Brief: Taiwan appoints former economist as Financial Supervisory Commission's vice chairperson

Mega Financial Holding Co

01/11/2016 03:49

Nov 1 (Reuters) - Taiwan's government said on Tuesday: 
   * It has appointed Cheng Cheng-Mount as vice chairperson of 
the Financial Supervisory Commission. 
   * The appointment comes as his predecessor stepped down amid 
a government probe into Mega Financial Holding  2886.TW  after 
U.S. authorities fined state-run Mega $180 million for money 
laundering rules breaches at its New York branch.  urn:newsml:reuters.com:*:nL3N1B0416 
 urn:newsml:reuters.com:*:nL4N1CQ1B9 
    * Cheng was previously president of Agricultural Bank of 
Taiwan and an economist with Citibank in Taipei, among others. 
 
 (Reporting by Faith Hung) 
 ((faith.hung@thomsonreuters.com;))