2887 Taishin Financial: Penalty Imposed on Subsidiary Taishin Bank by FSC

1. Date of event: 115/05/26. 2. Subject: Taishin Bank. 3. Reason: Violation of the Banking Act Article 61-1 and 129. 4. Process: During the 114 general business inspection, the FSC found that Taishin Bank failed to establish and implement internal control systems, posing risks to sound operations. 5. Penalty: 14 million TWD fine. Suspension of new high-net-worth client services and trial business in the Kaohsiung Asset Management Zone for one month. Resumption is subject to FSC approval of improvements. 6. Future measures: Review and improve deficiencies to prevent recurrence.