Foreign Business and Enterprise Integrity Forum wraps up in Taipei

2020/07/17

The Foreign Business and Enterprise Integrity Forum wrapped up July 14 in Taipei City, spotlighting the government’s commitment to promoting corporate integrity and legal compliance while strengthening public-private anti-corruption partnerships to improve the local business environment.
 
 Co-organized by the Ministries of Justice and Finance and held in the National Central Library, the half-day event was attended by more than 200 academics, officials and representatives of businesses and non-government organizations from home and abroad.
 
 The forum comprised a speech, a presentation and a panel discussion spanning topics such as promoting corporate integrity and sustainable development through legal compliance, raising employees’ awareness of legal codes, fulfilling social responsibilities of enterprises and implementing anti-corruption strategies into corporate governance.
 
 According to MOJ Minister Tsai Ching-hsiang during his opening remarks, the forum demonstrates the government’s dedication to helping businesses implement ethical standards, openness and transparency in line with the U.N. Convention against Corruption. Evidence that efforts are paying dividends includes Taiwan’s rank as 28th in the 2019 Corruption Perception Index released by Germany-based Transparency International and the passage of the Whistleblower Protection Act by the Cabinet last year, he added.
 
 The sentiment was echoed by MOF Minister Su Jain-rong, who detailed actions taken by the ministry’s Customs Administration to make it easier for companies to understand and follow regulations. Following the integrity policy of Belgium-based World Customs Organization, the CA has streamlined its clearance procedures while enhancing communication with enterprises, he said, adding that a self-assessment system for businesses is also in the pipeline to further improve adherence to the law.
 
 Other high-profile attendees included Cheng Ming-chian, director-general of the MOJ’s Agency Against Corruption; Hsieh Ling-yuan, director-general of CA; and B.L. Huang, manager of Taiwan Stock Exchange Corporation’s Corporate Governance Department.

Source: Taiwan Today (https://taiwantoday.tw/index.php)