The President promulgated the amendment to the Banking Act on June 24, 2015, adding that when conducting credit extension businesses, banks shall set a reasonable pricing structure that takes into account market interest rates, capital costs, operational costs, expected risks or losses, reasonable profits, clients' contributions and other factors, and shall not solicit or conduct credit extension businesses with unreasonable prices. Any local or foreign banks found to be in violation of the above provision may be subject to an administrative fine between NT$500,000 to NT$2,500,000.