A Cathay Trust Investment manager, Kuo Ming-chien, has faced scrutiny after revelations of simultaneously holding a board director position at Yung Cheng Investment, a company Cathay Trust invests in. This follows Kuo’s recent resignation from the Cathay Trust board on Monday. Taiwan’s Financial Supervisory Commission (FSC) has mandated an investigation into potential conflicts of interest and compliance breaches. The FSC is requesting a comprehensive review of Cathay Trust’s internal controls and oversight mechanisms. Concerns center on whether Kuo’s dual role compromised the fiduciary duties owed to Cathay Trust investors. The investigation aims to determine if any preferential treatment was given to Yung Cheng Investment due to Kuo’s position. Further details regarding the scope and timeline of the investigation are pending release from the FSC.