Regulatory Alerts2017-12-21
Added · Updated
Directions for Auditing Liquidity of Financial Institutions
The Central Bank of the Republic of China (Taiwan) requires financial institutions to maintain a daily liquidity reserve ratio not lower than a minimum standard set by the Bank in consultation with the Financial Supervisory Commission and the Council of Agriculture. Financial institutions must set aside eligible NTD-denominated assets daily, submit a Report of Liquidity Reserve Ratio to audit institutions by the 15th of each month, and report any reserve shortfalls promptly. Banks, the Agricultural Bank of Taiwan, and credit cooperatives must also submit a monthly Term to Maturity Analysis of NTD Assets/Liabilities report and manage their maturity gap ratio, reporting any breaches below the Bank's minimum to the Bank's Department of Banking.
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