The FSC fined Taishin International Bank
2020-07-28
The FSC recently imposed an administrative fine of NT$8 million on Taishin International Bank in respect of the bank’s violation in paragraph 1 of Article 45-1 of the Banking Act involving deficiencies in its sales of investment-linked insurance policies to customers who took out mortgage loans and policy loans to finance their purchases. The fine was imposed pursuant to subparagraph 7 of Article 129 of the same Act.
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Update:
2020-07-28