Brief: Mega Financial says it will ask ex-chairman for compensation after U.S. regulator fined branch

Mega Financial Holding Co

23/09/2016 12:10

Sept 23 (Reuters) - Mega Financial Holding Co Ltd  2886.TW  
says: 
    * It will ask ex-chairman, president for T$5.71 billion 
($182 million) in compensation after a bank branch was fined by 
the New York financial regulator. 
    * State-run Mega has agreed to pay $180 million to New York 
state's financial regulator for anti-money laundering violations 
that included lax attention to risk exposure in Panama. 
 urn:newsml:reuters.com:*:nL3N1B0416 
    * Taiwan's financial regulator has said it fined Mega T$10 
million.  urn:newsml:reuters.com:*:nL3N1BQ322 
 
     
Further company coverage:  2886.TW  
 
 (Reporting by Faith Hung) 
 ((faith.hung@thomsonreuters.com;))