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Explanation of New Regulations

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Amendments to the "Approval Standards for Financial Institutions Applying to Participate in Deposit Insurance"

To shorten the window period of newly-established financial institutions, The Financial Supervisory Commission issued an amendment order, advancing the timeline of newly-established financial institutions applying to participate in deposit insurance, in order to help them improve the deficiencies identified by the Central Deposit Insurance Corporation''s on-site inspection and control their operational risks, with an aim of implementing the protection of depositors'' rights and interests.

Visitor: 358   Update: 2019-10-23