1.Date the fine was imposed: 10 September, 2020. 

2.Recipient of the fine: Concord Futures Corp. (hereinafter "Concord Futures") and its associated person Fu (hereinafter " Fu ").

3.Legal basis of the fine: Article 2, paragraph 2 , Article 55, subparagraph 23 of the Regulations Governing Futures Commission Merchants. Article 16, paragraph 2 of the Regulations Governing Responsible Persons and Associated Persons of Futures Commission Merchants.

4.Facts of the violation and reasons: Concord Futures handled the screening operations for traders placing order online from the same IP address, but the screening program was set to only screen domestic futures trading and the trading at the same business place. Besides, its associated person Fu used a mobile phone and did not use the internal network of Concord Futures to conduct futures trading at the business place of Concord Futures during working hours. These were not in compliance with the internal control system of Concord Futures. All such facts were found to be in violation of futures regulations.

5.Resulting fine: An administrative fine of NT$240,000 was imposed on Concord Futures pursuant to Article 119, paragraph 1, subparagraph 2 of the Futures Trading Act; pursuant to Article 101, paragraph 1 of the same Act, Fu is suspended from performing futures trading business for 1 month.