Regulatory Alerts2002-08-07
Directions for Auditing Liquid Reserves of Financial Institutions
The Central Bank of the Republic of China issued these directions to establish the regulatory framework for auditing the liquid reserves of financial institutions. The document outlines the specific requirements and procedures that financial entities must follow to ensure compliance with reserve maintenance standards. Originally announced in 1983 and last amended in 2002, these regulations remain a key component of the central bank's supervisory oversight mechanisms.
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