|
3
|
3.Business Scope, Contents and Disclosure Period of the Exchanged Data:
- For purposes of the Rules, the business scope of the Exchanged Data is as below:
- Negative data on credit extension businesses of financial institutions includes extending loans, extending overdraft facilities, discounting bills and notes, extending guarantees, accepting drafts and others, excluding credit card and non-recourse factoring of accounts receivable.
- Negative data on credit extension businesses of securities firms includes margin trading, excluding short sales, securities business money lending, non-restricted purpose loans and more.
- Contents of the Exchanged Data mentioned in the preceding subparagraph are as described in Appendix 1 and Appendix 2.
- JICC’s records of non-performing loans, non-accrual loans and bad debts are disclosed for three years from the date of repayment, provided the maximum period of disclosure of bad debt records may not exceed five years from the date of write-off. TWSE’s records of investor margin trading defaults (excluding short sales), securities business money lending defaults and non-restricted purpose loan defaults that have been reported by the securities firm as settled are disclosed for three years from the date of the settlement.
|