Regulatory Alerts2020-10-08
Added · Updated
Directions for Reporting Interest Rate Information by Financial Institutions
Financial institutions must report changes to New Taiwan dollar deposit or loan interest rates to the Central Bank of the Republic of China (Taiwan) before the changes take effect. Banks, Chunghwa Post Co., Ltd., and credit cooperatives are required to use the Bank's reporting system, while credit departments of farmers' or fishermen's associations must report to the Agricultural Bank of Taiwan for compilation. Electronic filing is permitted between 8:30 a.m. and 6:30 p.m. on business days, with alternative submission via email or facsimile allowed if the primary system is unavailable. The reported interest rate information is disclosed on the Bank's website for public access.
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