Regulatory Alerts1999-05-05
Directions for Auditing Liquid Reserves of Financial Institutions
The Central Bank of the Republic of China issued these directions to establish the regulatory framework for auditing the liquid reserves of financial institutions. The document outlines the specific requirements and procedures that financial entities must follow to ensure compliance with reserve maintenance standards. Although originally announced in 1983, the regulations were last amended in 1999 to reflect current operational needs.
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