UFA receives voluntary grant from Chinese Taipei
On 22 May 2013 the Director-General of the Taipei Economic and Cultural Office in Sydney, Australia (Mr Joseph C. F. Chow) presented the first instalment of a two-year AUD$160,000 grant to the UFA. The grant is designed to assist Pacific Island UFA members and observers to more effectively implement the global AML/CFT standards by providing funds to:
-
sponsor Pacific delegates to UFA meetings in order to build further commitment to UFA policy and procedures.
-
assist Pacific delegates to more fully understand all aspects of the FATF’s ICRG process and the UFA enhanced follow-up process following mutual evaluations.
-
assist Pacific delegates to develop a further understanding of the revised FATF standards through assessor training and participation in UFA mutual evaluations.
Chinese Taipei is a strong supporter of UFA and of the Pacific sub-region in particular. This is the second voluntary grant by Chinese Taipei to assist the Pacific. The UFA welcomes the continuing support from Chinese Taipei.
Photo: Director General Joseph C.F. Chow, Taipei Economic and Cultural Office Sydney, Australia (on right) with UFA Executive Secretary.
