A Study of compliance function in banking - Focusing on Legal, Legal Compliance and Major Disciplinary Cases

• Main Authors: Su, Ming-Chun, 蘇明君
• Other Authors: Lin, Kuo-Chuan
• Format: Others
• Language: zh-TW
• Published: 2018
• Online Access: http://ndltd.ncl.edu.tw/handle/nhmkka

碩士 === 國立政治大學 === 法學院碩士在職專班 === 106 === This article is based on various amendments to the "Measures for the Implementation of Financial Controlling Companies and the Banking Internal Control and Audit System." It is based on the principle of obeying the supervisory role and the legal compliance system, and adopts traditional legal affairs, legal compliance, and domestic major offenses in the past six months (eg, CITIC Financial Holdings and Farglory Life Insurance stated that law enforcement complies with the independence and importance of the supervisor, and discusses the legal compliance and effectiveness of bank practices based on current laws and regulations. August 19 of last year, the largest and oldest overseas branch in Taiwan’s financial sector—Shandong Bank’s New York Branch—became the Department of Financial Services of New York (DFS) in the history of Taiwan’s finance for violating the money laundering control law. The maximum fine was $180 million and required 10 days to introduce DFS-designated legal compliance advisors. NT$5.7 billion in fines and high consulting fees. Let Taiwan's financial circles face government officials and financial institutions, regardless of major earthquakes in business or personnel affairs, or flipping.It is true that money laundering is the focus of important discussion. This article mainly discusses that other laws except for money laundering comply with the implementation of the system, the division of labor and cooperation of legal and legal compliance roles, the risk of money laundering operations for system monitoring, and whether financial services should also establish regulatory risk monitoring? The auditing system implementation method has been best illustrated and witnessed. In addition to system monitoring, the review and advisory roles need to rely on the strengthening of the role of legal and legal compliance roles. Only then can there be a way to make the financial business decree compliance system a good cycle. At present, there is no discussion about the role of legal affairs and the clarification of the role of legal compliance. According to the current business model, consultation and review can not be quantified to be a performance value. In terms of business operations, legal compliance and legal affairs should be different, and it has always been an enterprise law. In compliance with the legal staff's inability to state clearly, whether it is possible to take compliance with the ordinances while operating performance? In the past few years, due to Shuo An's problems causing business closures and withdrawal from the market Something has happened. Through the transparent market mechanism, the need for sustainable development of the company is maintained, and compliance with laws and regulations is bound to contain and cooperate. The so-called cooperation is not such as the use of whistle blowers, but the establishment of a whistleblower mechanism allows companies to confirm the avoidance of artificial fraud. This is particularly true for financial institutions. The competent authorities have already seen the direction. The industry should confirm the role played by the legal and legal compliance roles and how to implement the establishment of the effectiveness of the consultation and review system. This is the original intention of this article.