1. Date the fine was imposed: 13 April, 2018. 

2. Recipient of the fine: Concord Futures Corp. (hereinafter "Concord Futures").

3. Legal basis of the fine: Article 2, paragraph 2 of the Regulations Governing Futures Commission Merchants.

4. Facts of the violation and reasons: Concord Futures conducted the offer and sale of the registered offshore funds without the Financial Supervisory Commission’s prior approval. Such facts were found to be in violation of futures regulations.

5. Resulting fine: Concord Futures was imposed a warning and an administrative fine of NT$240,000 pursuant to Article 100, and Article 119, paragraph 1, subparagraph 2 of the Futures Trading Act.