2024.02.05 |
If branches of foreign banks within the jurisdiction of the Republic of China (hereinafter referred to as Taiwan) incorporate Bail-in provisions into deposit agreements, as per the Bank Recovery and Resolution Directive (BRRD) of the European Union (EU) or other similar regulations in their home countries, it contradicts the legislative intent of Taiwan's laws and the Banking Act, which aim to safeguard depositors. Please adhere to the following instructions. |