Regulatory Alerts1999-06-24
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. Originally announced on January 24, 1983, the regulations were last amended on June 24, 1999, to ensure compliance with current financial standards. This inactive regulation defines the mandatory procedures and requirements for verifying that financial entities maintain sufficient liquid assets as mandated by central bank oversight.
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