Date of announcement 2022/08/03
Time of announcement 05:17:18
Date of events 2022/08/02
To which item it meets paragraph 39
1.Date of occurrence of the event:2022/08/02
2.Circumstances of the violation:
FSC discovered China Life’s violations of relevant insurance
regulations after auditing CDF’s business affairs.
3.Monetary amount of fines:NT$6 million
4.Status of the injunction by the respective competent authority:
A penalty of NT$6 million and 1 deficiency in accordance with the
Insurance Act.
5.Intended improvement measures:
Relevant improvement measures in accordance with the opinions of
the competent authority
6.Effect on the Company’s business operations:None
7.Any other matters that need to be specified:None