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CHB announcement of the explanation with regard to the FSC disposition order.

  1. 1.Date of occurrence of the event:2018/07/05
  2. 2.Circumstances of the violation:The FSC issued a disposition order to CHB due to the misappropriate behavior conducted by employees of the Dongguan branch in accordance with Paragraph 1, Article 45-1 of the Banking Act.
  3. 3.Amount of administrative fines:NTD 3 million
  4. 4.Status of the disposition by said competent authority:A disposition order for fine of NTD 3 million was given on 2018/7/5.
  5. 5.Intended remedial measures:CHB has actively taken and implemented relevant measures.
  6. 6.Effect on the Company’s business operations:None
  7. 7.Any other matters that need to be specified:None