When a salesperson of Farglory Life Insurance Inc. collected premium payment in cash and handled policy loans, she failed to adhere to the Directions for Collecting Premiums Authorized by Insurance Enterprises and the Guidelines for Security Operations Control Handling Procedure drawn up by the company, and the company also failed to save related checking records, amongst other actions not in accordance with regulations. In doing so, Farglory Life Insurance Inc. failed to meet the requirements of Subparagraph 2, Paragraph 1, Article 5 of the Regulations Governing Implementation of Internal Control and Auditing System of Insurance Enterprises. In response, the FSC imposed a fine of NT$1.2 million on the company under Paragraph 4, Article 171-1 of the Insurance Act.