FSC Issues NT$22.38 Million in Fines in Q1, Down 63% Year-on-Year; Both Fines and Cases Decline
Key facts
- FSC Issues NT$22.38 Million in Fines in Q1, Down 63% Year-on-Year; Both Fines and Cases Decline
- Taiwan's Financial Supervisory Commission (FSC) announced that it issued a total of NT$22.38 million in fines in the first quarter, a significant decrease of 63% compared to the same period last year. Both the total fine amount and the number of cases saw a decline.
- Source: PR Times
- Date: April 8, 2026
Direct answer
Taiwan's Financial Supervisory Commission (FSC) announced that it issued a total of NT$22.38 million in fines in the first quarter, a significant decrease of 63% compared to the same period last year. Both the total fine amount and the number of cases saw a decline.
- Citation
- FSC Issues NT$22.38 Million in Fines in Q1, Down 63% Year-on-Year; Both Fines and Cases Decline (April 8, 2026), PR Times
- Source
- PR Times
- Date
- April 8, 2026
Taiwan's Financial Supervisory Commission (FSC) announced that it issued a total of NT$22.38 million in fines in the first quarter, a significant decrease of 63% compared to the same period last year. Both the total fine amount and the number of cases saw a decline.
📋 Article Processing Timeline
- 📰 Published: April 8, 2026 at 23:07
- 🔍 Collected: April 9, 2026 at 00:00 (53 min after Published)
- 🤖 AI Analyzed: April 20, 2026 at 10:27 (274h 27m after Collected)
The top three fines in the first quarter were: Jko Pay's responsible person was fined NT$600,000 for deficiencies in violating part-time employment restrictions. Secondly, Tombest Co., Ltd. was fined NT$260,000 for inadequate control measures in handling small foreign remittances for migrant workers. Lastly, First Bank and Taipei Fubon Commercial Bank were each fined NT$20,000 for violating personal data protection laws.
The FSC's Insurance Bureau statistics show that in the first quarter, a total of 6 cases were handled, with fines totaling NT$7.55 million, representing a year-on-year decrease of 53% and 52% respectively. The top three fines were: Shin Kong Life was fined NT$3.95 million for deficiencies in real estate and personal data management. Secondly, Cathay Century Insurance was fined NT$1.2 million. Thirdly, Cathay Century Insurance, Shin Kong Life, Taiwan Reinsurance Company, and Hongtai Life were each fined NT$600,000.
The FSC's Securities and Futures Bureau noted that in the first quarter, the securities, futures, and investment trust industries saw 6 cases and fines totaling NT$2.94 million, a decline compared to the 16 cases and NT$8.94 million in the same period last year. For listed and OTC companies, there were 53 cases in the first quarter with fines totaling NT$10.99 million, an increase from the 51 cases and NT$11.48 million in the same period last year, but the fine amount decreased year-on-year.
Observing the larger fines in the securities, futures, and investment trust industries in the first quarter, they were, in order: Hua Nan Securities NT$900,000, Chih Ho Securities NT$600,000, and Mega Securities NT$600,000. (Editor: Yang Kaixiang) 1150408
Keywords: Finance
FAQ
What was the total penalty amount imposed by the Financial Supervisory Commission in the first quarter?
The Financial Supervisory Commission imposed a total penalty of 22.38 million yuan in the first quarter, a significant decrease of 63% compared to the same period last year.
Which financial sectors received higher penalty amounts?
Listed and OTC companies were penalized 10.99 million yuan, Shin Kong Life Insurance was fined 3.95 million yuan for real estate and personal data management issues, and the head of Street Payment was fined 0.6 million yuan for violating part-time job restrictions.
Has the number of penalties also decreased?
The overall number of penalties has decreased compared to the same period last year, but the number of penalties for listed and OTC companies has slightly increased.