1. Date of disciplinary action: May 7, 2021
2. Object of disciplinary action：Time Security Investment Consultant Co., Ltd. (hereinafter referred to as “Time Security Investment Consultant”)
3. Legal basis for the disciplinary action：Paragraph 4, Article 9 of the Money Laundering Control Act and Article 13 of the Regulations Governing Anti-Money Laundering of Financial Institutions.
4. Fact of law violation：Time Security Investment Consultant had cash transaction entries of more than NT$500,000 for providing securities investment consulting services on January 18, 2019, but had not report the transaction to the Investigation Bureau, Ministry of Justice within five business days after the completion of transaction. This is a violation of Article 13 of the Regulations Governing Anti-Money Laundering of Financial Institutions.
5. Disciplinary action imposed：According to Paragraph 4 of Article 9 of the Money Laundering Control Act, the Company is to be fined NT$500,000.

Contact unit: Section Chief Tsai, Securities Investment Trust and Consulting Division, Securities and Futures Bureau
Tel: (02) 2774-7426