• Font Size:
  • S
  • M
  • L

Article NO. Content


Regulations Governing the Preparation of Financial Reports by Public Banks  CH

Announced Date: 2020.03.23 (Articles 18, 33 amended,English version coming soon)
Current English version amended on 2003.06.02 
Article 27     A Bank shall prepare interim financial reports in accordance with Chapter I through Chapter VII and Statement of Financial Accounting Standards No. 23 and, except where otherwise provided by the competent authority, is not required to prepare a consolidated financial statement. When the Bank prepares a quarterly report, it is not required to disclose segment financial information and prepare a statement of changes in shareholders' equity and a list of major account titles. With regard to an invested company in which the Bank holds 50% of the shares or less, it is further exempted from recognizing investment losses/gains by the equity method.