Title:
Announced Date:December 19, 1961
Date:May 20, 2011
第五條
The Department of Banking shall be charged with the following duties:
1.Matters pertaining to regulating the posting and notification by financial institutions of interest rates on New Taiwan dollar denominated deposits and loans.
2.Matters pertaining to receiving the required reserves on various deposits of banks, other liabilities and trust funds as well as formulating and announcing the relevant ratios.
3.Matters pertaining to handling bank deposits and special deposits.
4.Matters pertaining to providing rediscount, short-term accommodations, refinancing of secured loans as well as medium and long-term accommodations to banks.
5.Matters pertaining to formulating and implementing selective credit controls.
6.Matters pertaining to providing special finance to the Central Deposit Insurance Corporation.
7.Matters pertaining to the clearing and/or settling of inter-bank negotiable instruments as well as electronic fund transfers.
8.Matters pertaining to the trading of government bonds, bank debentures and short-term bills.
9.Matters pertaining to issuance and trading of certificates of deposit, savings bonds, and short-term bonds.
10.Matters pertaining to prescribing for banks the minimum ratio of their liquid assets to their various liabilities.
11.Other matters pertaining to the banking business.