Cathay United Bank fined NT$12 million for internal control lapses

12/29/2020 10:23 PM
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Taipei, Dec. 29 (CNA) Taiwan's Financial Supervisory Commission (FSC) on Tuesday fined Cathay United Bank (國泰世華銀行) NT$12 million (US$422,982) after one of its financial advisors was found to have misappropriated NT$17.32 million from clients' accounts.

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