1.    Date of sanction: December 10, 2025
2.    Object of sanction: SinoPac Securities Corporation (hereinafter referred to as “SinoPac Securities”)
3.    Legal basis for the sanction: Subparagraph 4, Paragraph 1, Article 178-1 of the Securities and Exchange Act; and Paragraph 2, Article 2 of the Regulations Governing Securities Firms.
4.    Facts of violation: From July 17 to 23, 2025, the Financial Examination Bureau of the Commission conducted a special inspection on operations outsourcing by securities firms at SinoPac Securities and found that when outsourcing operational tasks, SinoPac Securities failed to properly carry out the required outsourcing assessments in accordance with the “Directions for Operations Outsourcing by Securities Firms” and its internal regulations. For material outsourced matters, SinoPac Securities failed to establish enhanced control mechanisms and contingency measures as required, and also failed to conduct tests or drills of the contingency plans in accordance with its internal regulations. As of the examination reference date (June 30, 2025), the items of operations outsourcing by securities firms submitted to Taiwan Stock Exchange Corporation were found to be incomplete, which was determined to constitute a violation of Paragraph 2, Article 2 of the Regulations Governing Securities Firms.
5.    Sanction imposed: Pursuant to Subparagraph 4, Paragraph 1, Article 178-1 of the Securities and Exchange Act, a fine of NT$300,000 is imposed on SinoPac Securities.
Contact unit: Securities Firms Division, Securities and Futures Bureau
Tel: (02)2774-7130
If you have any questions, please write to mail