2005-03-15
The Central Bank of the Republic of China issued these directions to establish the regulatory framework for auditing the liquid reserves of financial institutions. Originally announced on January 24, 1983, the regulations were last amended on March 15, 2005, to ensure ongoing compliance with monetary standards. These rules mandate specific auditing procedures to verify that financial entities maintain sufficient liquid assets as required by central bank oversight.
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Title: Directions for Auditing Liquid Reserves of Financial Institutions Inactive Regulations
Announced Date: January 24, 1983
Amended Date: March 15, 2005