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Explanation to the case of misappropriation of clients’money by the bank clerk

  1. 1.Date of occurrence of the event:2020/01/30
  2. 2.Company name:Chang Hwa Commercial Bank, Ltd.
  3. 3.Relationship to the Company (please enter ”head office” or ”subsidiaries”):Head office
  4. 4.Reciprocal shareholding ratios:N/A
  5. 5.Name of the reporting media:Apple Daily
  6. 6.Content of the report:The financial specialist of Chang Hwa Bank(“CHB”) was suspected of covering the acts of misappropriation of clients’money, and the reply from the bank is the bank will be responsible for all possible losses.
  7. 7.Cause of occurrence:CHB has notified the case to the competent authority and reported it to the investigation office.
  8. 8.Countermeasures: CHB highly values and protects the rights and interests of our clients, and has notified the competent authority and reported it to the investigation office after actively discovering the case. CHB has also contacted the affected clients after happened; CHB will be responsible for the possible losses of the clients. Due to the principle of secret investigation, there’s no comment for the current status.
  9. 9.Any other matters that need to be specified:None