In a targeted examination, the FSC found that First Commercial Bank had shortcomings when handling anti-money laundering, counter financing of terrorism and counter proliferation matters in violation of articles 7 and 9 of the Money Laundering Control Act and Paragraph 1 of Article 45-1 of the Banking Act and giving rise to the concern of its sound operation. The FSC issued a fine of NT2 million under Subparagraph 7 of Article 129 of the Banking Act at the time the conduct occurred.