Taiwan FSC Flags Mule Accounts, Property Lending and VASP Oversight in Second-Half 2025 Inspections

Taiwan’s Financial Supervisory Commission regularly discloses common deficiencies identified under its financial examination guidelines to help financial holding companies, domestic banks and other firms strengthen internal controls. The latest review covered 12 sectors and focused on four areas: fraud and money-laundering prevention, consumer protection, cybersecurity and property lending. The findings are relevant to efforts to curb the use of mule accounts for property speculation, fraudulent fund flows and virtual-asset risks.

The FSC released the results of its second-half 2025 inspections on March 19, 2026. It found that banks had failed to investigate rapid successive property transactions, the sources of large cash deposits or third-party remittances, and the use of large working-capital loans. The report did not disclose the amounts involved in individual cases. The FSC inspected 12 virtual asset service providers in 2025. In 2026, it also required eight registered providers to report their business volumes and will select several for inspection after completing risk assessments.