible for the compilation of annual reports on its economic crime prevention work, the production of topical research reports, and the establishment of archives to facilitate reference during investigations.

Economic Crime Prevention and Research

Regarding the existing economic situation, irregular economic activities, new types of economic crimes, and key industrial and commercial enterprises in poor financial operating status, the Board takes the initiative to compile annual reports on economic crime prevention work and topical research reports to study preventive measures for reference by superior or relevant authorities. For completed cases, the Board also conducts in-depth discussions and examines the possibility of administrative oversight or legal loopholes, as well as the possible causes for such crimes. It then proposes specific improvements in order to prevent the recurrence of such cases.

Electronic Archive for Economic Crimes

The Board establishes, on a sustained basis, an electronic archive for information on new-style major economic crimes for reference during prevention and investigation.

Corruption Prevention and Financial Monitoring

The Board focuses on the prevention of corruption and negligence and examines large-amount dishonored checks and bills to ensure better advance awareness of economic crimes.

Monitoring of Major Enterprises and Financial Institutions

The Board seeks to gain an in-depth understanding of the financial operations of major domestic enterprises and financial and insurance institutions that incur serious operating losses and face financial crises. This is done to uncover, at first hand, suspected embezzlement of funds by insiders, the draining of corporate funds, or involuntary winding-up.

Market Surveillance and Advance Warning

The Board seeks to strengthen its ability to provide advance warnings regarding:

• Insider trading, rigging of share prices, and irregular settlements by listed or OTC companies or specific individuals using the stock market.
• The use of financial derivatives by foreign (Mainland) enterprises and financial institutions to conduct irregular stock or foreign exchange market operations, or those involving real estate.

Database-Driven Inspection Workflow

The Board utilizes various types of databases to establish a comprehensive workflow for the selective inspection of large-volume bill returns by companies and businesses. Based on its analysis, the Board identifies key groups and suspected check-sale groups, subsequently forwarding these findings to field units for further investigation.

Studies and Discussions with Academics and Experts on Preventing Economic Crimes

The Board periodically hosts discussion forums focused on the prevention of economic crimes. Regarding completed economic crimes and issues uncovered during the collation of financial and economic information, the Board invites experts and academics in relevant fields, prosecutors, and officers from competent authorities to speak at these forums. They conduct in-depth analyses of causes, administrative oversights, regulatory loopholes, and other factors, while providing response measures and recommendations for improvement. The Board consolidates all relevant information and submits its views to superior and competent authorities for reference.

Promoting Anti-Corruption Experience Exchange and Corporate Governance

The Bureau, along with its field offices and stations, conducts sustained exchanges of anti-corruption experience with enterprises through visits to enterprise groups, science and hi-tech industrial parks, and industrial and commercial organizations and societies. It assists enterprises in promoting corporate governance and establishes liaison windows to foster stronger partnerships between the Bureau and the business sector.