Mega Bank and Huanan Bank were each fined TWD 4 million fine for internal control failures which allowed cashiers to misappropriate customer funds.
June 10, 2022Taiwan’s FSC has fined seven financial institutions for regulatory violations including the improper payment of commissions.
January 12, 2022Mega Bank failed to detect over 28 mortgages applications that were made by dummy accounts due to poor internal controls.
June 9, 2021US Federal Reserve Board cites deficiencies in Mega Bank's operations, risk management and compliance controls in relation to AML and bank secrecy laws.
January 19, 2018Ex-chairman alleged to have offloaded stock in advance of US fine.
October 5, 2016FSC vice chairman also quits, chairman to be replaced by Huang Tien-mu.
October 4, 2016