Laws and Regulations Database of the Central Bank of the Republic of China(Taiwan)

Title:Regulations Governing the Establishment and Audit of Reserves on Stored Value Funds Received by Specialized Electronic Payment Institutions

Announced Date:June 24, 2009

Date:June 17, 2021 (Effective from July 1, 2021)

Unless otherwise provided by these Regulations, the provisions in Paragraph 3 of Article 6, Subparagraph 2 of Paragraph 1 and Paragraph 2 of Article 7, Articles 9 through 13, Paragraph 1 of Article 14 regarding the carry-over of excess reserves, Paragraph 2 of Article 14, Article 15, and Paragraph 2 of Article 16 of the Audit Regulations shall apply mutatis mutandis to the receipt, adjustment, audit, and other matters relating to required reserves on stored value funds.