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Taiwan strengthens control over remittances between Taiwanese businessmen and the mainland Free Asia Radio Cantonese (FRG)
China-Taiwan relations stalled: after Taiwanese in Taiwan have recently been granted a residence permit, the Taiwanese side will strengthen control of Taiwanese businessmen and mainland remittance activities . Discounts for detailed transaction vouchers are prohibited. Lai Qingde, the dean of the administration, explained that this was in line with the prevention of international money laundering activities, not Taiwanese doing business on the continent. The Kuomintang has criticized the currency controls in force for 30 years, speculating that it would prevent Taiwanese businessmen from subsidizing the blue camp's election campaign. (Taipei Report 政 广)) Including semi-public banks holding the majority of government shares such as First Bank, Taiwanese companies have been tightly controlled for remittances. and from the continent. In the past, for remittances between the two sides of the strait, manufacturers had to prepare five years of relevant information for subsequent unannounced checks. However, as of Monday, the detailed transaction slip will be presented first, and the bank will decide whether to release it or not. The report pointed out that the policy only targeted Taiwanese businesspeople on the continent and did not enforce new regulations for remittances in other countries. Lai Qingde, chairman of the Executive Yuan, said Monday in a letter to the Legislative Yuan that Taiwan wanted Taiwanese businessmen to return to invest and wanted a return of funds to Taiwan, while improving the business environment. investments, but providing for the resettlement of foreign funds. Lai Qingde pointed out that to combat terrorist organizations, human trafficking, drug trafficking, etc., appropriate anti-money-laundering measures had been adopted, but that Taiwan needed to also respect its international obligations, but should not be considered as impeding the flow of Taiwanese capital. Lai Qingde said: As a member of the international system, we must participate. If we do not participate, we may have international financing problems, including financial and Taiwanese capital, so it is not appropriate to comply with international obligations. Taiwan. Reduce or even deliberately hijack to prevent Taiwanese businessmen from coming back, I think that is not correct. MAC chairman Chen Mingtong said that control was mainly part of the international fight against money laundering, which should be done and that the relevant reports are too exaggerated. Chen Mingtong said …
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