For shortcomings in credit checking and deposit and remittance operations with regard the Runyu Group, in violation of Article 45-1 of the Banking Act and Paragraph 1 of Article 7 of the Money Laundering Control Act or giving rise to concern about sound operation, the FSC imposed administrative sanctions on nine banks, namely, O Bank, Taiwan Business Bank, Hua Nan Commercial Bank, First Commercial Bank, Cathay United Bank, Taiwan Cooperative Bank, DBS Bank (Taiwan), Yuanta Commercial Bank and Mega International Commercial Bank. The FSC imposed fines of NT$500,000-2 million or issued reprimands under Subparagraph 7 of Article 129 and Paragraph 1 of Article 61-1 of the Banking Act or Paragraph 5 of Article 7 of the Money Laundering Control Act at the time of conduct.