During the special examination of the real estate investment of Farglory Life, the FSC found that the company’s real estate investment, development and sales operations, related party transactions, audit operation of internal audit unit and anti-money laundering operation violated applicable regulations, which may also impede sound operation of the company. Hence the FSC imposes a fine of NT$8,500,000 on the company and issues 16 official reprimands in accordance with the Insurance Act and the Money Laundering Control Act.