Regulatory Alerts2002-10-15
Regulations on the Handling of Counterfeit, Altered and Imitation New Taiwan Dollar Notes and Coins by Financial Institutions
The Central Bank of the Republic of China issued these regulations to establish standardized procedures for financial institutions handling counterfeit, altered, and imitation New Taiwan Dollar notes and coins. The rules mandate specific protocols for the identification, seizure, and reporting of suspect currency to ensure the integrity of the national monetary system. These requirements were last amended on October 15, 2002, to maintain compliance with current banking operational standards.
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