The money laundering scandal surrounding Mega Bank is causing serious damage to the reputation of Taiwan’s government and financial industry, and action must be taken to close the loopholes that allowed officials of the bank to transfer huge amounts of funds overseas. Those who carried out this breach of finance rules and regulations must be brought to justice, and the government must ensure that the people can have confidence in the nation’s banking system and the officials who oversee its operations. Reform is needed to allow citizens to monitor the actions of officials and oust those who break the law.