| 2007.09.06 |
Article 10 of the“Amended Articles for Regulations Governing the Capital Adequacy Ratio of Banks”
[Chinese]
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Article 10 of the
“Amended Articles for Regulations Governing the Capital Adequacy Ratio of Banks”
Article 10 The bank shall report to the Competent Authority the capital adequacy ratio according to the following rules:
1. Within four months after the end of each business year, the bank shall report its own capital adequacy ratio and consolidated capital adequacy ratio reviewed by the certified public accountant together with the calculation form and the relevant information.
2. Within two months after the end of each half business year, the bank shall report its own capital adequacy ratio and consolidated capital adequacy ratio reviewed by the certified public accountant together with the calculation form and the relevant information.
3. Within two months after the end of each business year and each half business year, and within forty-five days after the end of the first quarter and the third quarter, the bank shall report the relevant information concerning the capital adequacy ratio to the Competent Authority.
If necessary, the Competent Authority may order the bank to report its capital adequacy ratio and submit relevant information at any time.
Paragraph 1 does not apply to a bank which is taken over by the competent authority pursuant to laws.