Reported about 1 year ago
The Finance Ministry in Taiwan is cracking down on fake accounts and individuals used as loan proxies. They have instructed major banks to report monthly on three key points regarding risky behaviors, and are investigating new loan applications for Qing'an since April 1st. The final version of the Qing'an agreement now includes stricter conditions for those who have previously applied for the old Qing'an, with one 'exemption' opportunity allowed. The Ministry has specified criteria for abnormal transcripts, suspected loan proxies, and abnormal fund flows that must be reported monthly.
Source: YAHOO