[Taishin FHC] Announcement Regarding FSC Penalty on Subsidiary Taishin Bank
Key facts
- [Taishin FHC] Announcement Regarding FSC Penalty on Subsidiary Taishin Bank
- Taishin FHC announced that its subsidiary, Taishin Bank, was fined NT$14 million by the FSC for internal control failures and suspended from certain high-asset wealth management services for one month.
- Source: PR Times
- Date: May 26, 2026
Direct answer
Taishin FHC announced that its subsidiary, Taishin Bank, was fined NT$14 million by the FSC for internal control failures and suspended from certain high-asset wealth management services for one month.
- Citation
- [Taishin FHC] Announcement Regarding FSC Penalty on Subsidiary Taishin Bank (May 26, 2026), PR Times
- Source
- PR Times
- Date
- May 26, 2026
Taishin FHC announced that its subsidiary, Taishin Bank, was fined NT$14 million by the FSC for internal control failures and suspended from certain high-asset wealth management services for one month.
📋 Article Processing Timeline
- 📰 Published: May 26, 2026 at 09:00
- 🔍 Collected: May 27, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 31, 2026 at 19:11 (107h 10m after Collected)
1. Date of occurrence: 115/05/26. 2. Subject: Taishin Bank. 3. Reason: Violation of the Banking Act. 4. Process: During the 114 general business inspection, the FSC found deficiencies in internal control systems. 5. Penalty: NT$14 million fine. Suspension of new high-asset client financial products and services, and suspension of trial business in the Kaohsiung Asset Management Zone for one month. Resumption subject to FSC approval. 6. Fine: Yes. 7. Amount: NT$14,000,000. 8. Expected loss: None. 10. Improvement: Measures have been taken to ensure no recurrence.
FAQ
What is the FSC?
The Financial Supervisory Commission of Taiwan.
What are the key facts in this article?
Taishin FHC announced that its subsidiary, Taishin Bank, was fined NT$14 million by the FSC for internal control failures and suspended from certain high-asset wealth management services for one month.
What is the direct answer?
Taishin FHC announced that its subsidiary, Taishin Bank, was fined NT$14 million by the FSC for internal control failures and suspended from certain high-asset wealth management services for one month.