All posts tagged "Mega Bank"
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632EnforcementTaiwan FSC Fined Seven FIs Over Regulatory Violations
Taiwan’s FSC has fined seven financial institutions for regulatory violations including the improper payment of commissions.
January 12, 2022 -
293AML / KYCTaiwan FSC Fines Mega Bank $10mn for Fake Mortgages
Mega Bank failed to detect over 28 mortgages applications that were made by dummy accounts due to poor internal controls.
June 9, 2021 -
835AML / KYCUS Fed Fines Taiwanese Bank $29mn for AML Failures
US 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, 2018 -
AML / KYC
Former Mega Bank Chairman Arrested in Taiwan
Ex-chairman alleged to have offloaded stock in advance of US fine.
October 5, 2016 -
AML / KYC
Taiwan FSC Chairman Steps Down Amid Mega Scandal
FSC vice chairman also quits, chairman to be replaced by Huang Tien-mu.
October 4, 2016
