The FSC recently imposed a fine on Taishin International Bank after discovering that a former relationship manager at the bank had engaged in abnormal fund transactions with customers. These failures constituted violations of Article 45-1, Paragraph 1 of the "Banking Act" as well as Article 3 and Article 8 of the "Implementation Rules of Internal Audit and Internal Control System of Financial Holding Companies and Banking Industries," enacted in accordance with Article 45-1, Paragraph 1 of the "Banking Act." The FSC imposed an administrative fine of NT$8 million on the bank in accordance with Article 129, Subparagraph 7 of the same Act.