| 2007.09.06 |
Article 8 of the “Regulations Governing the Capital Adequacy Ratio of Credit Cooperatives”
[Chinese]
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Article 8 of the
“Regulations Governing the Capital Adequacy Ratio of Credit Cooperatives”
Article 8 Every credit cooperative shall, within two months after the end of each half-year account settlement, report its accountant-certified capital adequacy ratio calculated and presented in accordance with the method and format promulgated by the Ministry of Finance and submit relevant information.
If necessary, the competent authority may order a credit cooperative to report its capital adequacy ratio and submit relevant information at any time.
Paragraph 1 does not apply to a credit cooperative which is taken over by the competent authority pursuant to laws.