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Financial examiners focus on banks' anti-SARS mechanisms.

Asia Africa Intelligence Wire

| May 19, 2003 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Taiwan Economic News)

Taipei, May 19, 2003 (CENS)--The financial audit and examination agencies are focusing on the inspection of financial institutions' contingency measures to cope with the threats from the epidemic of severe acute respiratory syndrome (SARS)

The Central Bank of China, the Ministry of Finance, and Central Deposits Insurance Corp. have advised their staff to modify their on-site examination of the financial and accounting operations at banks with higher exposure to SARS virus after several medical …

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