Regulatory Alerts2001-02-19
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 specific accounts at the Department of Banking. Although marked as inactive regulations as of the February 19, 2001 amendment date, the text defines the historical procedural standards for such financial guarantees.
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