Implementation of Prevention Work

Board Operations and Government Policy

The Board implements its work in conjunction with government policy, and includes the "stabilization of prices and discouragement of hoarding and causing price inflation".

Combating Economic Crime

To strengthen its ability to combat criminal activities that affect everyday life and to eliminate the fear of such crime from the general public, the Board has formulated the following measures:

• Implementation Plan of the Prosecution Authority for Projects that Combat Economic Crime
• Guidelines for the Implementation Plan of the Taiwan High Prosecutors Office for Combatting Crimes that Impact People's Livelihoods

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 artificial price rises. The Board also works with the competent authorities in conducting administrative inspections.

Complaint Mechanism and Public Awareness

As of December 6, 2011, the Board has assumed the role as the Executive Yuan's "window for lodging complaints on the 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. The Board also carries out the following activities:

• Posting online articles on external networks
• Conducting joint promotions in respective field offices and stations
• Coordinating promotion 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 research reports on the topic, and the establishment of archives to serve as references during investigations.

Economic Crime Prevention and Research

Economic Crime Prevention and Research

Regarding the existing economic situation, irregular economic activities, new types of economic crime, and key industrial and commercial enterprises in poor financial health, the Board compiles annual economic crime prevention and research reports to study preventive measures and to serve as a reference for relevant authorities. The Board also holds in-depth discussions on completed cases, and examines potential administrative oversight or legal loopholes and possible causes of such crimes. It then proposes specific improvements to prevent recurrence.

Economic Crime Electronic Archive

The Board has established and maintains an electronic archive for storing information on new-style major economic crime for reference during prevention and investigation activities.

Corruption Prevention and Financial Monitoring

The Board focuses on the prevention of corruption and negligence, and examines large-scale bounced 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 work is conducted to uncover suspected cases first-hand of embezzlement of funds by insiders, draining of corporate funds, or involuntary winding-up procedures.

Market Surveillance and Warning Systems

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 on the stock market.
• The use of financial derivatives by foreign (mainland China) enterprises and financial institutions in conducting irregular stock or foreign exchange market operations, or those involving real estate.

Database-Driven Inspection Workflow

Database Utilization for Bill Inspection

The Board utilizes various types of databases as part of a comprehensive workflow for the selective inspection of large-scale bill returns by companies and businesses. Following analysis, the Board identifies key groups and suspected check-sale groups, and subsequently forwards its findings to field units for further investigation.

Studies and Discussions with Academics and Experts on Preventing Economic Crime

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

Promoting Anti-Corruption Experience Exchange and Corporate Governance

Along with field offices and stations, the Bureau regularly exchanges anti-corruption experiences with enterprises through visits to enterprise groups, science and tech industrial parks, and industrial and commercial organizations and institutions. It assists enterprises in promoting corporate governance and establishes liaison windows to foster stronger partnerships between the Bureau and the business sector.