Fraud Crime Hazard Prevention Act Article 13

If financial institutions and businesses or personnel providing virtual asset services meet any of the following circumstances, the competent financial authority may impose a fine of more than NT$0.2 million but less than NT$2 million and order them to make corrections within a period of time; an additional penalty shall be imposed for each failure to make corrections within the prescribed period of time.1. Having violated paragraph 2 of Article 8 by failing to provide relevant information to the informing party.2. Having violated paragraph 1 of Article 9 by failing to save data or deal records.3. Having violated paragraph 2 of Article 9 by failing to save data or deal records as long as required.4. Having violated paragraph 1, Article 10 by failing to keep aligned with the requirement to form a joint defense and alerting mechanism or failing to earmark the reported amounts or virtual assets for continued monitoring.If financial institutions and businesses or personnel providing virtual asset services meet any of the circumstances as prescribed in the subparagraphs of the preceding paragraph and it is a severe circumstance, the competent financial authority may impose a fine of more than NT$1 million but less than NT$10 million and order them to make corrections within a period of time; an additional punishments shall be imposed for each failure to make corrections within the prescribed period of time.