The FSC recently imposed an administrative fine of NT$2 million on Cathay United Bank after discovering numerous recent occurrences of information system irregularities affected the ability of customers to enjoy stable access to financial services. Related deficiencies show that Cathay United has failed to establish a good internal control system or properly implement it, which constitutes a violation of Article 45-1, paragraph 1 of the "Banking Act." The fine was imposed pursuant to subparagraph 7 of Article 129 of the same Act. Also, acting on the authority of Article 61-1, paragraph 1, subparagraph 9 of the "Banking Act," the ordered that—with respect to new off-premises automatic teller machines (ATMs) that Cathay United received permission from the FSC to set up in 2022—the bank must suspend the setting up of such ATMs except for barrier-free ATMs and ATMs in financially underserved areas.