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Laws and Regulations Database of the Central Bank of the Republic of China-Related Regulations

Title:Directions for Reporting Interest Rate Information by Financial Institutions Open new window for Chinese

Announced Date:October 21, 1994

Date:Amended on October 8, 2020

[Print]
 Article 1
1.Whenever a financial institution changes its interest rates on any of the 
 various types of New Taiwan dollar deposits or loans posted in accordance 
 with the Directions for Displaying Interest Rate by Financial Institutions, 
 the financial institution shall, prior to such rate changes taking effect, 
 report to the Central Bank of the Republic of China (Taiwan)(hereafter as 
 "the Bank") by the following means:
 (1) Banks, Chunghwa Post Co., Ltd. and credit cooperatives shall utilize the 
   Bank's "Financial Institutions Interest Rate Information Reporting System" 
   to submit the report.
 (2) The credit departments of farmers' or fishermen's associations shall report 
   such changes to the Agricultural Bank of Taiwan, which shall then compile 
   the reports for submission to the Bank.
 If a financial institution is unable to submit its report according to 
 Subparagraph 1, of the previous Paragraph, it shall submit its report via 
 electronic mail or facsimile in the format set forth by the Bank.
 Article 2
2. The time for financial institutions to electronically file [online] interest 
  rate information with the Bank shall be from 8:30 a.m. to 6:30 p.m. on the Bank's 
  business days.
 Article 3
3. The interest rate information reported by financial institutions shall be 
  disclosed by the Bank on the Bank's website for the public to search and download.
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