Regulatory Alerts1988-08-26
Directions for Auditing Liquid Reserves of Financial Institutions
The Central Bank of the Republic of China issued the Directions for Auditing Liquid Reserves of Financial Institutions to establish regulatory standards for liquidity management. These directions mandate specific auditing procedures that financial institutions must follow to ensure compliance with liquid reserve requirements. The regulations were originally announced on January 24, 1983, and subsequently amended on August 26, 1988, to refine the oversight framework.
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