Brief: Taiwan says has consent to inspect Mega Financial branches in NY, Panama

Mega Financial Holding Co

28/08/2016 14:16

Aug 28 (Reuters) -  
    * Taiwan's Financial Supervisory Commission (FSC) on Sunday 
said it has received consent from the Federal Reserve Bank of 
New York and Superintendency of Banks of Panama to inspect 
banking branches of Mega Financial   2886.TW  in New York and 
Panama. 
    * Inspectors can start work on Monday, the FSC said. 
    * The move is the Taiwan government's latest investigation 
of state-run Mega Financial, the New York banking unit of which 
was fined $180 million by New York's state financial regulator 
for violating anti-money laundering regulations.  urn:newsml:reuters.com:*:nL3N1B62ZW  
     
     
Source text for Eikon:  urn:newsml:reuters.com:*:nL3N1B908O 
Further company coverage:  2886.TW  
 
 (Reporting by Faith Hung; Editing by David Goodman) 
 ((faith.hung@thomsonreuters.com; 8862 2500 4893; Reuters 
Messaging: faith.hung.thomsonreuters.com@reuters.net))