Far Eastern International Bank (TPE:2845) was fined NT$2 million by Taiwan's Financial Supervisory Commission Banking Bureau for failing to establish and implement an internal control system, according to a Tuesday filing.
The bank said it will take corrective action in line with the regulator's guidance and requirements.
It added that the information security and internal data management issues were assessed to have no significant impact on its financial and business operations, and that operations are running normally.
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