Regulatory Alerts2019-02-13
Directions on the Opening and Use of Interbank Funds Transfer Guarantee Special Accounts by Financial Institutions
The Central Bank of the Republic of China (Taiwan) issued these directions to regulate the opening and utilization of interbank funds transfer guarantee special accounts by financial institutions. The document establishes the operational framework and compliance requirements for maintaining these accounts at the Department of Banking. These regulations were last amended on February 13, 2019, with amendments becoming effective on February 15, 2019.
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