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Article 3
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The competent authority may at any time appoint officer(s) or entrust other appropriate institutions to examine the business operations, financial conditions and other relevant matters of an offshore banking branch of a bank, or require such bank to submit, within a specified period, financial statements, property statement or other relevant information/reports of its offshore banking branch.<br/>The competent authority may, if necessary, appoint a professional(s) and/or technician(s) to audit relevant matters, statements, information or records submitted by a bank pursuant to the preceding paragraph. The appointed professional(s) and/or technician(s) shall prepare and submit an audit report to the competent authority. The expenses incurred shall be borne by the bank.
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